Hey, guess what? The government is making some big moves in the mining sector! Dele Alake, the Minister of Solid Minerals Development, just announced that they’re working on making the mining licensing process more transparent. And that’s not all – they’ve launched new guidelines for Community Development Agreements (CDAs) in the Solid Minerals sector. These agreements are all about making sure that the benefits of mining, like scholarships, jobs, schools, and good roads, actually reach the communities. But here’s the thing – in the past, these agreements have had a lot of problems. There have been big gaps in how they’re implemented, and not enough people know about them. But now, the government is teaming up with Centre LSD to fix all that. They want to make sure the new guidelines are up to international standards. And you know what? The mining industry is totally on board with this. Dele Alake even talked about how the Bola Tinubu administration is super committed to making mining a huge part of the country’s economy. They’re all about transparency in the licensing process, and they’re planning to review the laws to make sure everything’s up to scratch. The highlight of the whole thing was the unveiling of the Revised Document, which recommends some really cool stuff like amending the mining act and regulations. It’s all about making sure the mining sector is top-notch!
