Business
Solid minerals will boost Nigeria’s economy by 50% – Dele Alake
Mr. Dele Alake, Nigeria’s Minister of Solid Minerals, has announced ambitious plans to boost the country’s economy by at least 50%.
He disclosed that his ministry is determined to attract Foreign Direct Investment (FDI) to Nigeria.
His initiative revolves around a comprehensive seven-point agenda:
In a document seen by ThePressNG, the seven-point agenda includes the creation of the Nigerian Solid Minerals Corporation, Joint Ventures with Mining Multinationals, Big Data on specific seven priority minerals and their deposits, 30-day grace for illegal miners to join artisanal cooperatives.
Others are the Mines Surveillance Task Force and Mine Police, a Comprehensive review of all mining licenses and the creation of six (6) Mineral Processing Centres to focus on Value-Added products.
What he said
Mr Alake said,
On the creation of the Nigerian Solid Minerals Corporation, the Minister said:
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