Harnessing Nigeria’s Solid Mineral Sector: A Key to Economic Growth
The President of the Nigerian Mining and Geosciences Society (NMGS), Professor Akinade Olatunji, has stressed the vital role that the solid minerals sector can play in the Nigerian economy. During a press conference in Jos, Plateau State, preceding the Society’s Annual Conference, Professor Olatunji emphasized the necessity of addressing the barriers and bureaucracy obstructing the sector’s potential.
Expressing concern over the rising association of banditry with mining activities, Professor Olatunji urged the government, particularly security agencies, to take decisive action in eradicating these elements from the country. He emphasized the importance of enforcing laws governing entry into the country and addressing porous borders that facilitate illegal activities.
The NMGS President also raised questions about the origins and intentions of individuals involved in illegal mining, citing the Minister of Solid Minerals Development’s claim that influential figures are behind such activities. He called for swift and thorough action to address this issue, stressing that those who take up arms against the state should face serious consequences.
To fully leverage the potential of the mining sector as a revenue source, Professor Olatunji underscored the need to empower the Mining Inspectorate section with the necessary resources and facilities. He emphasized the importance of equipping those responsible for overseeing mining activities to enhance their effectiveness.
Addressing the existing tensions between state and federal governments regarding control of solid mineral resources, Professor Olatunji urged both parties to resolve these conflicts through constitutional and legal means. He emphasized the importance of utilizing the country’s constitution and the Mining Act to address any areas of contention.
The NMGS President’s remarks underscore the significance of developing Nigeria’s solid minerals sector in a sustainable and responsible manner. By addressing bureaucratic obstacles, combating illegal mining activities, and resolving conflicts between government entities, Nigeria can unlock the full potential of its mineral resources for economic growth.
Citing authoritative sources and addressing the pressing issues facing the solid minerals sector, Professor Olatunji’s statements provide valuable insights into the steps needed to harness Nigeria’s mineral wealth for the benefit of the country and its people.