BIG PROBLEM; Nigerian crude to dry up soon because of this.

Data from the Department of Petroleum Resources [DPR] have shown that the Nigerian crude oil reserves, put at 38 billion barrels could dry up in 55 years.

According to reports from the the Nigerian tribune the data was submitted to the financial and geographical institution and that it was processed and revealed by Pan-African Bank, the Eco bank group.

Any way it is not noted if this reports include oil just discovered in some other states like Benue, Ondo and Lagos or just the Niger Delter region.

The report revealed that Nigeria has been suffering output reserves since 1980.
Dolapo Oni, the head of energy research of the Eco bank group, revealed this in a presentation at a retreat in Lagos recently.

Oni claimed that the country is left with 55 years of production while Libya still has 189 years to produce crude oil from

its reserves.