Kogi State’s Governor Ahmed Usman Ododo has introduced new mining equipment at a ceremony in Lokoja. He also announced that the state secured 15 mining licenses, which will enhance Kogi’s solid minerals development and mark a significant economic transformation for the state. The acquisition of the licenses signals Kogi’s entry into the competitive landscape of solid mineral exploitation.

The governor highlighted Kogi’s abundant mineral resources, including gold, lithium, limestone, and coal, which have largely remained untapped. He stated, “This is a strategic move to harness our natural resources and reduce our reliance on federal allocations.” The governor reiterated that the licenses would enable large-scale exploration and boost sustainable economic growth.

Ododo affirmed the state’s commitment to job creation and improving livelihoods through mining activities. He mentioned that the new equipment would enhance resource extraction efficiency. Furthermore, he stressed Kogi’s ambition to be a significant contributor to Nigeria’s mining industry, advocating for self-sufficiency in revenue generation beyond federal support.

Engr. Bashiru Gegu, the Commissioner for Solid Minerals and Natural Resources, outlined the vision for the mining sector as crucial for revenue. He emphasised the importance of robust policies and appropriate equipment to effectively engage in solid mineral development, stating that “Being a major player in the mining sector requires equipment, laws, and policies.”

Governor Ododo’s unveiling of new mining equipment and the acquisition of 15 mining licenses represents a pivotal step for Kogi State’s economic development. By tapping into its rich mineral resources, the state aims to reduce reliance on federal allocations, create jobs, and establish itself as a leader in Nigeria’s mining sector. The commitment to sustainable practices and development is poised to significantly benefit the state’s economy.

Original Source: independent.ng

The post Kogi State Governor Launches New Mining Equipment and Licenses first appeared on Nigerian Mining News.

Kogi State Governor, Ahmed Usman Ododo, has unveiled the state’s new mining equipment at Muhammadu Buhari Square, Lokoja, along with the acquisition of 15 mining licenses. This initiative is expected to position Kogi among states exploiting solid mineral resources, marking a vital step in the state’s economic transformation. Governor Ododo stated that these licenses will significantly enhance the solid minerals sector in Kogi, which possesses substantial deposits of minerals including gold, lithium, and coal.

The governor described the initiative as critical for harnessing natural resources and reducing dependence on federal allocations. He emphasized that the licenses would support large-scale mining operations aimed at ensuring sustainable economic growth. The equipment procured is intended to improve extraction efficiency and create job opportunities for the locals.

Ododo conveyed the state’s commitment to being a principal player in Nigeria’s mining industry and to generating revenue independently from federal aid. He highlighted the urgency of maximizing the state’s natural resources, declaring that Kogi would actively shape its own future through this mining initiative.

Engr. Bashiru Gegu, commissioner for Solid Mineral and Natural Resources, stressed the vision for Kogi’s mining sector as a major revenue source. He pointed out the necessity for robust policies, effective equipment, and mining licenses to achieve success in solid minerals development. Gegu confirmed that the Kogi State Solid Mineral Processing Company Limited has secured licenses to kickstart mineral exploration immediately.

The unveiling of new mining equipment and the acquisition of 15 mining licenses marks a significant milestone for Kogi State, aiming to enhance its solid minerals sector and economic independence. Governor Ododo’s commitment to harnessing natural resources is set to create jobs and reduce reliance on federal allocations, while the state seeks to become an influential player in Nigeria’s mining industry. The vision as outlined by Commissioner Gegu highlights the importance of policy and strategic planning in achieving these goals.

Original Source: independent.ng

The post Kogi State Launches New Mining Equipment and Licenses to Boost Economy first appeared on Nigerian Mining News.

Governor Ahmed Usman Ododo recently revealed the acquisition of 15 mining licenses for Kogi State, marking a significant development in the state’s extractive industry. The announcement was made during the unveiling of new mining equipment in Lokoja, signifying Kogi’s commitment to harness solid minerals for economic transformation. The governor highlighted Kogi’s abundant mineral resources, such as gold and lithium, which remain largely untapped.

Ododo stated that securing these licenses aims to mitigate reliance on federal funding and foster sustainable economic growth through large-scale mining activities. He emphasised the potential job opportunities this initiative could create and its importance in improving local livelihoods. The governor reassured that Kogi State is set to emerge as a key player in Nigeria’s mining sector.

Engr. Bashiru Gegu, the Commissioner for Solid Mineral and Natural Resources, underscored the need for robust policies and equipment to maximise the sector’s potential. He confirmed that the Kogi State Solid Mineral Processing Company Limited is ready to commence immediate exploration, having secured the necessary licenses to effectively tap into the state’s rich mineral deposits.

The unveiling of mining equipment and acquisition of licenses marks a pivotal step in Kogi State’s economic development. With its vast mineral resources, the state aims to reduce reliance on federal allocations while creating job opportunities and fostering sustainable growth. The leadership is set on transforming Kogi into a significant player in Nigeria’s mining industry, with a clear path for resource extraction and development.

Original Source: kogireports.com

The post Kogi State’s New Mining Initiative: 15 Licenses and Promising Prospects first appeared on Nigerian Mining News.