FG, Cross-River partner to tackle illegal mining
The Federal Government, through the Ministry of Solid Minerals Development, and Cross River State have strengthened their partnership to sanitize the mining sector and address the issue of illegal mining operations in the state.According to a statement published by Segun Tomori, the Special Assistant on Media to the minister, Dele Alake, the cooperation is to clean up the mining sector, secure mining sites, and provide a suitable climate for new investors.
Speaking while receiving Cross-River State Governor Bassey Otu in his office on Tuesday in Abuja, Solid Minerals Minister Dele Alake emphasized that the visit exemplifies the renewed spirit of cooperation between the federal government and states in harnessing the nation's mineral resources to promote economic development.
"The governor's visit is a clear example." of the coordination we hope to achieve between the federal government and subnational entities. "Our goal is to sanitize the mining sector, secure mining areas, and create a welcoming environment for investors," the Minister stated.
Otu, for his part, emphasized Cross River State's commitment to utilizing its substantial natural riches for state development.
He emphasized the significance of working with the ministry to tackle unlawful mining activity.
"We needed to come and review the laws and regulations that govern proper mining practices. This will allow us to make more informed decisions in partnership with the federal government to clean up the mining industry.
"We are also exploring Public-Private Partnerships to tap into our vast solid mineral potential," stated the governor.
He further indicated that the state is on the verge of joining other states in operating a mining firm after applying for a limited liability corporation license.
Illegal mining has been cited as a serious obstacle to the development of solid minerals in Nigeria, impeding efforts to maximize their potential and stifling sector growth.
Illegal mining is common in Itagunmodi, Igun, Iyere, Igila, and other poor gold-bearing locations in Osun State, as well as Kwali, Daki Takwas, Zugu, Wawan Icce, Yan Kaura, and other gold-bearing localities in Zamfara State. The Federal Government has revealed that illegal mining costs the country $9 billion each year, with the only revenue coming from a 3% royalty paid by a few registered miners.
Regardless of the hurdles, Dr Alake has prioritised tackling illegal mining to ensure Nigeria benefits from its vast mineral deposits and boost revenues.
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