The Minister of Solid Minerals Development, Dr Dele Alake says no mining license would be issued to prospective investors without requisite plans for value addition on minerals.
In a statement by his Special Assistant on Media, Mr. Segun Tomori yesterday, Minister Alake said the Federal Government had resolved to ensure compliance before permitting investors to operate.
He also says that his Seven -Point Agenda for the ministry had placed the mining sector on the global front burner since assuming office, which had generated renewed interest from the international community in Nigeria’s mineral resources.
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Mr. Alake added that the support of the executive and the legislature had made it possible for the ministry to showcase the solid minerals sector globally, resulting in his election as the Chairman of the Africa Minerals Strategy Group, AMSG, at the Future Minerals Forum in Riyadh, Saudi Arabia.
According to him, with the pact that led to the formation of the AMSG, there is now unity of purpose on the African continent regarding the issue of local value addition.
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