play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
  • play_arrow

    Kapital FM 92.9 The Station that Rocks!

National

MMSD Mulls Forensic Audit To Sanitize Mining Sector

todayAugust 15, 2024 5

Background
share close

As part of efforts to sanitize the mining sector and boost investor confidence, an impending forensic audit is in the offing.

Minister of Solid Minerals Development, Dr. Dele Alake stated this during a meeting with Plateau State Governor, Caleb Mutfwang in his office in Abuja.

Dr. Alake emphasized that ongoing reforms will lead to the implementation of technology-driven mechanisms aimed at enhancing the regulatory framework of the federal government.

“I can reveal that we are going to embark on a forensic audit of the entire sector. We are collaborating with the Ministry of Science and Technology on satellite imaging, in line with the directive of Mr. President” Dr. Alake emphasized.

“This will assist in monitoring activities at mining sites and consequently bolster our capacity to effectively secure the mining environment,” Dr. Alake added.

Dr. Alake also sought collaboration with Governor Mutfwang to harness the vast solid mineral potential to address the prevalence of abandoned mining pits, which he noted represent relics of the colonial era.

“We are working towards creating an Environmental Protection and Rehabilitation Fund to establish a pool of resources that can be used for remediation efforts. This includes covering or converting abandoned pits, which poses a danger to our citizens and communities, into productive uses like irrigation” the minister stated.

On his part, the Governor of Plateau state, Caleb Mutfwang who commended the zeal and enthusiasm the Minister has brought to the sector since assuming office expressed optimism that Nigeria will unlock the vast potential of solid minerals to contribute significantly to the nation’s Gross Domestic Product (GDP).

Governor Mutfwang hailed the mining marshals for their achievements so far, urging the minister to ensure their proper integration into the state’s security network to stay abreast with their activities.

The Governor also advocated an improved regulatory framework, up-to-date data in the mining sector, and federal government support to address the issue of abandoned mining pits in the state.

“We are hopeful that through our partnership with the ministry, we can leverage the Federal Government’s ecological funds to remedy these abandoned sites. Not only is this vital for health, but it also holds potential economic value,” Governor Mutfwang emphasised.

By Georgina Humphrey, Edited By Grace Namiji

Written by: Safiya Wada

Rate it

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *


0%