The Nigerian Senate has approved the establishment of an agency for the development of solid mineral resources.
Naija News understands that the lawmakers approved the agency during the plenary on Tuesday, March 23, a development coming following a series of debate on a bill sponsored by Senator Tanko Al-Makura, which seeks to encourage investment and foreign exchange earnings for the country.
The bill is titled, “a bill for an Act to establish the Nigerian Mineral Development Corporation to invest and catalyze investments in the mining sector, to promote and support mining sector growth and for all related matters.”
Naija News understands that lawmakers who spoke during the debate contested that Nigeria was losing billions of dollars daily to foreign miners who were taking advantage of the lack of agency which is overseeing solid mineral exploration and exploitation of the products.
The Senate reached an agreement that the bill should pass second reading when the Senate President, Ahmad Lawan, subjected its passage to voice vote.
Lawan in his reaction referred the proposed legislation to the Senate Committee on Solid Minerals for a public hearing and report back in four weeks.
Naija News reports that the Minister of Aviation, Hadi Sirika, at the briefing of the Presidential Task Force on COVID-19 in Abuja on Monday, March 22 disclosed that catering services will be resumed with immediate effect on domestic flights.