Illegal mining in Nigeria has emerged as a significant economic concern, as reported by the House of Representatives committee on solid minerals development, which disclosed that the country is experiencing an alarming annual loss of $9 billion due to this unlawful practice. The committee’s chairman, Jonathan Gbefwi, underscored the substantial risks posed to the national economy, environment, and security during a public hearing on Monday.
Gbefwi highlighted that the unregulated exploitation of Nigeria’s natural resources not only imperils the sustainability of the mineral sector but also results in environmental degradation and revenue loss that could otherwise benefit the communities and the nation as a whole. Additionally, he emphasised the adverse impacts of illegal mining, including insecurity and conflicts over control of mining sites and their resources.
At the public hearing, Speaker of the House, Tajudeen Abbas, represented by Julius Ihonvbere, the majority leader of the house, also expressed worry over the prevalence of illegal mining in the north-west, revealing that an estimated 80 per cent of mining in the region is conducted unlawfully. Abbas stressed that illegal mining has become a mounting socio-economic challenge in Nigeria, affecting ecosystems and exacerbating poverty levels, particularly among peasant farmers who rely solely on environmental resources for their livelihoods.
The statistics presented by the House of Representatives committee underscore the immediate need for decisive action to curb the detrimental effects of illegal mining in Nigeria. It is evident that this illicit activity not only compromises the integrity of the environment but also inhibits the country’s potential for economic growth and development.
The economic impact of illegal mining in Nigeria extends beyond financial losses alone, with broader implications for the welfare of communities and the nation as a whole. Therefore, it is imperative for the government and relevant authorities to implement stringent measures to combat illegal mining and mitigate its adverse effects on the economy, environment, and society.
Tackling the challenges posed by illegal mining necessitates a comprehensive approach, encompassing robust enforcement of mining regulations, community engagement, and the promotion of sustainable mining practices. By upholding the rule of law and fostering responsible mining activities, Nigeria can safeguard its valuable natural resources and harness their potential for the collective benefit of its citizens.
In conclusion, illegal mining in Nigeria represents a pressing issue that demands immediate attention and concerted efforts to address. The revelations made by the House of Representatives committee serve as a stark reminder of the urgent need to combat this illicit activity and its profound impact on the nation. It is imperative for all stakeholders to collaborate in devising effective strategies to combat illegal mining and promote responsible and sustainable mining practices for the long-term prosperity of Nigeria.