Bloomberg News

Nigeria Seeks Investors to Explore 5 Oil Basins, Minister Says

November 29, 2011

Nov. 29 (Bloomberg) -- Nigeria wants investors to explore for oil in five basins in the country known to have potential for hydrocarbons reserves, Petroleum Minister Diezani Alison- Madueke said in a speech at a conference today in Lagos, the commercial capital.

Areas identified include the Benue, Gongola and Anambra basins as well as Bida and Sokoto, she said.

To contact the reporter on this story: Emele Onu in Johannesburg at

To contact the editor responsible for this story: Dulue Mbachu at

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