Kwara Moves To Acquire Mining Sites, Registers 5 SPVs

Date: 2024-01-30

The Kwara State Government has registered five special purpose vehicles (SPVs) as part of moves to acquire viable mining sites and make the state a major producer of solid minerals in Nigeria.

The state governor, AbdulRahman AbdulRazaq, disclosed this in Ilorin, the state capital, on Wednesday.He said each of the 16 local government areas of the state is blessed with abundant viable mineral resources and in commercial quantities, inviting investors to tap into the natural endowments.

AbdulRazaq spoke at the 5th Annual Conference of the National Council on Mining and Mineral Resources Development (NCMMRD) holding in Ilorin, which draws delegates from across the 36 states of the federation.

“We plan to establish a standard mineral market in the state, where all minerals mined from our State will first be registered here before they are transported to other places,” he said.

The governor commended the choice of Kwara to host the council meeting, hoping that resolutions reached at the end of the meeting will rev up development in the sector.He thanked President Bola Ahmed Tinubu for the bold investments to diversify the economy.

“The need to diversify the economy and harness potentials in the solid mineral and other sectors cannot be overemphasized. The excessive reliance on oil has proven to be unhelpful for our country, and I'm glad we appear to have learnt our lessons.

“I appeal to the Honourable Ministers present, the DG MCO, DG NGSA to give us all necessary assistance to actualise our dream of becoming a major solid mineral producing state in the country,” he added.

In his remarks, the minister of State for Mines ans Steel Development, Uba Maigari, said steel is the backbone of modern infrastructure and the foundation upon which other sectors thrive, adding that the industry is key for job creation, community empowerment, and diversification of the economy.

Despite the fact that the sector is facing hurdles ranging from aging infrastructure to an uncertain global market, the challenges are an invitation to innovate, collaborate, and think beyond the ordinary, Maigari said.

“That is why I am here today to call on all of you — miners, manufacturers, investors, policy makers, researchers, citizens and businessmen alike — to join hands in a national mission to revitalize our steel industry,” Maigari added.Earlier, the Kwara State commissioner for Solid Mineral Development, Abdulqowiyu Olododo, had said the state government was collaborating with security agencies to ensure the safety of investors within the Kwara borders.

“I use this opportunity to convey to our esteemed guests that we are wholeheartedly committed to the advancement of solid minerals, thereby harnessing the economic potentials of valuable minerals such as gold, tantalite, and lithium, which are abundant in our state,” he said, adding that “a framework is in place to facilitate works in the state without encroaching upon the existing Federal Mining Act.”

Source

 

Cloud Tag: What's trending

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

Roheemat Hammed     Shonga Farm Project     Ambassador Kayode Laro     Abdullah Janet Amudat     Abdulwahab Ololele     Valsolar     Yakubu Danladi     Mohammed Tunde-Jimoh     Hussein Oloyede     AGF Abdulrazaq     Abioye Bello     Standard Organization Of Nigeria     Elese Of Igbaja     Mohammed Abdulahi     Gabriel Fashanu     Awwal Jawondo     Oba Of Jebba     Illyasu Abdullahi     Bola Sagaya     Ohoro Of Shao     Basic Education Certificate Examination     CCEPE     Lai Mohammed     Split Diamond Interchange     Babatunde Ajeigbe     Musa Alhassan Buge     Galadima     Junior Secondary School Certificate Examinations     Alao Ayotunde     Ilorin Muslim Community     Nigeria Foundation For Artificial Intelligence     Abdulmumini Sanni Jawondo     SSUCOEN     Razaq Atunwa     Isiaka Saka Opobiyi     Tsaragi-Share     Basit Olatunji     Baboko     Kale Kawu     Laolu Saraki     Segun Olawoyin     Abatemi Usman     Yemi Sanni     Sarafadeen Kayode Akorede     Abdullahi Atanda     Aisha Ahman Pategi     Reuben Paraje     Nigerian Correctional Service     Alagbado     Hamidat Sulyman-Yusuf     JAMB     Temi Kolawole     Jumoke F. Ajao     Oro Grammar School     United Nigeria Congress Party     Binta Abubakar-Mora     International Public Sector Accounting Standards     All Peoples Party     Ibrahim Taiwo     Niyi Ogundiran     Lawyers Unite Against Corruption     Abdul Jimoh Mohammed     Amosa     Ahmed Alhasssan     Mahmud Ayinla Giwa     Bola Olukoju     Fatimoh Lawal     Saad Omo Iya     Tope Daramola     Shehu Alimi Foundation     Ajakaye     Kamaldeen Gambari     State Bureau Of Internal Revenue     Salman Suleiman     Babatunde Ishola Babaita     Nnazua     Kehinde Baale    

Cloud Tag: What's trending

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

Ahmad Fatima Bisola     Rasheed Jimoh     Hassan Taiye Salam     Baruba     Pakata     Kwara State Football Association     Musa Ayinla Yeketi     Igbaja     Prince Bola Ajibola     Simeon Ajibola     Olatunde Michaels     Abiodun Jacob Ajiboye     Press Release     Bisi Kristien     TVC Female National Debate     Moji Makanjuola     Yunus Oniboki     Y.A. Abdulkareem     Mashood Abdulrafiu Agboola     Jimoh Bashir     Ayinke Saka     Joana Nnazua Kolo     Oniyangi     Wole Oke     Diagnostic Centre     Bamidele Adegoke Oladimeji     Saka Aleshinloye     Kale Kawu     Wahab Abayawo     Mahmud Babatunde Baker     Mustapha Olanipekun     Abdullahi Biffo     Sa\'adu Salahu     Kuliyan Geri     Najim Yaasin     March 28     11th Galadima     Abdulganiy Abimbola Abdussalam     Abiodun Oyedepo     Yusuf Mubarak     QuickWin     Aisha Ahman Pategi     Ilorin.Info     Kwara State Governor     Aisha Ahman-Pategi     Mufutau Gbadamosi Esuwoye     College Of Health     Abdulmumini Jawondo     Lateef Alagbonsi     Abdullahi Saadudeen Alikinla     AbdulRasaq Abdulmajeed Alaro     Balogun-Ojomu     Roheemat Hammed     Olayinka Jelili Yusuf     Opobiyi     Yahaya Seriki Gambari     Ridhwanullah Al-Ilory     Senior Ibrahim Suleiman     Bolaji Aladie     Kisira     Mufutau Olatinwo     Kamaldeen Kehinde     Alfa Belgore     Taofeeq Olateju     Oluronke Adeyemi     Isiaka AbdulRazaq     Shettima     Muritala Olarewaju     Kehinde Baale     Amusement Park     Budo-Egba     National Information Technology Development Agency     Jawondo     Moshood Kashimawo Abiola     Afetu Of Alabe     Valsolar     Oba Abdulraheem