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FG seeks states cooperation for mining sector boost

By news desk

The Minister of Mines and Steel development, Arch. Olamilekan Adegbite, has explained that cooperation between federal and state governments would play a vital role in developing mining sector and attract international investment.

Adegbite disclosed that mining rights belong only to federal government while land belong to states who must issue certificate of occupancy before mining activities can be carried out.

Speaking to journalists after meeting with Lagos State Governor, Babajide Sanwo-Olu, on Thursday in Lagos, the minister said that mining activities can be debilitating in some cases putting a lot of toll on the infrastructure of the states.

“So we want to look at how things can be smoothen out without contravening the law, our visit is to extend a hand of fellowship that this is the next frontier for Nigeria to diversify and create employment for our people so that we can have inclusive government.”

The minister stressed that the federal government wants to use mines to diversify the economy and create employment because potentials are there and the FG wants to maximize benefits from the sector.

Thanking the committee for making Lagos their first point of call, Governor Sanwo-Olu in his remarks said mining is a critical resource that must be developed by the state and federal governments.

“We must all agree to move ahead, because it is development, growth and diversification for our economy and it will take the state and nation to greater height.”

He promised to continue to collaborate with the federal government to understand what the issues are “and we expect a win-win situation at the end of the day”, Sanwo-Olu assured.


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