FINALLY: National Assembly To Begin Solid Minerals Bills Debates
The National Assembly would soon commence consideration of bills for the management of solid minerals in the country.
A member of the House of Representatives, Emmanuel Egwu, Thursday, said that the bills were aimed at ensuring proper coordination of activities of the solid minerals sector to make it viable and generate revenue for the country.
Egwu lamented that whenever there was fall in oil price or disruption in production of oil, the nation used to suffer from revenue losses.
Egwu said: “Even if the price of oil is high, as high as 100 dollars per barrel and we cannot produce enough, it is still a problem, just look at what is happening in the Niger Delta today.”
He stressed the need to pass the bills to strengthen sources of diversifying the nation’s economy and generate revenue.