The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, has praised the dedication of stakeholders in the mining industry, assuring that a new Mining Act will unlock significant economic benefits, positioning the solid minerals sector as a key contributor to Nigeria’s Gross Domestic Product (GDP) in the near future.

Dr. Alake made these remarks during a stakeholder meeting organised by the Ministry of Solid Minerals Development, focused on the Mining Policy Dialogue and the amendment of the Nigerian Minerals and Mining Act, 2007. The event was held at the Rock View Hotel in Wuse II, Abuja.

The New Mining Act was well received (Nigerian Mining)
Stakeholders meeting organised by the ministry of Soldi Minerals Development

In his speech at the workshop, the Honourable Minister emphasised the shared goals between mine operators, policymakers, and the government in revising the Nigerian Mining Act 2007 to maximize economic gains from the solid minerals sector.

“You and us in the Ministry have the same objective, and what is the objective? To ensure that we enhance the operating environment of solid minerals in Nigeria with a view to maximising the benefits for you, all of us, and, of course, for the generality of Nigerians,” Dr. Alake stated.

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign up for the Nigerian Mining Weekly Newsletter

The latest news from the Nigerian solid minerals and mining industry delivered to your inbox.

You May Also Like

Mining Shutdowns by States Endanger Nigeria’s FDI Prospects, Alake Cautions

The Minister of Solid Minerals, Dele Alake, has cautioned state governments against…

How Nigeria’s Mining Reforms Are Transforming the Economy for Shared Prosperity

President Bola Ahmed Tinubu has reaffirmed his commitment to transforming Nigeria’s mining…

Taraba State Fights Environmental Impact of Illegal Mining and Logging

Brigadier General Jeremiah Faransa (Retd), Chairman of the Taraba State Committee on…

Nigerian Mining Week Kicks off Today

The Nigerian Mining Week 2024 officially begins today, 18 November, at the…