Zamfara mineral resources can generate $400m annually – Matawalle

Zamfara state Governor Bello Mohammed Matawalle has said despite the low level of investment in the state’s mining sector, it is estimated that gold mining alone can generate over $400 million annually for the state if judiciously exploited.

The governor said the state is hugely blessed with abandoned mineral resources and called for investment by the global business moguls.

In a statement signed by the Director General Press Affairs to the Governor, Yusuf Idris and made available to Blueprint Thursday in Gusau said, Governor Bello Mohammed disclosed this during the World Business Community gathering in New York, United States of America during the just concluded 74th United Nations General Assembly (UNGA) which drew World Leaders including President Muhammadu Buhari.

The governor informed the top world business class that his administration has in the last four months brought an end the decade-long banditry activities which led to the death of hundreds of citizens in the state.

“I am inviting all the world business tycoons to come and invest in my state; Zamfara as it has widely opened its arms for all legitimate businesses,” he said.

He explained that he has established a conducive environment for business, especially with the large deposits of untapped mineral resources in the largely agrarian state, adding that the state accounts for the leading position in the production of sorghum which Nigeria leads other countries by about 70 per cent in the West African sub-region.

He assured the business class that the state has large silos for produce storage purposes in each of its 14 local government areas.

The governor maintained that the state stands as the second largest producer of groundnut, third largest producer of cotton and second largest producer of tobacco, while it also occupies leading position in the production of food crops such as millet, maize and rice as well as cash crops like groundnut, cotton, beans, tomatoes, pepper and onions.

Leave a Reply