The Street Reporters Newspaper

…Breaking News with Integrity!

Adsense

Minister Canvasses For Legislative Support For Local Value Addition in Mineral Sector
Business Mining National News Politics

Minister Canvasses For Legislative Support For Local Value Addition in Mineral Sector

Spread the love

Nigeria’s Minister for Solid Minerals Development, Dr Dele Alake, has canvassed for legislative support that will entrench local value addition in the mineral sector, asserting that it will generate massive employment and beneficiation to mineral endowed communities.

Dr Alake disclosed this today during an oversight visit by the House Committee on Solid Minerals led by its Chairman, Honourable Jonathan Gbefwi to the Ministry of Solid Minerals Development.

Bringing the visitors up- to date on recent activities and programs of the Ministry, the Hon Minister explained that value addition and mineral processing as a key point of the Ministry’s 7 point agenda, offers enormous benefits to a mineral endowed country like Nigeria by providing jobs and maximizing natural resources.

ALSO READ  Obi Berates AG's Office over Workshop in London, Says It's Insensitivity to the Plight of Nigerians

He alluded to his recent successful promotional tours to mining conferences in Riyadh, Saudi Arabia and Cape Town, South Africa; to canvass for local value addition.

Continuing, Dr Alake informed House Committee members that the campaign led to the coalition that gave rise to the African Minerals Strategy Group ( AMSG) and his unanimous election as it’s pioneer Chairman.

”The era of carting away solid minerals without commensurate value addition is over,” he said.

In his remarks, the Minister further emphasized the primacy and centrality of security to achieving economic development in the country citing the recent meeting of the Presidential Inter-Ministerial Committee on securing our natural resources and the launch of a new security outifit by the Interior Minister, using the Nigeria Security Civil Defence Corps to combat illegal mining.

ALSO READ  NEC: Reps Minority, PDP Caucuses Disown Agitating Opposition Lawmakers

”It cannot be overstated that security is a national issue, securing lives and property before business is paramount in our seven point agenda”, the Honourable Minister asserted.

Commenting on the existing relationship, Dr Alake said: ” I have had very robust relationship with the leader of this Committee, robust engagement: that is why I view your visit today with all sense of propriety: with the warm relationship, support is accorded and together we achieve our stated goals”.

Speaking, the Chairman House Committee on Solid Minerals, Hon Jonathan Gbefwi asserted that the visit to the Ministry of Solid Minerals Development fulfills its oversight duty. ”We are empowered by the Constitution to do oversight, to ensure the executive perform its duty. We intend to stretch to the limit…” the Chairman stated.

ALSO READ  Izeze's Thesis on 'Standing Order of Legislative Houses' Published in International Law Journal

Elaborating, Honourable Gbefwi said the importance of the mineral sector to the economy cannot be overemphasized. It is the only sector that can rescue Nigeria from its economic doldrum”. The Committee, he continued, will do all that is needed to support the Ministry of Solid Minerals Development to bring the sector to its glorious heights.”

Delivering vote of thanks, the Permanent Secretary Dr. Mary Ogbe stated that the collaborative efforts between the House Committee and the Ministry reflect a shared commitment to harnessing the nation’s mineral resources for economic development and Diversification.

StreetReporters.ng

Discover more from The Street Reporters Newspaper

Subscribe now to keep reading and get access to the full archive.

Continue reading