https://www.youtube.com/watch?v=OBaoeOJAiiA

The federal government has begun moves to stop the importation of bitumen into the country. Minister of Works and Housing, Babatunde Fashola disclosed this to State House correspondents after the federal executive council meeting presided over by President Muhammadu Buhari.

According to him, a significant amount of bitumen used in road construction in Nigeria is imported, therefore creating jobs abroad.

He further explained that a directive would be issued to the Ministry of Petroleum Resources and the Ministry of Mines and Steel to develop
strategies to enhance, stimulate, and encourage local production of bitumen.

He said, “The Ministry of Work and Housing presented a memorandum on the initiative of the President as to our source of bitumen which is
used in road construction and its cost.

It was a policy memorandum which revealed that a significant amount of bitumen we used in road construction in Nigeria is imported, therefore
creating jobs abroad and recommended to council to approve a directive to the Ministry of Petroleum Resources and the Ministry of Mines and
Steel to develop strategies to enhance, stimulate, and encourage local production of bitumen.

“Essentially, that policy recommendation was approved by the council today to encourage bitumen production locally in Nigeria. This will of
course help to further diversify the economy and open another sub-sector of the extractive and hydro-carbon industry for local
opportunities.

“We see a demand of 500,000 metric tonnes of bitumen locally per annum. So, we encourage those who can manufacture and produce bitumen
locally to tap into this demand.”

He further explained that “We see the opportunity for thousands of jobs to be created directly if this is done. And government intends to
give encouragement and support to all those who take up this opportunity.

“We expect Kaduna Refinery to also raise its game by participating in this sub-sector of hydrocarbon industry. We expect that it will
improve the quality of bitumen that is produced and goes into our road construction. Just as we are now able to control the quality of cement
that goes into local construction.

“We are also promoting the use of more cement, stones, and rocks in road construction. Our ministry is now developing a design manual rock
and stone in road construction in the country.

“These are the framework of policy documentations that we presented to council today and they were approved. So, we expect the Nigerian
entrepreneurial community to now respond to all of the existing government policies for setting up businesses and embracing this
policy as part of ways to develop our made-in-Nigeria capacity.”

mrvitalis:
Fashiola was over hyped as governor ... honestly the first time I went to Lagos as a pH boy I was disappointed ...from airport to lekki ...not a single standard road ...the worst is that lekki epe Express

Now he has failed as a minister too

As a governor he was no we're near aklabio and ameachi in any aspect

tamdun:

When was the first time you came to Lagos

ican2020:
Importing bitumen into Nigeria when we have it in commercial quantities.

What is wrong with Nigeria?

Shame to all Nigeria leaders, both past and especially present.

And it will never be well with whoever did these to Nigeria

CHIDINMALOVE:


https://leadership.ng/2020/07/23/fg-moves-to-stop-importation-of-bitumen/

mrvitalis:
Fashiola was over hyped as governor ... honestly the first time I went to Lagos as a pH boy I was disappointed ...from airport to lekki ...not a single standard road ...the worst is that lekki epe Express

Now he has failed as a minister too

As a governor he was no we're near aklabio and ameachi in any aspect

mrvitalis:
Fashiola was over hyped as governor ... honestly the first time I went to Lagos as a pH boy I was disappointed ...from airport to lekki ...not a single standard road ...the worst is that lekki epe Express

Now he has failed as a minister too

As a governor he was no we're near aklabio and ameachi in any aspect

[/quote][quote author=zedegit post=92016855]

How clueless could these people be?

I want to buy bread. You dont have so I told my brother to buy the bread for me in another shop. You went and warned the woman not to sell bread to him that you will soon start selling your own bread.

You dey mad?

mrvitalis:
Fashiola was over hyped as governor ... honestly the first time I went to Lagos as a pH boy I was disappointed ...from airport to lekki ...not a single standard road ...the worst is that lekki epe Express

Now he has failed as a minister too

As a governor he was no we're near aklabio and ameachi in any aspect

ikcid:

Nigeria has the second-largest bitumen deposit in the world. That we import what we have in excess is but a joke

Upworkwriter007:
You won't say this if you know Lagos before fashola got there.

aremuforlife:

What do you mean by clueless? There decision will encourage local product, that is how it is been done in advance world. They stopped what they produced locally or inflate the tax to discourage importation.

mrvitalis:
Fashiola was over hyped as governor ... honestly the first time I went to Lagos as a pH boy I was disappointed ...from airport to lekki ...not a single standard road ...the worst is that lekki epe Express

Now he has failed as a minister too

As a governor he was no we're near aklabio and ameachi in any aspect

sojayy:

Shut up Jaree ! Tribal bigot