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Alake Canvasses Support For Local Value Addition In Mineral Sector

todayMarch 19, 2024 13

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Minister for Solid Minerals Development, Dr Dele Alake has canvassed for legislative support to entrench local value addition in the mineral sector.

Dr Alake stated this when he hosted members of the House Committee on Solid Minerals led by its Chairman, Jonathan Gbefwi during an oversight visit to the Ministry in Abuja.

He emphasized that the assistance would generate massive employment and beneficiation to mineral endowed communities.

The Minister who explained that value addition and mineral processing was a key point of the Ministry’s 7 point agenda, stressed that it would offer enormous benefits to a mineral endowed country like Nigeria by providing jobs and maximizing natural resources.

He alluded to his recent successful promotional tour to mining conferences in Riyadh, Saudi Arabia and Cape Town, South Africa; to canvass for local value addition.

Dr. Alake informed the House Committee members that the campaign led to the coalition that gave rise to the African Minerals Strategy Group (AMSG) and his election as its pioneer Chairman.

”The era of carting away solid minerals without commensurate value addition is over,” he added.

The Minister further emphasized the primacy and centrality of security in achieving economic development in the country citing the recent meeting of the Presidential Inter-Ministerial Committee on securing the natural resources and the launch of a new security outifit by the Interior Minister, using the Nigeria Security Civil Defence Corps to combat illegal mining.

”It cannot be overstated that security is a national issue, securing lives and property before business is paramount in our seven point agenda”, he noted.

On his part, the Chairman House Committee on Solid Minerals, Jonathan Gbefwi who stated that the visit to the Ministry was to fulfill its oversight duty said the importance of the mineral sector to the economy cannot be overemphasized adding that It is the only sector that can rescue Nigeria from its economic doldrum.

”We are empowered by the Constitution to do oversight, to ensure the executive perform its duty, the Committee will do all that is needed to support the Ministry to bring the sector to its glorious height”, Gbefwi added.

In her vote of thanks, the Permanent Secretary, Ministry of Solid Minerals, Dr. Mary Ogbe stated that the collaborative effort between the House Committee and the Ministry reflects a shared commitment to harnessing the nation’s mineral resources for economic development and Diversification.

By Georgina Humphrey, Edited By Grace Namiji

Written by: Safiya Wada

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