• Ondo State set to begin bitumen exploitation

    Ondo State set to begin bitumen exploitation

    Ondo State Govern­ment may have recorded a major breakthrough in its quest for economic stabil­ity as arrangements have begun for the exploitation of bitumen, being one of the mineral resources the state has in commercial quantity.

    Briefing newsmen on the development in Akure yesterday, Commissioner for Information, Kayode Akinmade, said govern­ment had secured the li­cence to exploit the com­modity through Beecon Nigeria Limited, a con­cern where the govern­ment has near complete ownership.

    He said government had before now signed a Memorandum of […]