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.

Abubakar Olusola Saraki     Mohammed Kamaludeen     Risikat Lawal     Ibrahim Labaika     Hassan Saliu     Monthly Sanitation Exercise     Ajike People Support Centre     Michael Nzekwe     New Nigeria People’s Party     Metro Park     Abatemi-Usman     Assayomo     Kwara State Coalition Of Business And Professional Associations     Opobiyi     Offa Poly     Kayode Laro     College Of Health     Offorjama     Adeniyi Ojo     Muyideen Ajani Bello     Kwara Central     Sheikh Alimi     AGM Professional Services     Valsolar Consortium     Apata Ajele Secondary School     Abubakar Abdullahi Bata     Prince Sunday Fagbemi     Rueben Parejo     T And K FOODS     Mashood Abdulrafiu Agboola     IQRA College     Olokoba Abdullahi Ayinla     Dan Masanin     Ayedun     Ajidagba     Lanre Issa Onilu     Quran     Adeola Abraham     Modupe Oluwole     NFAI     David Oyerinola Adedunmoye     Omotoso Musa     Bankole Omishore     Bayo Ojo     Kazeem Oladepo     Kayode Zubair     Nigerian Army     LAK Jimoh     Musa Yeketi     Bello Bature     Issa Manzuma     Simeon Sayomi     Isiaka Alikinla     Jawondo     Kunle Okeowo     GGDSS Pakata     Salihu Ajia     Obuh     Sarkin Malamai     Olusin Of Ijara Isin     Democracy Day     Kamoru Kadiri     Ibrahim Sulu Gambari     Omotoso     Olatunde Olukoya     Adedipe     Magaji Nda     Kwara University Of Education     Adedayo Yusuf Abdulkareem     Olokoba Sulyman     Ajuloopin     Sam Okaula     Kwara     Olatunji Abdulmumeen     Abiodun Oyedepo     Dan Iya Of Ilorin     Segun Abifarin    

Cloud Tag: What's trending

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

Bamidele Aluko     Rafiu Ibrahim     Laboratory-to-Product     Saliu Mustapha     HYPPADEC     Government Girls’ Day Secondary School Pakata     Tanke Road     High Court     Galadiman Ngeri     CLAY POT     Gani Saadu     Omotoso Musa     Doyin Awoyale     KWIRS     Okanlawon Taiwo     Valsolar Consortium     N-Power     Kunle Okeowo     Anilelerin     Bashirat Bola Bello     Moronfoye     John Kehinde Salako     Offa     Just Event Online     Baba Issa     Amusement Park     PharmAccess Foundation     Titus Suberu-Ajibola     Idofin     Olatunde Olukoya     Adekunle David Dunmade     Mahe Abdulkadir     Olatinwo     Saudat Abdulbaqi     Taofik Mustapha     Fatai Olodo     College Of Health     Riskat Opakunle     Solomon Edojah     MMWG     Jimoh Bashir     Saidu Isa     Dan-Kazeem     Aisha Abodunrin Ibrahim     Theophilus Oyebiyi     COVID-19 Palliatives     Clara Nwachukwu     NNPP     Earlyon Technologies     Emir Of Lafiagi     11th Galadima     Idowu Aremu     Tsado Manman     Alore     Ayobami Seriki     Oloye     Kwara State Infrastructure Development Fund     Mansur Alfanla     Oyeyemi Olasumbo Florence     Salaudeen Oyewale     Michael Nzekwe     FOMWAN     Eleyele     Share     Dauda Adeniran Adeshola     Vasolar Consortium     Ijakadi     Amuda Bembe     Harmony Holdings     Jeunkunu-Malete-Bani     International Public Sector Accounting Standards     Special Agro-industrial Processing Zone     Omu-aran     Arandun     Muhammed Taofeeq Abdulrazaq     Col. Ibrahim Taiwo     Bola Sagaya