22 June 2021 By James Itodo
A bill seeking to provide for accelerated development of the Nigerian Solid Mineral sector to diversify the Nation’s Economy and reduce over dependence on dwindling oil revenues passed second reading in the Senate.
This followed the presentation of the lead debate by the sponsor of the bill, Senator Yakubu Oseni representing kogi central during plenary in Abuja..
The bill entitled “A Bill for an Act to establish the Solid Minerals Producing Areas Development Commission in the Federal Republic of Nigeria to address the environmental devastation and for other connected matters thereto, 2021” received unanimous support of all the lawmakers in plenary.
Leading the debate, Oseni said that the bill was read for the first time in this Hallowed Chamber on Wednesday, 5th of May this year.
He said that the objectives of the bill included formulation of policies and guidelines for development of the mineral producing areas.
The debate on the bill was seconded by Senators Smart Adeyemi representing Kogi West and Gabriel Suswam representing Benue North East.
The President of the Senate Ahmad Lawan thereafter referred the bill to the Senate Committee on Solid Minerals
to report back in four weeks.