Senate approves creation of Solid Mineral Agency

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The Senate on Tuesday passed for second reading a Bill which seeks to establish an agency for the development of solid mineral resources in Nigeria.

The Bill 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” was sponsored by Senator Tanko Al-Makura.

The Bill among others, seeks
to encourage investment and foreign exchange earnings for the country.

Senators in their contributions supported the Bill.

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