How We Are Crowding Out Illegal People From Ungoverned Mining Space – FG

How We Are Crowding Out Illegal People From Ungoverned Mining Space – FG

Adegbite said, “We want to add value of beneficiation in the sector to enable us redirect it. We are de-risking the sector to make it attractive for investors.

“Our current reforms are yielding results. You need to see what the sector is contributing to the GDP 10 years ago and now to appreciate the reforms. For instance, we were doing less than a billion naira contribution to the GDP 10 years ago, but now it is more than N10 billion.”

Adegbite admitted that illegal mining remained a problem, disclosng that the ministry is currently in partnership with the Nigeria Customs Service and the Nigeria Immigration Service to curb the menace.

Read Also Convoy Attack: How My Children And I Escaped – Former Governor Ohakim

According to him, the current administration had intensified efforts to de-risk the sector with $100 million, which he said had heightened investors’ interest in the sector.

“These investments by the Buhari-led administration have helped us in acquiring data for the sector, which currently pushes up investors’ attraction for the sector,” he added.