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FG Seeks Investors For Bitumen Development

FG Seeks Investors For Bitumen Development   The Federal Government is seeking national and international investors interested in the development of the nation’s 42 billion barrels of Bitumen reserves. Speaking at a virtual session organized by the Ministry of Mines and Steel Development in collaboration with PwC...

Fed Govt Approves Local Production Of Bitumen

Fed Govt Approves Local Production Of Bitumen   The Federal Government has given approval for investment by manufacturers in the local production of bitumen and other construction materials that are being imported for the construction of roads. It was gathered on Thursday that the Federal Executive Council...

Using Bitumen For Road Projects Will Conserve Foreign Reserves – Minister

Using Bitumen For Road Projects Will Conserve Foreign Reserves - Minister   The Minister of Mines and Steel Development, Arch. Olamilekan Adegbite, has said that exploring the nation’s huge bitumen deposits would go a long way in facilitating ongoing road projects and by implication, safe the...

Bitumen: 11 Firms Indicate Interest In Ondo Exploration

Bitumen: 11 Firms Indicate Interest In Ondo Exploration   Eleven private firms have shown interest to partner with the Ondo State Bitumen Exploration and Exploitation Company (BEECON) through the State Development and Investment Agency (ONDIPA) to commence the exploitation and exploration of bitumen in the state. The...