Advertisement
AfricaEconomyNigeria

FG, Bauchi engage traditional leaders to curb illegal mining

By Rukayat Akanbi

Spread the love

The Federal Government and Bauchi State have lamented the increasing illegal mining activities in Nigeria and are on resolute to engage the traditional leaders to curb the menace. Minister of State for Mining and Steel Development, Dr. Uchechukwu Sampson who was in Bauchi said Nigeria was loosing huge amount of money to illegal mining. Sampson said that State needed to increase their mining for local processing before exportation.

He said: “This administration has given 13 per cent derivation on mining to states, this is part of our plans to diversify the economy. We have said that no unprocessed mineral resources would leave the Country. We want to convert them into energy. We want more foreign investors and definitely, we want to boost our foreign reserves.

“On illegal mining, we are to collaborate with the community leaders at the local government levels, because illegal minings happen at inter lands where the commissioners and the governors won’t know about it.” Meanwhile, Governor Mohammed solicited financial assistance to genuine miners to reduce, tackling and discouraging illegal mining operations in the country. He said the State, being blessed with abundant natural resources, will synergise with the federal government to harness them for economic development

He said the state government was working to create some value chains around many mining opportunities of the state to increase its revenue generation.


Spread the love
Advertisement
Show More

Leave a Reply

Your email address will not be published.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

Back to top button
DE HONEY MONTESSORI SCHOOL

Top 10 Mortgage Banking In Nigeria

Close
Close