On June 6, 1988, Barangay Poblacion was divided into two through the initiative of late Municipal Councilor Modesto A. Zepeda during the incumbency of then Mayor Silverio F. Quiñones Jr. (2020)[5] Share (2020) (2010)

Coconut by-products such as brooms, baskets, charcoal and even soap making are the traditional sources of income of the people.

Pineapple, which lately bloomed in production due to the government assistance on crop loan, has made farmers to plant most of the coco-based areas.

The present livestock production is primarily on small-scale basis with mostly backyard farming except those who produce broilers, which range from 100 to 300 birds.

Pest and diseases often attack the birds, thus dwindle the stock and produces low quality chickens.

Likewise, fishermen themselves could directly market their catch to Manila and command a higher price without so much cost on fuel.

Basud, the gateway to the province of Camarines Norte has plenty of natural scenic spots which are comparable to other places.

It has tranquil beaches like the Mangcamagong and Taba-taba, fresh and alluring waterfalls like San Pascual Falls and other awesome landmarks like Pinaglaban Shrine which symbolizes the Basudeños values of heroism, love of country and bravery.

Other equally important sceneries both God-given and manmade like the Little Tagaytay Resort which is fast becoming haven to local and foreign tourists.

The municipality is rich in mineral resources such as diatomaceous earth (DE) or commonly called white clay.

The Bactas River located in Pagsangahan and Oliva is a source of mixed gravel and coarse aggregate.

Before the Spanish conquistadores came to invade the place, the natives of Basud were living in clusters along deltas separated by creeks.

Much to say that people in this place had their own distinct culture and civilization before they built their houses, mold their families, established a community and settled for a living.

With respect and modesty, there were families and inhabitants of Basud who were amusingly known by their aliases and related to coconut like the "Lunok", "Lukad", "Bunot", "Guta", "Bukhayo", and the well known "Buko-King.

This festival will vibrate the symbol of cultures, actions character and solidarity of the people how they dwelt in the place since the early times, now and the future.

While sea transport is being used by the municipality's two coastal barangays, namely: Taba-taba and Mangcamagong, they often use during summer as an alternative route to the fishing town of Mercedes.

The Mangcamagong provincial road has a total length of 9.46 kilometers, stretching from the municipal boundary of Basud and Mercedes to the junction of Maharlika highway.

To cope with the consumption demand especially during summer, the CNWD has constructed an elevated water tank with a capacity of 200 cubic meters and implementing the “Tubig ng Buhay, Hatid sa Barangay” program.