Nigeria Urged to Take Action Against Illegal Mining

Illegal mining in Nigeria has long been a persistent issue, resulting not only in the loss of billions of naira for the country but also in the proliferation of criminal activities such as banditry, terrorism, and kidnapping. Minister of Solid Minerals, Dele Alake, has publicly acknowledged that influential individuals are involved in these illicit operations, which have been allowed to continue unchecked for decades, while the government has predominantly focused on the oil and gas sector. It is imperative that the government now takes substantial measures to identify and prosecute these offenders.

In addition to the criminal implications, illegal mining poses a significant threat to the country’s economy. With proper regulation, the mining industry has the potential to foster industrialisation, diversify exports, and generate significant employment opportunities. Regrettably, these prospects have been neglected due to the overwhelming dominance of the oil and gas sector and the pervasive presence of illegal mining activities.

It is estimated that Nigeria loses up to $9 billion annually as a result of illegal mining, mainly through the illegal exportation of gold, lead, zinc, tin, and coal. This translates into a loss of royalties and taxes for the government. Furthermore, the issue of gold smuggling is of particular concern, with the country having lost $5 billion to gold smuggling from 2012 to 2018 alone.

Nigeria is rich in mineral resources, with 44 different types identified at over 500 locations across the 36 states and the Federal Capital Territory. The potential value of the mining industry in Nigeria stands at $700 billion. For instance, gold from Zamfara alone has the potential to generate $1.4 billion annually. Nonetheless, the prevalence of illegal mining continues to impede the maximisation of these opportunities.

It is now time for the government to translate words into action. The Federal Government, in collaboration with state governments, must take decisive steps to eradicate illegal mining. This necessitates identifying and prosecuting the individuals responsible, as well as shutting down their illicit operations.

The existing initiatives and partnerships designed to address illegal mining should be promptly implemented and brought to fruition. It is essential for the 36 states to play a more proactive role in the exploitation of minerals to bolster industrialisation, diversify revenue streams, and create employment opportunities.

Nigeria has the potential to emerge as a key player in the mining industry, but this can only be realized by addressing the issue of illegal mining and capitalizing on its abundant mineral resources. It is imperative for the government and relevant stakeholders to take the necessary steps to stamp out illegal mining and ensure that the country can fully harness the potential of its mineral wealth.