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.

Government Girls’ Day Secondary School Pakata     Ubandoma     Abdulsalam Firdaous Amosa     Onilu     Dar-Al-Handasah Consultants Ltd     Jamila Bio Ibrahim     Transition Implementation Committee     Gbenga Olawepo     New Model Police Station     Olohungbebe     Dagbalodo     Guber Aspirant     Oko Erin     Gamji Members Association     Tunji Oyawoye     Arinola Fatimoh Lawal     Erubu     Saduki Lafiagi     Saad Omo\'ya     Ahmed Bayero     Isau     College Of Health     Ahmed Saidu Rufai     Muritala Olarewaju     Henry Olaosebikan     Hussein Olokooba     Kale Kawu     Kuliyan Geri     Offa Metropolitan Club     IF-K     Ramat Oganija     Alimi     University Road     Alikinla     Yusuf AbdulRasheed     Kayode Oyin Zubair     Ebun-Olu Adegboruwa     Femtech     Mary Arinde     Moses Adekanye     AbdulRaheem Ahmad Shayi     Otoge     Revenue Court     Olaiya Victor Mobolaji     Ilorin.Info     Umar Yakubu Jaja     Abdullahi G. Mohammad     Age AbdulKareem     COVID-19 Palliatives     Gbugbu International Market     JSSCE     Saraki     Tanke Flyover Bridge     Benin Republic     Adekunle David Dunmade     Mufutau Gbadamosi Esuwoye     Kwara     Aminu Ado Bayero     Special Agro-industrial Processing Zone     Association Of Kwara State Online Media Practitioners     Bayer AG     Ajike People Support Centre     Abdulwahab Olarewaju Issa     Sam Okaula     Yusuf Lanre Badmus     Atunwa     Saba Mamman Daniel     Arinola Lawal     Babs Iwarere     Adeleke Ogungbe     Iyabo Adewuyi     Tunji Arosanyin     FERMA     Gbemisola Oguntimehin     Ilorin East     Tanke Road     Christopher Ayeni    

Cloud Tag: What's trending

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

ER-KANG Mining Nigeria Company Limited     Lithium Deposit     Ndakene     Baaziki Sulaiman     Mope Dasuki Belgore     Segun Abifarin     COVID     Irepodun     Coronavirus     NIPOGA     Halimat Yusuf     Law School Scholarship     Adewuyi Funmilayo     Lukman Adeloyin     Hamidat Sulyman-Yusuf     Elections     Onilupeju Of Ilupeju     TETFUND     Abdul-Rahoof Bello     Abdullahi Biffo     Mahe Abdulkadir     Kamaldeen Kehinde     MalHub     Isau     Abdulmalik Bashir Mopelola Risikatullahi     Kwara Coalition Of Business And Professional Associations     Plat Technologies     ASKOMP     James Kolo     Shaykh Luqman Jimoh     Kwasu     International Vocational Centre     Senate Presidency     Oke-opin     Abdulrahman Abdulrazak     Tunji Folami     Abdulrahman Abdullahi Kayode     Imam Gambari     Nigerian Supreme Council For Islamic Affairs     Temi Kolawole     Sulyman Abdulkareem     Abdulganiyu AbdulAzeez     Shehu Jimoh     Alao Ayotunde     Wahab Olasupo Egbewole     Lanre Olosunde     Fatai Adeniyi Garba     Bello Bature     John Dara     Reuben Paraje     Muideen Olaniyi Alalade     Mashood Abdulrafiu Agboola     United Nigeria Airline     Kaiama     Sa\'ad Alanamu     Jimoh Bashir     Kulende-UITH     Unilorin FM     Kale Kawu     Kwara State Printing And Publishing Corporation     Kaosarah Adeyi     Muhammed Akanbi     Ilorin West/Asa Federal Constituency     Shagari     Lola Ashiru     Owu Fall     Ilorin West     Bank Of Industry     Abikan     LABTOP     Abegunde Goke     PPS     Moshood Bakare     Ben Duntoye     Ibrahim Kayode Adeyemi     Mogaji Aare     Igbaja