A Bill for an Act to Provide a Policy Framework for the Development of the Bio-Fuels Energy Industry in Nigeria; Establish the Bio-Fuels Energy Regulatory Commission; Establish the Bio-Fuels Research Agency; and for Related Matters

Abstract

This Bill seeks to provide for the bio-fuels energy development policy, the establishment of the Bio-fuels Energy Regulatory Commission and as well the Bio-fuel Research Agency for the purpose of developing and utilizing bio-fuels for automotive and other uses in Nigeria. It also seeks to amend the Petroleum Technology Development Fund Act to ensure the transfer of funds from the Petroleum Technology Development Fund to the Bio-fuels Research and Development Fund.