Minister for Solid Minerals Development, Dele Alake, says the Bola Tinubu government was working to ensure that the country becomes an investor’s destination in the area of solid minerals development.
Alake said this at a two-day national stakeholders’ roundtable on sustainable development of the mining industry, stating that communities where solid minerals are extracted from, must henceforth derive maximum benefit from solid minerals exploration.
He said plans to process raw minerals locally will now be part of the conditions for obtaining mining licences in the country, adding that the government will no longer accept what he called pit to port system in the mining sector.
The Minister also said the government was putting in place concrete measures that would shift attention away from fossil fuels to solid minerals as a way of generating revenue for the government.
