The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved a new policy on local production of bitumen to further diversify the nation’s economy. He said the policy was approved to develop strategies to enhance, stimulate, and encourage local production of bitumen in the country. “Essentially, that policy recommendation was approved by the council today to encourage bitumen production locally in Nigeria. The minister, therefore, called the private sector to take advantage of the new policy by investing heavily in a local production of bitumen. He said: “Our ministry is now developing a design manual for rock and stone in road construction in the country.

Source: Nigerian Tribune July 22, 2020 20:37 UTC