Latest news

Nigeria Committed To Upscaling Solid Mineral Industrialisation –Minister


The Minister of Solid Mineral, Dele Alake, has said the country is committed to upscaling its solid mineral industrialisation and value addition as a nation.

Alake disclosed this at the 10th Nigeria Energy Forum (NEF) Conference and Exhibition with the theme: “Decade of Energy Transition for Economic Prosperity” held in Lagos. Alake, represented by Dr Obadiah Nkom, Director General, Nigeria Mining Cadastre Office, said Nigeria’s mineral endowment is vast, yet its economic impact on the nation remains limited.

He said: “This conference is a strategic step to reposition the sector for sustainable growth and in alignment with our National priorities under Renewed Hope Agenda of President Bola Tinubu administration.

“The government is prioritising policies that will attract investments in mineral processing plants, refinery projects, and finished goods production within Nigeria.

“This approach will create jobs for millions of Nigerians, build local capacity, and position Nigeria as a competitive hub for critical minerals and mineralbased products in Africa.”

Engr Omatsola Ogbe, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), represented by Naboth Onyesoh, Director of Legal Services, said the objectives of the board are to promote and enforce the development of indigenous capabilities in the Nigerian oil and gas industry.

He said: “This involves encouraging local manufacturing, technology transfer, human capital development, and the utilization of locally produced goods and services.”

Mr Seye Bassir, Investment Director, AII On, said the Federal Government had a lot of policy around the energy transition and climate change.

He added: “What they need to do is to coordinate better and maybe consolidate all of those efforts into the right kind of instrument.”

Also, Ms Marit Kitaw, Economic Affairs Officer, United Nations Economic Commission for Africa (UNECA) said key constraint to green mineral industrialisation includes limited infrastructure and energy access for processing.

Engr Michael Oluwagbemi, the Programme Director, Presidential Compress Natural Gas Initiative (PCNGi) said the initiative supported the establishment of 1,000 auto-gas conversion workshop by 2027.

The Director said the aim was to convert 250,000 vehicles annually creating 250,000 jobs and support training of 25,000 technicians.

In his remarks, Dr Daniel Adeuyi, the Chairman, NEF, said the 2025 NEF theme, followed successful engagement of over 8,000 global stakeholders and facilitation of U$70 million financing and facility for clean energy projects across previous editions.



Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...