FG approves new policy on local production of bitumen - Vanguard News

FG approves new policy on local production of bitumen vanguardnews

The Minister of Works and Housing, Babatunde Fashola, disclosed this at the end of the Council meeting which lasted for over eight hours.He said the policy was approved to develop strategies to enhance, stimulate, and encourage local production of bitumen in the country.He expressed optimism that the policy, when fully operational, would enable the country save millions of dollars from importation of bitumen, which is a raw material used in road construction, worldwide.

“So, we expect the Nigerian entrepreneurial community to now respond to all of the existing government policies for setting up businesses and embracing this policy as part of ways to develop our made-in-Nigeria capacity,’’The Minister of Finance, Budget and National Planning, Zainab Ahmed, also revealed that the Council approved a variation of 18.12million dollars and additional N3.25billion for the supply and installation of three numbers Rapsican mobile Cargo Scanners.

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