Solid minerals areas commission bill passes 2nd reading at Senate

The bill has been referred to the Committee on Solid Minerals for further legislative action.

Nigerian senators [Tope Brown]

A bill for an act to establish Solid Minerals Producing Areas Development Commission has passed second reading at the Senate.

The passage followed the presentation of the lead debate by the sponsor of the bill, Senator Yakubu Oseni (APC-Kogi), during plenary on Tuesday.

The bill is titled 'A Bill for an Act to establish the solid minerals producing areas development commission in the Federal Republic of Nigeria to address environmental devastation and for other connected matters thereto, 2021'.

Leading the debate on the general principles of the bill, Oseni said it was read for the first time at the hallowed chamber on May 5.

He said the country was endowed with solid minerals of various categories, ranging from precious metals to precious stones and industrial minerals.

"The Nigerian Extractive Industries and Transparency Initiative (NEITI) reported that there are approximately 40 different kinds of solid minerals and precious metals buried in Nigerian soil waiting to be exploited.

"The sector offers a viable alternative to petroleum for foreign exchange earnings.

"Globally, the mining industry has been a close rival to the petroleum industry, while Nigeria only earns a paltry 89 million dollars per annum from it," he said.

He said the objective of the bill included formulation of policies and guidelines for the development of the mineral producing areas.

The debate on the bill was seconded by senators Smart Adeyemi (APC-Kogi) and Gabriel Suswam (PDP-Benue).

The President of the Senate, Dr Ahmad Lawan, thereafter, referred the bill to the Senate Committee on Solid Minerals for further legislative action.

JOIN OUR PULSE COMMUNITY!

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Court frees El-Zakzaky and his wife, says they have no case to answer

Bauchi govt begins headcount of commercial sex workers

Blue Bus Frontliners: The inside story of rehabilitating victims of human trafficking in Nigeria

Kano govt to file fresh charge against Muslim cleric accused of blasphemy

Police refutes abduction of 60 travelers on Gusau-Sokoto highway

Heavy downpour claims 2 lives, damages 1,500 houses in Katsina

Akeredolu retains Ondo Governor's seat after close Supreme Court verdict

YABATECH ranked best polytechnic in Nigeria

UTME: JAMB releases more results; lists names of candidates whose results have been withdrawn