The collaboration between the Federal Government and the state of Cross River is aimed at addressing the issue of illegal mining, with the ultimate goal of regulating the mining sector and establishing an environment that is attractive to investors in the state.
In a meeting with Cross River State Governor, Sen. Bassey Otu, Minister for Mining and Steel Development, Dele Alake, underscored the importance of cooperation between the federal government and states in the development and regulation of the nation’s mineral resources. The minister emphasized the imperative to secure mining areas, clean up the sector, and attract investment.
Cross-River State Governor, Sen. Bassey Otu, reiterated the state’s dedication to utilizing its mineral resources for economic development, stressing the significance of partnering with the ministry to combat illegal mining activities. The governor also revealed the state’s intentions to pursue Public-Private Partnerships (PPP) and collaborate with other states in establishing a mining company.
The government’s initiatives to address the issue of illegal mining in Cross River State represent a significant stride towards regulating the mining sector and harnessing the state’s extensive mineral resources for economic development.
Through bolstering collaboration between the federal government and states, creating an environment conducive to investors, and exploring opportunities for Public-Private Partnerships, Cross River State aims to tackle the issue of illegal mining and harness its solid mineral potential for state development.