Do you know why the Group Chief Executive of Oando Group, Adewale Tinubu, is well respected and revered in the nation’s business sector?
The answer is simple: his stupendous entrepreneurship, towering disposition and unequalled business wisdom.
The renowned energy mogul has always showcased his shrewdness and brilliance. In the oil sector, he toiled and sweated to put Oando on a competitive edge that the company is today.
Having conquered the oil sector, he is expanding in a big way by launching Oando Mining to explore lithium and other key minerals for Nigeria’s clean energy future.
As gathered, the company’s decision comes after it paused petrol trading, focusing instead on areas that promise stronger long-term returns.
Oando Mining has strengthened its exploration team by hiring seasoned local geologists to lead multiple field programs across Nigeria. The firm said it is now running simultaneous exploration campaigns on its lithium licenses, including a key project in Kebbi State, operated under a production-sharing contract.
For the final quarter of 2025, Oando plans to complete field evaluations, rank its lithium prospects and select the most commercially viable site for pilot-scale production.
The interest in lithium comes as the global tech and electric vehicle industries increase their demand for rechargeable batteries, thus driving up the metal’s strategic value.
Beyond lithium, Oando Mining has started exploring tin and bitumen. The company recently concluded a five-day reconnaissance survey that confirmed the presence of both alluvial and hard-rock tin and wolframite deposits. Early sampling results, the firm said, were encouraging.
Oando is also in advanced discussions with a Canadian engineering company that specialises in bitumen and oil sands development. The potential partnership could bring in technical expertise and new investment from Canada’s strong bitumen industry.
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