Nigeria To Leverage Mineral Resources for Economic Growth – Dr Dele Alake

Summary
The Federal Government of Nigeria, represented by Dr Dele Alake, is poised to use the country’s mineral wealth for economic transformation, as highlighted during the preview of the 9th Nigeria Mining Week slated for November 2024. The event aims to unite industry leaders and attract international investors while fostering discussions on critical mining sector issues.

The Nigerian Minister of Solid Minerals Development, Dr Dele Alake, expressed the Federal Government’s commitment to leveraging the nation’s abundant mineral resources for economic transformation. Speaking through the Permanent Secretary, Dr Mary Ogbe, at a press briefing for the upcoming 9th Nigeria Mining Week scheduled from November 18-20, 2024, in Abuja, he highlighted the event’s aim to gather industry leaders, investors, and government officials to discuss several critical topics, including investment promotion and technological advancements in the mining sector. The conference, expected to host over 2,100 participants and 49 sponsors across 47 sessions, will feature representatives from numerous countries, including Nigeria, China, the USA, UK, UAE, South Africa, Turkey, Australia, India, and Ghana. Dr Alake stated that Nigeria is rich in untapped mineral resources and reiterated a focus on sustainable practices aligning with development goals. He indicated that the theme for this year’s conference will centre around using Nigeria’s mineral wealth to drive economic change, consistent with the Federal Government’s Renewed Hope Agenda, which prioritizes job creation and enhancing Nigeria’s global commodities market presence. The National President of the Miners Association of Nigeria, represented by Ibrahim Birma, noted that the annual event fosters idea sharing that enhances sectoral reforms and innovation in policy development.

The upcoming Nigeria Mining Week highlights the government’s strategic initiative to exploit the country’s vast mineral potential as a catalyst for economic growth. With a diverse range of minerals available, the aims include enhancing investment attractiveness and fostering community development. This gathering intends to facilitate discussions that support the advancement of the sector, encouraging both local and foreign investments. The event is also reflective of the government’s broader agenda to improve regulatory frameworks and embrace sustainable practices in resource management.

In summary, the 9th Nigeria Mining Week serves as a vital platform for discussing the transformative potential of Nigeria’s mineral resources. With a focus on investment, sustainable development, and international collaboration, the event aims to position Nigeria more prominently in the global mining landscape, driving economic growth and job creation.

Original Source: www.vanguardngr.com

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