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.

Lasiele Alabi Yahaya     Ilorin Curfew     Ahmad Lawan     Standard Organization Of Nigeria     Tunde Kazeem     Doyin Group     Baboko     Saba Jibril     Balogun Gambari     Kayode Oyin Zubair     Timothy Akangbe     Bamidele Aluko     A.E. Afolabi     Simeon Sule Ajibola     Ashiru     Hakeem Lawal     Sunday Fagbemi     Raimi Iyanda     Dan Iya     CCEPE     Eruku     Ben Duntoye     Kunbi Titiloye     Jamiu Oyawoye     Kawu     Alloy Chukwuemeka     Jumoke Monsura Gafar     Olatunji Abdulmumeen     Bashir Adigun     Falokun-Oja     Saka Asiat Ayinke     Arinola Lawal     CKNG     Gobir Organization Foundation     Durosinlohun Atiku     Haashim Initiative For Community Advancement     Umar Adelodun     Mohammed Saidu     Shehu Adaramaja     Bilikisu Oniyangi     Abdul-Rahoof Bello     Turaki     Monthly Sanitation     Vasolar     Borgu     Ilorin Descendants Progressive Union     Mohammed Kamaludeen     Oniye     Split Diamond Interchange     Apaola     Amina Susa\'a De Ahmed     National Information Technology Development Agency     Oluronke Adeyemi     Abdulganiyu AbdulAzeez     Ilota     Abdulfatai Salman Baakini     Kwara Politics     Kwara State Branch Of The National Library     Ilorin     Saad Omo Iya     MalHub     Saadu Gbogbo Iwe     Ibikunle Ogunleye     Abubakar Imam     Yaman     Sarafadeen Kayode Akorede     Dankaka     Ifelodun     LABTOP     Moshood Mustapha     Umar Gunu     Abdulkareem Alabi     First Lady     Imam Gambari     Edu     Tuesday Assayomo     ITP    

Cloud Tag: What's trending

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

Doyin Awoyale     Saadu Yusuf     Saka Isau     Kulende     Kunbi Titiloye     Ministry Of Women Affairs And Social Development     United Nigeria Airline     Saliu Oluwole     Ajeigbe     Women For Change And Development Initiative     Omu Aran     Zulu Gambari     Yetunde Balogun     Saka Balikis Kehinde     Opolo Global Innovation Limited     Raimi Iyanda     Oluwarotimi Boluwatife Adenike     Gbugbu International Market     Flights To Ilorin     Joseph Yemi Ajayi     Aminu Ado Bayero     Mahmud Ajeigbe     Gafaru Olayiwola Olorisade     Tosin Saraki     Usman Rifun     Khadijat Ayoola Yusuf     Ishola Moses Abiodun     Jebba     Segun Olawoyin     Fola Consultant     Omu-aran     Kolade Solagberu     Ijagbo Health Centre     Aremu Odolaye     Zulkifli Ibraheem     Omotosho     Oluwatoyin Lukman     NIPR     Magaji Erubu     Segun Abifarin     Abubakar Abdullahi Bata     Ilesha-Gwanara     Olaitan Buraimoh     Alumni Association Of The Federal Polytechnic Offa     ASUU     Salman Jawondo     Abdul Jimoh Mohammed     Olugbense     Abubakar Lah     Unilorin FM     General Tunde Idiagbon International Airport     Onikijipa     CCEPE     Jide Oyinloye     Balogun Fulani     Olayinka Oladapo Jogunola     Hausa     Kunle Okeowo     Omar Gambari     Abdulkarim Adisa     Musa Ayinla Yeketi     Sabi     Afeyin-Olukuta     Centre For Peace And Strategic Studies     SSUCOEN     Yusuf Arowosaye     Ijakadi     Isau     Ganiyu Abolarin     Elerinjare     Col. Ibrahim Taiwo     Dauda Adeniran Adeshola     NITDA     Bola Iyabo Ibiyeye Adisa     S.O. Opowoye     Abdulazeez Uthman     SUBEB