Edo to develop state mining policy as solid mineral sector stakeholders parley

Edo to develop state mining policy as solid mineral sector stakeholders parley

Efforts to position Edo State as a major player in the solid mineral sector is currently gaining momentum as the Ministry of Mining, Oil and Gas headed by its Commissioner, Hon. Ethan Uzamere has rallied relevant stakeholders at the opening of a 2-day solid mineral sector stakeholder's forum held in Benin City, Edo State.

In his welcome address, the Commissioner said the Ministry was working to develop a State Mining Policy in order for Mining activities to translate to tangible benefits for Edo people, coordinate activities in the Mining sector and set agenda for more productivity in the sector. 

According to him, "While the approved 13 percent derivation for all the minerals that come from solid minerals in addition to what is gotten from the federation account is a good place to start, we however wish to see the Mining sector do more for our people."

He said: "In addressing the gaps, we must look critically into giving direction to a state mining policy, adding value to licenses already issued to investors in Edo State, taking full advantage of the State’s security architecture, reduce the number of illegal operations in the sector, taking advantage of the harmonized system of revenue and taking advantage of the investment pursuit of the State Government."

He continued, "While mining still remains in the Exclusive list, we must, in the interim, look at other ways to shore up revenue from the extractive industry as we are keen on diversifying our state economy. We are seeking to drive more investments in the sector in order to rapidly increase our Gross Domestic Product (GDP) growth rate."

Commissioner for Information and Orientation, Honorable Barr. Adaze Emwanta and the Commissioner for Environment and Sustainability, Eng. Jonathan Lawani attended the forum.
Stakeholders including the Revenue Mobilization Allocation and Fiscal Commission; Women in Mining; Mining Cadastral Office; Miners Association of Nigeria; Representatives of Dangote and BUA Cement; Federal Ministry of Mining and Steels Development; Times Ceramics; community representatives; amongst others were also present.

The forum featured a panel discussion and a lecture delivered by the former Vice Chancellor of the Ahmadu Bello University, (ABU), Professor Ibrahim Garba who charged the Federal Government on improvement in the regulatory framework to revitalize the nation’s mining sector.

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