The Speaker of the House of Representatives, Hon. Abbas Tajudeen has sought the full intervention of President Bola Tinubu on solid minerals and power sectors for Nigeria’s economic diversification.

The Speaker made this call on Thursday during a special joint sitting of the National Assembly with the President to mark the 2025 Democracy Day.

Acknowledging the remarkable progress made, Tajudeen commended President Tinubu for his political-will in removing the fuel subsidy and allowing naira to float.

Tajudeen therefore, called for an equally decisive intervention in Nigeria’s power sector to transform the entire value chain.

He said, “While progress is evident, it is time to wave your magic wand once more to break the cycle of under-performance by shifting from an over-reliance on thermal and hydroelectricity to a diversified energy mix.

“We must embrace renewable and clean energy sources, such as solar, wind and even nuclear, to ensure a reliable and sustainable national grid.”

Speaking on the significance of developing the solid minerals for economic diversification, the Speaker said, “While we have some existing geological data, it lacks the precision and quality needed to support large-scale exploration.

“To complement executive actions, the House of Representatives will immediately commence an urgent review of the 2007 Mining Act.

“This is to allow sub-national entities to operate within the profitable limits of the law while enhancing oversight and mitigating security risks.

“If pursued with discipline and clarity, these reforms will position solid minerals as a strategic pillar of our national economy.”