Solid minerals will promote climate change - Alake
Business
OLADELE Alake, minister of Solid Minerals Development, has reaffirmed that the decision of the federal government to diversify from hydrocarbon to making the minerals sector major contributor to Nigeria’s gross domestic product (GDP) is our contribution to climate change.
Alake dropped this hint when he received a delegation of the Miners Association of Nigeria, led by their National President, Dele Ayanleke. The delegation comprised representatives of the VUKA group, co- organizer of the forthcoming Nigeria Mining Week and Price Waterhouse Coopers, foremost accounting firm.
While commending the association for it’s suggestive recommendations and consistent role in organizing the Mining Week; Alake stated that Nigeria has been operating mono- cultural economy for long noting that the shift to solid minerals is overdue.
He said: ”our vision is to make solid minerals our pride, a major contributor to Nigeria’s gross domestic product. We will diversify from oil, to exploit it for survival of Nigeria. This is our own contribution to climate change.”
To this end, the Minister emphasized that the Ministry is committed to making requisite policies that will sanitize and rejig the regulatory framework and to make it more conducive for local and foreign investors to play”.
On the issue of incursion by the second tier of government into mining, Alake stressed that the Federal Government, will engage the state government and local government with a view to resolving surrounding issues within the ambit of the law.
On securing the mining sector environment for maximum yield to the Federal government, the Minister revealed that high end technology will be deployed coupled with inter-agency taskforce to arrest the menace completely. He therefore, sought partnership with the Miners Association of Nigeria to strengthen capacity in this regard for the growth and repositioning of the sector.
In his earlier remarks, Dele Ayanleke, national president of Miners Association of Nigeria, in a vote of confidence, expressed absolute assurance that the seven point agenda unfolded by the minister of Solid Minerals under the renewed hope agenda of this present administration will consolidate and enhance the sector for maximum contribution to national development.
A.
-October 09, 2023 @ 18:59GMT |
Related Posts
Zenith Tech Fair 4.0 ends on a hifg as hackathon winners get 77.5m cash reward
A total sum of N77.5 million in prize money was won at the end of a keenly contestedhackathon session at...
Read MoreBoI raises $5bn, plans N120bn MSME support
THE Managing Director of Bank of Industry (BoI), Mr Olasupo Olusi, says the bank has raised over $5 billion from...
Read MoreCost of training in aviation to rise – AYEP Founder
THE Convener of the Aviatrix Youth Empowerment Programme (AYEP), Mrs Victoria Adegbe, has said that the cost of training dispatchers,...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.