FG set to increase revenue from mining
The Federal Government is set to reposition the mines and steel sector to generate more revenue.
The Minister of Mines and Steel Development, Olamilekan Adegbite who said this known highlighted the need to add value that will attract investors to the sector,as he stressed the need for Collaboration.
Adetigbe in a statement by the ministry’s spokesperson Eweama Sunny on Friday said government is working to take the sector to grater heights past the days when people will erroneously think that mining is meant for miscreants.
According to him, the caliber of people in Nigeria venturing into mining signals hope that in no distance time mining in Nigeria will metamorphosised from artisanal level to mechanized level.
He lauded leaders of various mining –related associations for keeping faith in the sector believing that collaboration is inevitable to the growth of the industry.
Adegbite assured them of his open-door policy especially in areas of driving the sector to a more productive height.
The Minister of State for Mines and Steel Development, Uchechukwu Sampson Ogah said that it is high time mining took its pride of place in Nigeria, stressing that before the discovery of oil in Nigeria, mining was already contributing its quota to the revenue of the country.
He challenged the various mining groups to take the industry with passion especially now that the federal government has ear-marked the sector as a veritable too for the diversification of the economy.
The team and former governor of Bauchi State Isa Yuguda said from all indication mining is the way forward considering the imminent demise of oil in the global market.
Yuguda pointed out that virtually every local government in Nigeria has one mineral deposit or the other which implies that unemployment will be reduced to the barest minimum if properly harnessed.
The Acting Permanent Secretary, Zacheus Atte assured the that the sector will in no distant time be the hub of Nigeria economy.
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