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.

Yakub Ali-Agan     Sheu Ndanusa Usman     Abdullah Janet Amudat     Sebastine Obasi     Ogidi-Oloje     Lanre Issa-Onilu     Katibi Ibraheem Adeola     Afolabi-Oshatimehin Adenike Harriet     EndSARS     Abdulraheem Olesin     Aasiyat Bello Oyedepo     Oko-Olowo     Olohungbebe     Ilorin Like-Minds     Islamic Development Bank     NURTW     Medinat Folorunsho Salman     Mazars Consulting     Baba Idris     SSA Youth Engagement     Hassan Oyeleke     Saad Belgore     Abdulrazaq Adebayo     CCB     NIPOGA     NFAI     Guber Aspirant     Sulyman Abdulkareem     Bukola Saraki     Chief Imam Of Ilorin     Garba Ayodele Wahab     Onilu     AbdulRaheem Ahmad Shayi     AbdulGaniyu Kareem     Ayobola Ipinlaiye     Royal FM     Sheikh Ridhwanullah El-ilory     Dele Momodu     RTEAN     National Pilot     Oladipo Akanmu Tolani     Bareke     Suleiman Mora Omar     Ajidagba     Ridwan Agboola     Kamaldeen Ajibade     NaAllah     Omoniyi Ayinla     Alfa Yahaya Road     Abdulsalam A. Yusuf     Daud Adeshola     Oke-Ode     Mohammed Khadijat Kubura     Ubandawaki     AbdulRauf Keji     Hydro-electric Power Producing Areas Development Commission     Olaiya Zuberu     Simon Sayomi     Yusuf Abubakar     Firdaos Amasa     Wasiu Odewale     Abubakar Usman Jos     Rashidi Yekini     Dele Belgore     Femtech     National Association Of Nigerian Students     KWATMA     Yusuf Lanre Badmus     Olushola Saraki     N-Power     Yusuf Aiyedun     Idofin     Segun Olawoyin     Kwara Hotel     Adebara     AbdulRazaq Jiddah     Ile Arugbo    

Cloud Tag: What's trending

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

Yahaya Dumoye     Siddiq Adebayo Idowu Salawu     NURTW     Mahmud Ajeigbe     JAAC     Tafida Of Kaiama     NSCIA     Kwara Polytechnic     Abdulrahman Abdulrasak     Government Girls’ Day Secondary School Pakata     Ahmad Ali     Yashikira     Suwa-Arabs     Anilelerin     ENetSuD     Kawu     Ishola Moses Abiodun     Fatimah Abdulkadir     Abdulrauf Yusuf     Kale Ayo     Aasiyat Bello Oyedepo     Bayer AG     Edu     Amule Elementary School     Folorunsho Erubu     Salau Kabiru Abdullahi     Opobiyi     Shuaib Olarongbe     Irepodun     Post Utme     Iliasu     Plat Technologies Limited     Yemi Sanni     Hamidu Olowo     ITEM 7     Ayodele Shittu     Adijat Adebiyi     Owode Market     Hameed Oladipupo Ali     Balogun Ajikobi     Tuesday Assayomo     Oba Abu     Wakilin Mata Lafiagi     Aliyu Kora-Sabi     Afolasade Opeyemi Kemi     Odo-Owa     Fatimat Saliu     Sabi     Iponrin     Niguel Gallando Marcias     AbdulRahman Saad     Toyin Olayinka Tejidini     Onilorin Of Ilorin     Playing Host     Ekiti     Muhammad Ghali Alaaya     Samuel Olusegun Adedayo     Olofa Of Offa     Mohammed Alabi Lawal     Saheed Alakoso     Durosinlohun Atiku     Babajide Ajayi     Otuka     Tunji Ajanaku     Ahmed Dankaya     Yaman     Sheikh Ariyibi     Bamidele Adegoke Oladimeji     V.O. Abioye     MMWG     Jumoke Gafar     Paul Odama     Femi Gbajabiamila     Bolaji Abdullahi     Alimi Abdulrazaq     Ibrahim Oniye     Ophthalmological Society Of Nigeria