FG mulls policies to check pre-shipment of minerals
The Federal Government is formulating new policies that would help to check illegal pre-shipment of solid mineral products out of the country without paying royalties. In addition, it also concluded arrangements to ensure that every mineral taken out was properly recorded and monitored, to curb artisanal mining activities.
The Minister of State, Mines and Steel Development, Dr Uchechukwu Ogah, stated yesterday, during a visit to Nasarawa Governor Abdullahi Sule, in Lafia, the state capital.He explained that the policies when fully implemented would create wealth, employment and take Nigerians out of poverty, urging the state to key in to benefit from them.
“President Muhammadu Buhari had identified the mining sector as a key component of the economic diversification process. We need synergy between the Federal, states, and local governments.”Noting that the state would benefit immensely, the minister urged that policies would make sure that raw minerals are not taken out without going through the beneficiation.
Ogah further maintained that the process would add value to the state, as instead of selling the raw to other countries at cheap prices, and then refine them and brought back to sell at a high rate. Earlier, the Governor expressed the State’s determination and desire to be fully involved in mining, as it has abundance of mineral resources.
He therefore called on federal government to give priority to local investors by giving them mining licences, noting that such gesture would also ensure the provision of security at the mining sites.
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