Solid minerals will contribute 50% to Nigeria’s GDP – Alake

The Minister of Solid Minerals, Dele Alake, says the ministry will add at least 50% to the Nigerian economy, just as he said that the Ministry is poised to attract Foreign Direct Investment to the country.

The minister, who spoke during the unveiling of the ‘Agenda for the Transformation of the Solid Minerals for International Competitiveness and Domestic Prosperity’ in Abuja on Sunday, said the ministry will focus on a seven-point agenda, including 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, Mines Surveillance Task Force and Mine Police, Comprehensive review of all mining licences and the creation of six (6) Mineral Processing Centres to focus on Value-Added products.

“President Bola Tinubu has taken firm, courageous decisions that have reset the logic of the Nigerian economy. The…

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