Establishment Of Mining Clusters Will Create Wealth, Jobs - Adegbite | The Street Reporters Newspaper Establishment Of Mining Clusters Will Create Wealth, Jobs - Adegbite | The Street Reporters Newspaper




Establishment Of Mining Clusters Will Create Wealth, Jobs – Adegbite

298
Kindly Share this Story

This post has already been read 132 times!

The Minister of Mines and Steel Development, Arc Olamilekan Adegbite has re-emphasised that the establishment of Mining Clusters in the six (6) geopolitical zones will boost the productivity of Artisanal and Small Scale Miners (ASM), generate wealth and create employment opportunities for Nigerians.

The Clusters, according to the Minister,are Federal Government intervention projects to cushion the adverse effects of Covid-19 and jumpstart the economy.

Adegbite made this known Thursday in Ugaga, Yala Local Government Area of Cross River State during the inspection of the ongoing work at Barite Cluster Processing Plant.

The Minister explained that the establishment of Barite Cluster in Ugaga was necessitated by the abundance of Barite in the area.

The Street Services And Media Resources International account details

“The Barite Processing Plant is sited in Ugaga because of abundance of Barite in this location and the need to reduce logistics for the processing, as localisation of industries at the sources of raw materials minimises logistics overload”, he added.

ALSO READ  Pastor Umo Eno Assures Continuous Supremacy of the Party

He said when completed, Barite would be processed in Ugaga and shipped to Port Harcourt selling point where buyers and exporters could buy them.

The Minister, however assured that the plant when completed, would not be run by government but by experienced and knowledgeable experts who have wherewithal to run it on behalf of the Federal Government.

He added that the plant would also provide services to Barite miners.

“Miners of Barite can bring it here to sell to processors or mill their Barite to America Petroleum Institute (API) standard at reasonable cost,” .

ALSO READ  Unremitted N89.1tn Stamp Duty Allegation: Northern Youths Tackle Hon. Kazaure, Say Accusation Against CBN Governor Emefiele Baseless

Adegbite who carried out the inspection alongside the Permanent Secretary in the Ministry, Dr Oluwatoyin Akinlade and the Director, ASM, Mr Patrick Ojeka, said the factory when operationalised, would increase the sector’s contribution to the Nation’s GDP.

Earlier in her remarks, the Permanent Secretary, Dr Akinlade called on Barite miners to take full advantage of the opportunities provided by this huge investment, to enhance and improve productivity of Barite in the country.

ALSO READ  Aboki fx And Wrestler Emefiele: A Diversionary Tactics

This, according to her, would save Nigeria foreign exchange currently being spent on Barite importation.


Kindly Share this Story

TAG


Subscribe
Notify of
guest
Enter your name
Enter a valid email address to comment
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x
Call Now ButtonCall Us Now!