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“With an estimated reserve of 42 billion barrels of Bitumen and the second largest deposit in the world, Nigeria has no business importing Bitumen, we should be a major net exporter to the rest of the world and we have no choice but to make this a reality” The Minister of Solid Minerals Development, Dr…
HIS campaign train is electrifying. On board are core party loyalists, trusted followers, youths, women and men of goodwill.
Senator Jimoh Ibrahim (APC, Ondo South), who sponsored the bill, said Nigeria has 38bn bitumen reserves.
Nigeria, as stated in the bill sponsored by Senator Jimoh Ibrahim, has a quantum of 5.9 trillion barrels (938billion m³) of bitumen and heavy oil resources, second to Venezuela.
The Senate in Abuja made a legislative move to include Nigeria in the $147 billion global bitumen market with the passage of a bill seeking the