Mining: Nigerian govt to establish 6 mineral centres to boost sector

Mining: Nigerian govt to establish 6 mineral centres to boost sector

The Minister of Solid Minerals Development, Dr Dele Alake, says plans are ongoing by the Federal Government to establish six mineral centres in the six geo-political zones.

Alake said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.

He said the plan was part of President Bola Tinubu’s administration’s commitment to diversify the country’s economy, by developing key sectors such as the solid minerals industry.

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“Another one is the creation of six mineral centres in each of the six geo-political zones.

“We have our minerals all over the country and we cannot concentrate the mineral processing centres in one centre, and as we speak those plans are ongoing in the zones”, he said.

According to the Minister, the centres are also part of the government’s commitment to promote value addition to its minerals, aimed at facilitating multiplier effects on the economy.

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NAN recalls that the minister had announced that no licence would be granted to mining companies to operate without presenting a comprehensive plan for value addition such as processing and refining.

Alake said investors in the past extracted raw mineral resources from Nigeria without adding value to them, which he described as a great loss to the country’s economy.

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“Nigerian Lithium is one of the finest qualities in the world, and it has other associated minerals like nickel, cobalt, and copper.

“So when an operator takes an ounce of our Lithium out of Nigeria, perhaps he declares Lithium,” he said.

Mining: Nigerian govt to establish 6 mineral centres to boost sector

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