Minister of Solid Minerals Development, Oladele Alake, has said the administration of Bola Ahmed Tinubu is committed to ensuring that the solid mineral sector becomes the biggest revenue generation hub of the country.
He said for the present administration to achieve its vision of economic rejuvenation, all hands must be on deck.
Alake said, “We have recognised the fortunes of the oil sector, and we are determined to ensure that the solid minerals sector is the Noah’s ark that would take us out of the deluge of economic challenges that Nigeria currently faces.”
Speaking during the 22 Annual General Meeting and International Conference of The Nigerian Society of Mining Engineers in Kaduna, Minister Alake enjoined all the stakeholders to be patriotic, saying that the president is determined to take the nation out of the wood.
Alake stated that the seven point agenda of the present administration is geared towards promoting the public private company that will galvanise financial and physical access of government in the sector.
“It is now that our country needs patriotic and scientific contributions more than any other time, where all hands must be on deck to realise the vision of the Tinubu led administration, aiming at making solid minerals the biggest revenue generation hub among all sectors in the economic structure of Niger,” the minister said.
Meanwhile, the Nigerian Society of Engineers said that Public Private Partnership (PPP) concession will make the private sector concessionaire responsible for full delivery of specified production and infrastructure services.
“Government should intensify efforts in providing an enabling environment to attract investors into the mining sector for PPP agreement especially as it concerns fully explored strategic mineral deposits,” the Society advised.
