Nigeria repositions mining sector for wealth,jobs creation

ABUJA – The Federal Government has reiterated its determination to reposition Nigeria’s mining sector for wealth and job creation.

The Minister of Mines and Steel Development, Arc. Musa Mohammed Sada made the disclosure in his office while receiving in audience members of African Leadership Magazine and an award of excellence from the same organization.

Arc. Sada noted that while the oil and gas sector covers about 5% landmass of Nigeria, the solid mineral resources sector covers about 95% Nigeria’s landmass adding that, the solid mineral resources are being harnessed to create wealth and job for Nigerians.

Sada observed that through gainful employment in the mining sector, the challenge of security will reduce drastically in the country since its major cause is unemployment.

The Minister noted that an average Nigerian is hardworking, adding that, when opportunities in the minerals and metal sector are fully exploited, Nigerians and investors would be better off.

Sada said that since the necessary institutional and legislative frameworks had been put in place to drive the minerals and metals sector what is being done now is investment drive both locally and internationally.

Consequently, he added that the Ministry of Mines and Steel Development was ready to partner with any well meaning organization for the development of the sector.

Sada said that the Ministry was ready to partner with African Leadership Magazine and other media organizations in letting Nigerians and foreign investors know the investment opportunities in the nation’s minerals and metal sector.

On the invitation of African Leadership Magazine for participation in an International Investment Forum in the United States of America in December 2011, the Minister assured that the proposal would be looked into objectively, and a decision forwarded accordingly.

Sada thanked African Leadership Magazine for the award of excellence in recognition of what he was doing in the minerals and metals sector.

He added that the award would spur him on to keep on doing things to turn around the fortunes of the minerals and metals sector towards the socio-economic and industrial development of Nigeria.

Speaking earlier, the leader of the delegation, of African Leadership Magazine, Dr. Elvis  C. Enyioko  a Director of the establishment said that the essence of the visit was to honour the Honourable Minister for the giant strides he had made towards the development of the minerals and metal sector  in Nigeria and indicate their preparedness for partnership in moving the sector forward.

According to Dr. Enyioko, the other reason of their visit was to invite the Ministry of Mines and Steel Development for participation in an International Investment Forum scheduled for December 2011 in the United States of America which their organization is putting together with other local and foreign establishments.

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