Enhancing Taraba State’s Mining Sector for Economic Growth
The Taraba State Government has embarked on significant initiatives to diversify its income generation by prioritising the development of its mining sector. With an abundance of mineral deposits available across the state, this move aims to reduce reliance on federal allocations and transition to a multi-products economy.
In pursuit of this objective, the State Government has forged a partnership to facilitate efficient exploration activities with mining partners from Finland. This collaboration is poised to commence with a visit to key sites with mineral deposits, including areas such as Gembu, Bali, and Wukari. The delegation will be received by various dignitaries, including the Permanent Secretary of the Solid Minerals Bureau and other government officials.
The collaboration with Finland is part of an existing memorandum of understanding, focusing on areas of mutual interest, including education and mining. Taraba State is an official member of the Mining Finland group, which aims to access credible investors for responsible mining practices.
The state government has underscored its commitment to responsible mining, emphasising environmental preservation and the active engagement of indigenes and residents in all mining activities. Furthermore, plans are underway for the delegation to present the state as investment-ready at a European Union meeting, with the Minister for Solid Minerals expected to receive the team.
The visit by the Mining Finland Team signifies a culmination of ongoing engagements, aiming to foster a proper mining policy operation and enforcement for the state, while opening it up for credible international investors. The consulting firm to the state government on Education, Mining, and Special Grants Projects has highlighted the relentless efforts to bring Taraba State to international reckoning through relevant partnerships in key developmental and economic areas like mining.
The Governor has reiterated the state’s commitment to responsible mining and the need to clamp down on illegal miners. The visit from the Finnish mining partners signifies a significant step towards positioning Taraba State as a leading mining haven in Africa, leveraging its rich resources and readiness for international investments.
In conclusion, the Taraba State Government’s focus on developing its mining sector is a strategic move towards economic growth and diversification. By fostering partnerships with international entities and emphasizing responsible mining practices, the state is poised to harness its mineral wealth for sustainable development and long-term prosperity. Stay informed with leading coverage of Nigerian and world news, business, technology, and sports.
