A group called the Forum of Concerned Stakeholders in the Nigerian minerals and mining sector is dissatisfied with the shutdown of legal mining sites across states.
Prof. Akinade Olatunji, president of the Nigeria Mining and Geosciences Society (NMGS), conveyed the forum’s position at a news conference on the state of affairs in the Nigerian mining industry.
Main points made by Mr Olatunji:
– Stakeholders have met all requirements and obtained necessary licenses to operate, but are frustrated by the shutdown.
– State government interference has complicated the business environment and introduced risks for investors.
– The group is calling for an authoritative directive from the minister of solid minerals development to address the situation at the sub-national level.
The forum has issued the following demands:
– Suspension of the implementation of rate and charge reviews in the mining sector.
– Review of operational guidelines for Mining Marshals.
– Engagement of stakeholders for consultation on the Mining Act and policy formulation.
– Directive to the Solid Minerals Development Fund to take over management of N2.5 billion warehoused with the Bank of Industries.
The Forum of Concerned Stakeholders is calling for these changes to address unconstitutional shutdowns and interference by state governments.
In conclusion, it is essential for the federal government to address the concerns raised to ensure the sustainable operation and growth of the mining industry in Nigeria.
