A bill calling for the establishment of the Bitumen Development Commission will help to encourage the use of the nation’s vast bitumen resources has been passed by the Senate.
Following the adoption of a report from the Senate committee on solid minerals development, the bill, which was sponsored by Senator Jimoh Ibrahim (APC, Ondo South), was approved for third reading on Wednesday.
Senator Diket Plang, who was present, noted that the commission’s establishment is necessary for the effective regulation, exploration, and development of Nigeria’s estimated 42 billion tonnes of bitumen deposits, which are reportedly the second-largest in the world.
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Senator Godswill Akpabio, the Senate’s president, praised the development-focused initiative that aims to unlock Nigeria’s potential in the solid minerals sector.
Source: Channels TV
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