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Nairaland Forum / Nairaland / General / Politics / FG Awards Oil Block License To Ondo For Bitumen Exploration (19978 Views)
Ondo State Set To Begin Bitumen Exploration / FG Earned N1.662trn From Oil Block License Renewals, Royalties In One Year / FG Awards N206bn Contract For Main Work Of Second Niger Bridge (2) (3) (4)
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FG Awards Oil Block License To Ondo For Bitumen Exploration by OduduaDefender(m): 4:44pm On Jul 18, 2017 |
The Nigerian Government on Tuesday announced the award of an oil block license to Ondo State Government for bitumen exploration. http://thenationonlineng.net/fg-awards-oil-block-license-ondo-bitumen-exploration/ 7 Likes 1 Share
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Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by sarrki(m): 4:45pm On Jul 18, 2017 |
Good one Its our oyel 26 Likes 1 Share |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Kyase(m): 4:52pm On Jul 18, 2017 |
sarrki:i just dey pity you. Because wetin dey come for you, even ant missile no fit control am 12 Likes 2 Shares |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Blue3k(m): 4:54pm On Jul 18, 2017 |
Finally these guys had to wait for oil to be at it lowest before thinking to do this? Oh well better late than never sha. I only wish the decided with private firms instead of government. Fayemi said “Nigeria currently imports over 600,000 tons of asphalt per annum and the nation spends billions of naira on importation of asphalt every year. The naira is weak now because of much demand for dollar and less demand for naira and the poor export policy in the country. This is why I like Minister Kayode Fayemi he follows through on his policies. 17 Likes |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Aphrygian(m): 4:55pm On Jul 18, 2017 |
Better late than never shaaaa, but why did it take them this long? 3 Likes |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Homeboiy: 4:56pm On Jul 18, 2017 |
we Niger delta boiz say we no go greee |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Nobody: 4:58pm On Jul 18, 2017 |
But where is lalasticlala sef "Ondo State as one of the nine oil and gas producing states has abundant oil and gas reserves that remain undeveloped, even though we produce about 12 % of the daily oil production in the country." Only 12% - ?All That Is 3 Likes
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Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by sarrki(m): 4:59pm On Jul 18, 2017 |
Kyase: I dey wait for them 2 Likes |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Kyase(m): 5:00pm On Jul 18, 2017 |
sarrki:no wahala, make i dey watch. 1 Like |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Jetleeee: 5:05pm On Jul 18, 2017 |
The number of times they've granted this bitumen exploration license ehn. Anyway, we dey watch 29 Likes 1 Share |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by OduduaDefender(m): 5:06pm On Jul 18, 2017 |
There shouldn't be any ethnic/tribal jab this evening o. 1 Like |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by kodath(f): 5:11pm On Jul 18, 2017 |
OduduaDefender:why? 4 Likes 1 Share |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by OduduaDefender(m): 5:13pm On Jul 18, 2017 |
kodath: That is just it. 1 Like |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Blue3k(m): 5:20pm On Jul 18, 2017 |
Lots of gems in this article. It seems the state is taking nice steps towards diversifying economy themselves. I expect nice IGR increase from then. Diversification Initiative (PEDI) also witnessed the signing of a Memorandum of Understanding (MoU) between the state government and WEMS Agro Ltd for the planting of rice in over 5,000 hectares of land at Akotogbo in Irele Local Government Area of the state. It will interest you to know that our Rice paddies are taken all the way to Lagos or Kogi by our farmers to be processed because we don’t have any rice mill in the State. To complement the production effort of the farmers, the State plans to setup specialized Staple Crop Processing Zones (SCPZ) for these crops to enable investments in the production of finished products ready for export. has signed a MoU with Ministry of Niger/Delta and NDDC for the funding of 50km Araromi road in Ilaje LGA of the state to Ibeju/Lekki, Lagos aimed towards business development. Story you guys may like: Newpoacher 1 Like |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by kodath(f): 5:21pm On Jul 18, 2017 |
OduduaDefender:because of what?? |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Jetleeee: 5:27pm On Jul 18, 2017 |
Blue3k: The one about connecting Araromi - Ibeju Lekki would be so awesome, but it looks more like lip service to me. They actually signed that MOU last year and I don't think they've even started construction yet. 8 Likes |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by OduduaDefender(m): 5:30pm On Jul 18, 2017 |
kodath: Because we don't need that now. |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Blue3k(m): 5:44pm On Jul 18, 2017 |
“Ondo State as one of the nine oil and gas producing states has abundant oil and gas reserves that remain undeveloped, even though we produce about 12% of the daily oil production in the country. Well Governor by your own admission your state is operating below it's economic potential. Not processing crops puts you at bottom of value chain, All those unexploited minerals in ground, lack of commercial fishing industry etc. “It is no longer news that Ondo state accounts for over 40% of Nigeria’s annual cocoa output, however we process less than 2% of our cocoa output. It is estimated that over 90% of the minerals in Ondo State are unexploited and unutilized. It will interest you to know that our Rice paddies are taken all the way to Lagos or Kogi by our farmers to be processed because we don’t have any rice mill in the State. “Our coastline which is about 120km, is one of the longest in Africa and is home to various fish species like sole snapper, croaker, barracuda, big eye grunter, 7 Likes 1 Share |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Nobody: 6:00pm On Jul 18, 2017 |
sarrki:Ondo get oil.? Upon all your sabi, u no no say na minister of petroleum dey award oil block. Empty barrels everywhere. 4 Likes |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Blue3k(m): 6:15pm On Jul 18, 2017 |
The free trade zone will boast Ondo's economic productivity the government follows through on its iniatives. “Let me announce to this gathering that Ondo State had been granted two Free Trade Zone (FTZ) licenses which are Olokola (being oil and gas FTZ in Front Page: Mynd44 lalasticlala 1 Like |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Nobody: 6:30pm On Jul 18, 2017 |
Okay |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by kinibigdeal(m): 6:32pm On Jul 18, 2017 |
Good development |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by lkozim(m): 6:32pm On Jul 18, 2017 |
This is great |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by safiaapussy: 6:32pm On Jul 18, 2017 |
s |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Iwu1432: 6:33pm On Jul 18, 2017 |
Isorai |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by CarterKim(m): 6:33pm On Jul 18, 2017 |
Chill!! 2 Likes
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Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by pelumi111: 6:33pm On Jul 18, 2017 |
ok |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by banme1(m): 6:33pm On Jul 18, 2017 |
sarrki:u don finally subscriber? 1 Like |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by nnokwa042(m): 6:34pm On Jul 18, 2017 |
Keneking:no be only 12% ole onye oshi 1 Like |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by Wiseandtrue(f): 6:35pm On Jul 18, 2017 |
A nice step but you need to be transparent. What about the other OIL BLOCKS #restructurenow# 2 Likes |
Re: FG Awards Oil Block License To Ondo For Bitumen Exploration by mikeycharles(m): 6:35pm On Jul 18, 2017 |
Our funds are being diverted 1 Like |
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