Dr. Alake Calls on Senate Committee to Strengthen Partnership for Solid Minerals Development

December 17, 2019 admin

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Nigeria’s Solid Minerals Sector Poised for Transformation with Legislative Backing

The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, has called for a stronger collaboration between the Ministry and the Senate Committee on Solid Minerals Development to drive sustainable growth and economic transformation in Nigeria’s mining sector.

Speaking during an oversight visit by the Senate Committee, led by Chairman Senator Ekong Sampson, to the Ministry’s headquarters on Monday, November 4, 2024, Dr. Alake highlighted the Ministry’s recent achievements and outlined strategies for further progress.

Nigeria’s Solid Minerals Sector Gains Global Recognition

Dr. Alake emphasized that Nigeria’s solid minerals sector is now a recognized global player, thanks to the Ministry’s proactive engagement with international stakeholders and foreign investors. He cited the endorsement of Nigeria’s local value-addition policy at the recent Africa Minerals Strategy Group summit as a key milestone.

“Nigeria’s solid minerals sector is now a global player, and this progress is a result of our commitment to innovation and strategic partnerships.” — Dr. Dele Alake

The Minister commended the Senate Committee for its insightful recommendations and continued support, stressing that a stronger collaboration will ensure lasting success.

“Your critical feedback has been vital to our progress. We look forward to even closer collaboration to ensure our work leaves a lasting legacy.” — Dr. Dele Alake

Revenue Growth and Increased Funding for Sectoral Development

Dr. Alake noted the Ministry’s significant revenue growth despite budget constraints, urging the Senate to address funding challenges to expand the sector’s impact.

“Our vision is to transform solid minerals into a top contributor to Nigeria’s GDP. Every Ministry staff member is committed to this shared goal.” — Dr. Dele Alake

Ensuring Transparency and Strengthening Regulatory Oversight

The Minister reiterated the Ministry’s commitment to a transparent, inclusive, and accountable mining environment. He stressed the importance of educating mining operators on legislative oversight and regulatory compliance.

He outlined a two-pronged strategy to drive industry expansion while supporting local operators:
✅ Fair and transparent regulatory frameworks to ensure industry integrity.
✅ Local participation and resource redistribution to empower Nigerian operators and anchor the mining economy in domestic resources and talent.

“This dual approach will empower local stakeholders while ensuring that Nigeria fully benefits from its rich mineral resources.” — Dr. Dele Alake

Game-Changer: Satellite Technology for Real-Time Mining Surveillance

In a groundbreaking move to combat illegal mining, Dr. Alake unveiled plans to acquire satellite technology for real-time monitoring of mining operations.

“Satellite surveillance will enhance oversight, improve revenue collection, and strengthen environmental protection by ensuring adherence to approved mining limits.” — Dr. Dele Alake

This innovative system will help the Ministry track production levels and resource extraction, reducing unauthorized practices and boosting government revenue.

Senate Committee Pledges Support for Solid Minerals Reform

Chairman of the Senate Committee, Senator Ekong Sampson, commended the Ministry’s efforts in improving revenue performance and driving sectoral reforms.

“This sector is crucial to Nigeria’s economy, and we are impressed by its improved revenue profile. We remain committed to working closely with the Ministry to maximize its potential.” — Senator Ekong Sampson

Senator Sampson also called for stronger legal frameworks to curb illegal mining, which he said undermines revenue generation and disrupts regulatory functions.

“Illegal mining not only affects revenue but also weakens oversight. Enacting stronger legal measures will create a more structured and compliant mining environment.” — Senator Ekong Sampson

A Vision for the Future: Nigerian University of Mines

Dr. Mary Ogbe, Permanent Secretary of the Ministry, announced plans to establish a Nigerian University of Mines to develop highly skilled professionals for the sector.

“Our vision is to equip experts who will drive innovation and best practices in mining to fuel Nigeria’s economic growth.” — Dr. Mary Ogbe

She applauded the Senate Committee’s partnership, emphasizing that investing in human capital is essential for the sector’s long-term sustainability.

Conclusion: A Collaborative Path to Economic Growth

The strengthened partnership between the Ministry of Solid Minerals Development and the Senate Committee is set to drive Nigeria’s mining industry toward sustainable transformation. With stronger regulations, increased local participation, real-time monitoring, and capacity building, the sector is well-positioned to become a major driver of Nigeria’s economic prosperity.

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