Bitumen exploration: FG Appoints program Manager

The Federal government has appointed Price-waterhouse-coopers as TRANSACTION ADVISOR & program Manager for the concessioning of bitumen blocks.

It is a step towards the start of local production of 42.7billion metric tonnes Bitumen deposit.

Ondo state is adjudged to be the largest deposit of bitumen in Africa and second to Canada in the world.

This will reduce the cost of road construction in Nigeria and create direct jobs.