Solid Minerals Devt: Gov Ahmed makes case for states

Date: 2016-03-16

Governor Abdulfatah Ahmed of Kwara State yesterday in Ilorin declared open an International conference of the Nigerian Mining and Geosciences Society with a call on the Federal Government to allow increased participation of state governments in the solid mineral sector, especially in exploration, collection of royalties, fees, fines and taxes accruable from solid minerals for more growth.

The state governor who stressed that the participation of all states of the federation had become imperative in order to stimulate more growth, increase their Internally Generated Revenue, and create critical jobs for youths.

According to the governor, "While we have a fairly accurate estimate of the mineral resources our country is endowed with; it is believed these barely scratch the surface of the vast mineral deposits in Nigeria. We must however acknowledge that mineral exploitation is expensive and time consuming.

"Certainly, the resources required are beyond the capacity of most states in the country. I therefore call for partnership between the Federal Government, and States for a survey of the quality and quantity of solid minerals in the country in order to build a geosciences database.

"In Kwara state, we are blessed with Gold, Kaolin, Marble, Dolomite, Tourmalines, Limestone and several other solid minerals which we are focused on exploiting to form the base for industrial development in the State.

"Likewise, in order to diversify our economic base through solid minerals, this administration has put in place strategies to formalize and grow the industry. "These strategies include: enumerating and regulating operators and growing micro-and small-scale operators in the sector amongst others".

Governor Ahmed also disclosed that plans were on top gear to organize informal mining sector into cooperative societies in order to give them access to Small and Medium Scale Enterprises (SME) loans. This, according to the governor is to encourage small business owners in solid mineral and mining sector.

"We have also set up the Midway Minerals Development Company Limited as a special purpose vehicle to acquire mining licenses and promote investment in the sector.

"Currently, we have five mining permits covering Four Hundred and Forty-Five cadastral units for mining Tourmaline, Tantalum, Dolomite and Marble.

"Additionally, we are ready to acquire additional licenses to further exploit opportunities in the sector and by forging partnerships with private sector investors".

The governor therefore, urged the society to utilize the opportunity of the conference to come up with recommendations on how the Federal and State Governments could reposition the solid mineral sector towards profitability and suitability.

The President, Nigerian Mining and Geosciences Society, Prof Gbenga Okunola had earlier in his remark said the theme of this year's conference was "Economic Diversification through Minerals Development.

Prof Okunola who stated that opportunities for investments in the solid minerals were enormous, appealed to the Federal Government to have clear strategy and appropriate strategy for each of the minerals type.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Simon Sayomi     Isiaka Abdulrazak     Aso-ofi     AGILE Programme     Offorjama     Quran     Olayinka Olaogun     Abubakar Baba Sulaiman     Basit Olatunji     Kayode Oyin-Zubair     Ahman Patigi     Bashiru Makama     Sarakite     Mohammed Abdulahi     Yusuf Amuda Abubakar     NIPR     Gobir     Isiaq Khadeejah     Ghali Alaaya     Maryam Nurudeen     V.O. Abioye     TESCOM 2025     Ibikunle Ogunleye     Summit University     Gani Saadu     Kale Ayo     Adamu Atta     CACOVID Palliatives     Bilikisu Gambari     Hamid Bobboyi     Mubarak Oladosu     Jaigbade Alao     Woro     Monsurat Omotosho     Medinat Folorunsho Salman     Amosa     Binta Abubakar-Mora     Sun Qing Rong     IHS     Ayoade Akinnibosun     Radio SBS     2017 Budget     Government House     Fawenu     Mashood Abdulrafiu Agboola     Rafiu Ibrahim     Muhammad Sirajo Aliyu     Omotoso Musa     Magaji Erubu     Cornelius Fawenu     Ubandoma Of Ilorin     Awoye     Pius Abioje     Saka Keji     Waziri Yakubu Gobir     Iyaloja-General     Tosho Yaqub     Muslim Media Watch Group Of Nigeria     Rafiu Olasile     Dankaka     Ahmed Ayinla Jimoh     Olatunji Ayeni     Ilorin Curfew     Afolabi-Oshatimehin Adenike Harriet     Yakubu Dogara     Kwara Teaching Service Commission     Balogun Ajikobi     NNPP     Fulani     Senior Special Assistant On Student Affairs     SDP     Mope Dasuki Belgore     Abdulrazaq Akorede     Emir Of Shonga     Just Event Online     Mahfouz Adedimeji     Bola Shagaya    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ibrahim Kayode Adeyemi     Women For Change And Development Initiative     Amusement Park     Saka Adeyemo     Aishat Mohammed Lawal     Simeon Sule Ajibola     Asiwaju Bola Tinubu     Radio SBS     Salman Suleiman     Habeeb Abdullahi Al-Ilory     Countryside Emerging Leaders Fellowship     Abubakar Ndakene     Yemi Osinbajo     Roheemat Hammed     Presidential Election     Busari Toyin Isiaka     Mohammed Saidu     IFK     TIIDELab     Gaa Olobi     Mumeen Lah     Kwara 2023     Mohammed Katsina Ahmed     Laolu Saraki     Sarakite     Charcoal     Gbenga Adebayo     Abubakar Abdulraheem     Abdulfatai Baakini     Gambari     AbdulGaniyu Kareem     Ogbondoroko     Wasiu Odewale     Kannike     Saliu Ajia     High Court     Alliance For Democracy     Mohammed Yisa     Tinubu     Galadiman Ngeri     Sobi FM     Samuel Adedoyin     Gani Saadu     Madawaki     Osinbajo     Ilorin Descendants Progressive Union     Ebun-Olu Adegboruwa     Maigida Soludero Transit     Agor Market     Medview Airlines     Chartered Institute Of Personnel Management Of Nigeria     Abikan     Lanre Issa Onilu     Ballah     Abdulrazaq Adebayo     Yahaya Oloriegbe     Elelu     Abubakar Olusola Saraki     Communication Network Support Services     Association Of Kwara State Online Media Practitioners     Trade Lenda SME Fair     Samuel Adaramola     Baba Adini Of Kwara State     Oba Abdulkadir La\'aro     Haruna Olawale Sulaiman     Police Commissioner     Temitope Ogunbanke     Balogun-Ojomu     Saudat Abdulbaqi     General Hospital, Ilorin     Orisun Igbomina     Valsolar     Makama     Offorjama     Lateef Fagbemi     Alao Ayotunde     Bilikisu Gambari