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.

Mary Arinde     Eleyele     Umar Yakubu Jaja     Law School Scholarship     Computer Based Test     Afolabi-Oshatimehin     Abdulkadir Orire     Aliyu Alhassan     Abdulrasaq Alaro     Hameed Oladipupo Ali     Mope Dasuki Belgore     Salihu Alhaji Musa     AbdulRauf Keji     Okoolowo     Najim Yaasin     Oko-Erin     Saadu Yusuf     Fatimat Saliu     Ahman Pategi     GANZY     Garuba Alikinla Shittu     Memunat Monsuma     11th Galadima     College Of Education     Sarakite     Gbemisola Oguntimehin     Olaosebikan     Olumide Daniel Ibitoye     Omoniyi M. Ayinla     Musbau A. Akanji     Towobola Abdulrahman Toyin     Sunday Otokiti     Oluronke Adeyemi     Senate Presidency     AGF Abdulrazaq     Saliu Shola Taofeek     Abioye Bello     Ahmad Uthman     All Confederation Of Principals Of Secondary Schools     Zubair Folorunsho Erubu     Adamu Ibrahim Sabi     Oba Abu     Usman Rifun     Olukotun Of Ikotun     Nagode     Gbajabiamila     Universal Basic Education Commission     Kwara Hotel     Ibrahim Labaika     Mohammed Jimoh Faworaja     IYA YUSUF     Ezekiel Yissa Benjamin     Kwara State Government     Bashir Badawi     Mansur Alfanla     Kola Adesina     EFCC     Daud Adeshola     Prince Sunday Fagbemi     Vasolar     Joshua Adeyemi Adimula     Radio SBS     Egbejila     Prince Mahe Abdulkadir     Yusuf AbdulRasheed     Olatunji Abdulmumeen     Kolo     Roseline Oni Aremu     Oniyangi Kunle Sulaiman     Sarah Alade     AGILE Programme     IFK     Olatunde Jare     Idowu Laro     Senate     Ajasse-Ipo     Grillo    

Cloud Tag: What's trending

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

Sarkin Malamai     Quareeb Islamic Association     Abdulganiyu Oladosu     Kishira     Communication Network Support Services     Abdulrasaq Alaro     Isiaka Oniwa     Federal Road Maintenance Agency     Mufutau Olatinwo     Afonja Descendants Union     Sanitation Exercise     Yusuf Abdulwahab     Kayode Yusuf     Centre For Peace And Strategic Studies     Aisha Ahman-Pategi     AbdulRahman Saad     Kola Olota     Makama     Ilorin Water Reticulation     Busari Alabi Alausa     Young Progressives Party     Talaka Parapo     Imam Gambari     Yekeen Alabi     Kunle Suleiman     Gurei     Haliru Dantoro     Isiaka Abdulrazak     Medview Airlines     Idowu Aremu     Yahaya Abdulkareem Babaita     Azeez Bello     AbdulQowiy Olododo     Alapansapa     Kwara United     Oyedepo     Majlis For Sadakah, Zakat And Waqf     Harmony Holdings     Kamaldeen Ajibade     TESCOM     M.Y. Abdulrahaman     Salihu Yahaya     Amina El-Imam     T And K FOODS     Smart School     Ezekiel Yissa Benjamin     International Vocational Centre     Radio SBS     Bolaji Aladie     Yusuf Ali     Arandun     Offa Grammer School     Abubakar B.M     Musa Yeketi     Ahmed Bolaji Nagode     Bibire Ajape     Kwara State Printing And Publishing Corporation     Mahmud Durosinlohun Atiku     Abdulganiyu Salahudeen     Ahmad Olayiwola Kamaldeen     Kwara Liberation Group     Face Masks     Grillo     ER-KANG Mining Nigeria Company Limited     Pakata Development Association     Junior Secondary School Certificate Examinations     Idofin     Sodiya     Rice Farmers Association Of Nigeria     Lanre Aremu     Yusuf Lanre Badmas     Muslim Cementary     Asiwaju Bola Tinubu     Alabi Olayemi Abdulrazak     Opobiyi     Abatemi Usman     ER-KANG Mining