• About
  • Advertise
  • Privacy & Policy
  • Contact
ONews Blog
  • Home
  • News
  • Social Media
  • Entertainment
  • Insights
  • Business
  • Lifestyle
No Result
View All Result
  • Home
  • News
  • Social Media
  • Entertainment
  • Insights
  • Business
  • Lifestyle
No Result
View All Result
ONews Blog
No Result
View All Result

Bitumen Exploitation Commences In Ondo State As Equipment Land In Irele

ONews by ONews
July 26, 2020
in News

The South West Bitumen Exploration Limited (SWB), an indigenous company which is set to commence modular exploitation of Africa’s largest bitumen deposits in the southern part of Ondo state is targeting an output of 50,000 tonnes monthl.

Speaking with newsmen the company’s mining engineer, Akinyeke said the firm will deliver 20,000 tonnes of bitumen in monthly at the first instance, adding that when it is stabilised, an output of 50,000 tonnes monthly will be realized.

Newsmen were weekend conducted round the operational base located at Lamidifa in Irele Local Government Area of the State.

The firm, which has secured a 25-Year renewable Operational Mining License for the exploitation of the mineral deposit has already deployed initial processing and mining equipment to the operational base.

Also speaking, another representative of the company, Engr. Adeiya Oluwatominiyi said earth moving equipment like bulldozers, excavators and wheel loaders have been brought for the mining of the bitumen.

While describing the process as a modular one likened to a pilot one, he explained that unlike exploitation of Petroleum, the bitumen in the state is in Tar Sand which can be excavated from the topsoil and taken to the yard for processing.

READ  Akeredolu Picks Former NDDC Rep, Lucky Ayedatiwa as Deputy

According to him “the processing equipment are German-made and done with the exact requirement for the exploitation of he particular type of bitumen in the state.

“We have brought the earth moving equipment like the bulldozer, escavator and the wheel loaders.

“We use of bulldozer for the clearing of the identified outcrop after which we take the escavator to extract the tar sand and stockpile them in the yard for processing

“The type of bitumen we have is tar sand. After we must have deployed the bulldozer, the escalator will load the tipper and bring it here for processing. This is where we will be doing the processing.

“This is a pilot case. It is modular exploitation. What we have in Nigeria is tar sand bitumen. Not like in Petroleum when you are tapping from it to get bitumen. We are not getting it from the cracking of anything. What we need to do is to heat it with the required technology.”

READ  Ondo 2020: Full List of 17 Aspirants and their Deputies

Speaking, the Commissioner for Information and Orientation, Donald Ojogo said the Governor Oluwarotimi Akeredolu administration has been pursuing the exploitation of the bitumen and the establishment of the deep seaport.

Ojogo noted that the bitumen exploitation has started taking shape with the assurance of its reality, stressing that this is the first time any government in the state will be expending resources on the exploitation.

According to the commissioner; ”the mere sighting the equipment, one would think it was for construction unless there is the technical knowledge to understand their functions in mining.

“What they are trying to do is a pilot project. This is the first time any company will expend so much on this project. This is the first time a company will take the license and efforts and commitment would be seen unlike in the past where people take the licence and go home to sleep.

“You know they cannot just jump over several fences and we are almost sailing through our investment destination. As a state, what we require is bitumen exploitation and deep seaport. We are into this now and it is very reassuring that Governor Akeredolu will not rest until this is achieved.

READ  Plans to Reduce Tuition Fees in Ondo Tertiary Institutions is Mere Hoodwink - PDP

“I know with what they have done, more and more firms will be ready to invest in this. It’s not easy to deploy this kind of technology and equipment. In a matter of six, seven months, we will be getting large production of bitumen from here.” Ojogo said.

On his part, the Special Adviser to the Governor on Investment and Development, Boye Oyewumi described the development as a statement of result and not a statement of efforts.

Oyewunmi explained that the intention of the Akeredolu administration is to make Ondo State the capital of bitumen in Africa.

He said “the fact that the barriers have been broken is an attestation that the government is ready to do what others thought was impossible.

Oyewunmi thanked “the Federal government for the help rendered in the course of moving the equipment while assuring the Southwest Bitumen that the state is the most conducive place to do business.

Previous Post

Ondo 2020: What is Between Jegede and Mimiko?

Next Post

Oshiomhole is my Main Opponent Not Ize-Iyamu – Obaseki

Related Posts

Breaking: Professor Oyedamola Oke Appointed Acting LASU VC
News

Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

January 11, 2021
Former LASU Don, Prof. Benjamin Aribisala, Appointed Oduduwa University Vice Chancellor
News

Former LASU Don, Prof. Benjamin Aribisala, Appointed Oduduwa University Vice Chancellor

January 10, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

+ 1 = 10

  • Trending
  • Comments
  • Latest

Revealed: Names of LASU Lecturers Sacked for Non-Possession of PhD Degrees

January 10, 2021
Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

January 11, 2021

LASU Sacks 20 Lecturers for Non-Possession of PhD Degrees

January 9, 2021
How to Pay Tithe Using USSD Code at Living Faith Church (Winners Chapel)

How to Pay Tithe Using USSD Code at Living Faith Church (Winners Chapel)

April 20, 2020
Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

January 11, 2021
Former LASU Don, Prof. Benjamin Aribisala, Appointed Oduduwa University Vice Chancellor

Former LASU Don, Prof. Benjamin Aribisala, Appointed Oduduwa University Vice Chancellor

January 10, 2021
Nigeria Immigration Service Headquarters Razed by Fire

Nigeria Immigration Service Headquarters Razed by Fire

January 10, 2021

Revealed: Names of LASU Lecturers Sacked for Non-Possession of PhD Degrees

January 10, 2021

Recent News

Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

January 11, 2021
Former LASU Don, Prof. Benjamin Aribisala, Appointed Oduduwa University Vice Chancellor

Former LASU Don, Prof. Benjamin Aribisala, Appointed Oduduwa University Vice Chancellor

January 10, 2021
Nigeria Immigration Service Headquarters Razed by Fire

Nigeria Immigration Service Headquarters Razed by Fire

January 10, 2021

Revealed: Names of LASU Lecturers Sacked for Non-Possession of PhD Degrees

January 10, 2021
Remembering S.L. Edu 19 Years After; the Godfather of Conservation Movement

Remembering S.L. Edu 19 Years After; the Godfather of Conservation Movement

January 10, 2021
LASG Impounds 100 Notorious Illegal Commercial Motorcycles on Restricted Routes

LASG Impounds 100 Notorious Illegal Commercial Motorcycles on Restricted Routes

January 10, 2021
LASU’s Pioneer Vice Chancellor, Prof. Folabi Olumide passes on at 81

Prof. Afolabi Olumide The Outstanding Real Father of LASU – Yemi O. Aanu

January 10, 2021
LASU: Let us do the right thing by Tajudeen Olanrewaju

LASU: Let us do the right thing by Tajudeen Olanrewaju

January 9, 2021

LASU Sacks 20 Lecturers for Non-Possession of PhD Degrees

January 9, 2021
ONews Blog

We bring to you talks/news of the day from every facet of life to inform, entertain and gives you fun, humour as well as other thought provoking contents. Check our pages for more.

Follow Us

News by Category

  • Business
  • Entertainment
  • Insights
  • Lifestyle
  • News
  • Social Media
  • Sports

Recent News

Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

Breaking: Professor Oyedamola Oke Appointed Acting LASU VC

January 11, 2021
Former LASU Don, Prof. Benjamin Aribisala, Appointed Oduduwa University Vice Chancellor

Former LASU Don, Prof. Benjamin Aribisala, Appointed Oduduwa University Vice Chancellor

January 10, 2021
  • Home
  • News
  • Social Media
  • Entertainment
  • Insights
  • Business
  • Lifestyle

© 2020 O'News Blog - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
  • Social Media
  • Entertainment
  • Insights
  • Business
  • Lifestyle
  • English
  • Hausa
  • Igbo
  • Yoruba

© 2020 O'News Blog - Designed by Semasir Connect.

Enable Notifications    OK No thanks