National Council on Mining to Drive Growth in Nigeria’s Mineral Sector

The NCMMRD’s 5th Edition will convene in Ilorin from January 15-17, 2024, to discuss the minerals and metals sector under the theme “A Panacea for Economic Growth and Diversity.” Key stakeholders, including the Minister for Solid Minerals Development, will address important industry challenges, including illegal mining and resource management, to promote economic growth in Nigeria.

The 5th Edition of the National Council on Mining and Mineral Resources Development (NCMMRD) will take place in Ilorin, Kwara State, from January 15 to 17, 2024. This meeting aims to advance Nigeria’s minerals and metals sector, featuring the theme “Minerals and Metals Sector: A Panacea for Economic Growth and Diversity.” Dr. Oladele Alake, the Minister for Solid Minerals Development, will lead discussions with representatives from various government ministries and stakeholders, including the Miners Association of Nigeria and Women In Mining. The council will address critical issues through several sub-themes: 1. Community Development and Inclusiveness 2. Combatting Illegal Mining Operations 3. Technological Innovation in the Industry 4. Lithium as Energy Transition Minerals 5. Effective Management for Economic Diversification Alake has emphasized the strategic importance of this sector, which is poised to become the next key economic driver for Nigeria, especially amid a global transition to green energy. The meeting will consist of technical sessions followed by an Executive Session with cabinet ministers. Past meetings have proven effective in shaping policy, with actionable recommendations such as establishing Environmental Management Committees in all states and enhancing training for artisanal miners. The upcoming session is expected to facilitate important discussions and collaborations for the sustainable development of Nigeria’s mineral resources.

The National Council on Mining and Mineral Resources Development (NCMMRD) operates to improve Nigeria’s minerals and metals sector, a vital component of its economy. This council meeting brings together key stakeholders to address significant issues impacting the industry, such as illegal mining, technological innovation, and community engagement. The focus on lithium and energy transition highlights the sector’s potential to integrate with global shifts towards sustainable energy solutions, in line with Nigeria’s economic diversification goals specified by the government.

The NCMMRD meeting is integral to igniting growth in Nigeria’s minerals and metals sector. The emphasis on community involvement, technological innovation, and regulatory reforms will guide strategic developments, contributing substantially to the country’s economic resilience and diversification.

Original Source: sciencenigeria.com

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