Bitumen Development Commission News Today

Then towards economic recovery and sustainable growth, the Senate commenced amendments to the Nigerian Investment Promotion Commission Act, Nigerian Deposit Insurance Corporation Act, Federal Inland Revenue Service Act and the Price Control Act in addition to two other separate attempts on the Central Bank of Nigeria Act.

The Senate, in its first quarter, had declared what seemed a state of emergency on the road infrastructure. 

HIS campaign train is electrifying. On board are core party loyalists, trusted followers, youths, women and men of goodwill.

Senator Jimoh Ibrahim (APC, Ondo South), who sponsored the bill, said Nigeria has 38bn bitumen reserves.

 Nigeria, as stated in the bill sponsored by Senator Jimoh Ibrahim, has a quantum of 5.9 trillion barrels (938billion m³) of bitumen and heavy oil resources, second to Venezuela.

The Senate in Abuja made a legislative move to include Nigeria in the $147 billion global bitumen market with the passage of a bill seeking the

A bill aimed at establishing a legal framework for the mining, production, and exportation of bitumen in the country successfully passed its

The Senate on Thursday sought the inclusion of Nigeria in the $147 billion global bitumen market with passage for a second reading.

Hence in this attempt at highlighting the good governance contributions of the 10th Senate so far, it is acknowledged that legislative outputs are only impactful if they are respected by the executive. By the constitution, the legislature is lacking in power and influence, particularly in the aspect of eliciting external compliance. This is common knowledge!

He noted that the impact of independent and dependent variables which should not be underestimated form the basis of strategy and innovation to achieve set goals. | Pulse Nigeria