Dele Alake, minister of solid minerals development, says there will be no more mining licences for investors without plans for local value addition.
He assured the legislators of the significant contribution of sub-nationals to mining development, adding that the states’ chairmen of mineral resources and environmental management committee and five members of the committee are nominated by state governments.
Highlighting the renewed interest of the international community in Nigeria’s mineral resources, Alake said his seven-point agenda has put the mining sector “on the global front burner” since he assumed office. “We are no longer going to allow anybody or license any company that want to go into the mineral sector without giving us a plan for local value addition like processing, refining and this has a multiplier effect on the economy.
“They are to secure our mine sites, help in stemming theft, illegal mining, and carting away of our solid minerals. The command structure of the new outfit will be inaugurated in the coming days.”In his remarks, Gaza Gbefwi, chairman of the committee, said the house committee paid a visit to the ministry to ensure he is doing what it is supposed to do for the citizens to get maximum beneficiation from the mining sector.
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