• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Features FG And States Can Collaborate On Solid Minerals Development
  • Features

FG And States Can Collaborate On Solid Minerals Development

By
Iliya Rhoda Ishaku
-
January 15, 2016
The Minister of Solid Minerals Development Dr Kayode Fayemi disclosed that States are not prohibited from engaging in joint venture in the development of solid minerals in the country. He said there is need for the Federal government to partner with the states to achieve greater efficiency in the sector, adding that the law provides for community involvement in the sector.
The Minister made the statement while meeting with officials of the Miners Association of Nigeria (MAN) who paid him a courtesy call.
Dr. Fayemi said the FG is willing to work with states, mining communities, foreign investors, financial institutions, World Bank among others to turn around the solid minerals sector for wealth and job creation for national development.
He noted that government was aware of the various challenges facing the sector and the Ministry is strategizing on how to turn the abundant opportunities in the sector into wealth for the country.
He called on members of MAN to support and collaborate with the government to achieve desired goals.
The President of MAN, Alhaji Shehu Sani while presenting a position paper of the Executive Council of MAN said the association is ready to contribute their quota in the development of the sector in Nigeria.
Alhaji Sani enumerated the challenges facing the sector to include among others lack of insufficient funding, inadequate geological bankable data, unskilled labour, multiple taxation and hostilities of mining communities, inadequate infrastructure and artisanal operations which contributes to 90% of mining operations.
He expressed the concerns of the Association that the sector contributes less than 1% to the GDP of Nigeria despite the abundance of solid mineral deposit in the country. The Association is also dissatisfied over activities of informal operators whose activities are not properly captured in the nation’s economic indices hence leading to the loss of huge revenue to the government.
The Association proposed some solution to the challenges facing the sector such as provision of adequate funding for the Solid Minerals Development Fund, improvement in geological and bankable data, human capacity development, decentralisation of mining cadastral office and development of necessary infrastructure, among others.
 
 
Iliya Rhoda Ishaku
For:  Deputy Director (Press)
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
Previous articleAGF Charges Anan Research Committee On Scientific Solution To Corruption And Unemployment
Next articleLabour Minister Lauds Nurtw, Says Road Transport Pivotal To Nigerian Economy
Iliya Rhoda Ishaku
Iliya Rhoda Ishaku
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Improving Nigeria’s Digital Safety Through Customs–NCC Synergy

African body, experts urge leaders to step up countries’ health financing

Minister of Works, Sen. David Umahi

Rufai vs Umahi: “Were Lanfi Wo Were” When Ego Overshadows Professionalism By Haroon Aremu

A Warning to Senator Ted Cruz by Chief Femi Fani-Kayode

Nigerian Youths

Foreign Hands and the Dangerous Narratives Hurting Nigeria, By Mukhtar Ya’u Madobi

Guests at IPRA Conference in Ghana

TRAVELOGUE: Of a Roadside Presidential Office, a Wise Driver and 3 Days in Ghana

Bauchi’s Investment Summit: Heralding a New Era of Prosperity, By Lawal Muazu Bauchi

Mental Health

Nigeria’s Silent Epidemic: Why Mental Health Can No Longer Wait By Hadiza Isyaku Abdulsalam

Governor Duoye Diri

UNILAG to Honor Bayelsa Governor Douye Diri, Launches Professorial Chair on Good Governance

The Silence Over the Lagos Five: A National Tragedy Ignored By Hawwah A. Gambo

Minister of Innovation, Science and Technology, Mr. Uche Nnaji. PHOTO: X | @chiefuchennaji

Alleged Certificate Forgery: Why Uche Nnaji Must Resign or Get Fired Immediately

GWA Award Winners 2025

PHOTOS: Nigeria Customs, IMPR Bag Back-to-Back Golden World Award at IPRA 70th Anniversary

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • NAF Invites Applications for Airmen, Airwomen Recruitment 46/2025
  • Bilyaminu Bello’s Family Condemns Presidential Pardon for Maryam Sanda, Cites “Inexorable Pain”
  • Kano Police Bust Armed Robbery Syndicate, Arrest 9 Suspects, Recover Weapons
  • Improving Nigeria’s Digital Safety Through Customs–NCC Synergy
  • Kwara Gov’t Disburses N180 Million to Families of Fallen Forest Guards, Vigilantes, Community Fighters
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NAF Invites Applications for Airmen, Airwomen Recruitment 46/2025Bilyaminu Bello's Family Condemns Presidential Pardon for Maryam Sanda, Cites "Inexorable Pain"Kano Police Bust Armed Robbery Syndicate, Arrest 9 Suspects, Recover WeaponsImproving Nigeria’s Digital Safety Through Customs–NCC SynergyKwara Gov't Disburses N180 Million to Families of Fallen Forest Guards, Vigilantes, Community FightersDSS Warns Public Against another Dismissed Officer Impersonating AgencyTrump Arrives in Israel Ahead of Egypt Summit on Gaza Peace EffortsInformation Minister Congratulates Danlami Nmodu on Election as GOCOP PresidentFCT Police Raid Criminal Hideouts, Arrest 52 SuspectsPolice Reform Deepens as NASS Okays 2 Landmark Bills to Strengthen ForceAfrican body, experts urge leaders to step up countries' health financingSoldier, Wife Found Dead at Wawa Cantonment as Army Orders InvestigationGen. Irabor’s Book Exposes Boko Haram’s Sexual Violence Tactics and Drug UseIGP Reassigns Senior Police Officers to FCT, Kogi Commands Pending PSC ApprovalArmy Eliminates Wanted IPOB Commander, 26 Others, Rescue Hostages in Nationwide Operations
X whatsapp