Ondo bitumen host communities kick against exploitation
Bitumen host communities in Irele Local Council of Ondo State have kicked against the exploitation of the natural resources found in that part of the state by South-West Bitumen Nigeria Limited (SBNL).
Bitumen imports gulp N300b despite huge deposits in states
Although Nigeria has one of the largest bitumen deposits in the world with over 42.74 billion metric tonnes (bmt), it has continued to waste its scarce foreign exchange earnings on imports...
Mining sector: Time to walk the talk
A claim the other day by the Minister of Mines and Steel Development, Mr. Olamilekan Adegbite that seven ‘‘strategic minerals’’ that can unlock potential in the mining sector
Why Nigeria is missing out in $110b global bitumen market
Though Nigeria has one of the largest deposits of bitumen in the world, stakeholders have expressed concern over government’s inability to properly harness the resources for the country’s economic benefit. Report by Global Market Insights Inc. had indicated that the market size for the resources would exceed $110 billion by 2024, especially with stimulated efforts…
‘Our goal is to end importation of bitumen into Nigeria’
I don’t know of past promises but I want to use this opportunity to say expressly without mincing words that the era of Nigeria importing Bitumen will soon be a thing of the past.
Puma delivers bitumen in Nigeria
Puma Energy, the global mid and downstream energy company, is pleased to announce the delivery of its first cargo of bitumen to its terminal located in Calabar, South East, Nigeria under a joint venture ...