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How solid minerals will promote climate change in Nigeria –Minister

Dr. Oladele Alake, Honourable Minister for Solid Minerals Development (2nd right); Mr. Dele Ayanleke, National President, Miners Association of Nigeria (1st right); Mr. Ime Ekrikpo, Director Investment Promotion Dept (2nd left); and Representative of VUKA Group & Price Waterhouse Coopers      Photo: State House

*Dr. Oladele Alake, Minister for Solid Minerals Development, says the Federal Government is committed to formulating requisite policies to sanitise and rejig the regulatory framework towards making it more conducive for local and foreign investors to play in the sector of economy

Isola Moses | ConsumerConnect

The Federal Government has reaffirmed its decision to diversify from hydrocarbon to making the minerals sector major contributor to Nigeria’s Gross Domestic Product (GDP) is a contribution to climate change.

Dr. Oladele Alake, Honourable Minister for Solid Minerals Development, dropped this hint when he received a delegation of the Miners Association of Nigeria, led by Mr. Dele Ayanleke, National President of the Association.

Alaba Balogun, Head of Press and Public Relations, Monday, October 9, 2023, stated the delegation comprised representatives of the VUKA group, co-organiser of the forthcoming Nigeria Mining Week and Price Waterhouse Coopers, a foremost accounting firm.

Commending the Association for its suggestive recommendations and consistent role in organising the Mining Week, the Minister’s Spokesperson disclosed Dr. Alake said Nigeria had been operating mono- cultural economy for long, noting that the shift to solid minerals is overdue.

The Minister stated: “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.”

Alake also emphasised the Ministry is committed to making requisite policies that would sanitise and rejig the regulatory framework and to make it more conducive for local and foreign investors to play.”

On the incursion by the second tier of government into mining, he stressed the Federal Government would engage states and local councils to resolve related issues within the ambit of the law.

He further spoke on securing the mining sector environment for maximum yield to the Federal government.

Alake revealed that high-end technology would be deployed, coupled with inter-agency taskforce to arrest the menace completely.

The Minister solicited partnership with the Miners Association of Nigeria to strengthen capacity in this regard for the growth and repositioning of the sector of the economy.

In his earlier remarks, the statement noted Mr. Dele Ayanleke, National President of Miners Association of Nigeria, in a vote of confidence, expressed absolute confidence, that the seven-point agenda the Minister of Solid Minerals has unveiled under the Renewed Hope agenda of this present administration would consolidate and enhance  the sector for maximum contribution to national development.

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