The federal government is considering banning the importation of barite by unbundling it from mud contractors in the industry.
He said that this can be found under the local content clause of the Executive order 5 signed by Mr. President and if local producers can match the barite requirements of the country, importation of barite will be banned. “I will be willing to go the whole up with you to make sure we create the enabling environment to ensure we protect the local industry, ones we are sure that it is a material that can be used and you are able to meet the needs, we will compell this people to buy from you.”
He said: “Barite and bentonite calcium carbonate is the primary key raw materials found in Nigeria for oil and gas drilling.