The Minister of Solid Minerals Development, Dr. Dele Alake, has announced plans to conduct a forensic audit of Nigeria’s mining sector as part of broader efforts to sanitize the industry and boost investor confidence.
In a meeting with Plateau State Governor Caleb Mutfwang, Dr. Alake highlighted the ongoing reforms within the sector, including the introduction of technology-driven solutions to enhance the federal government’s regulatory framework.
“I can reveal that we are going to embark on a forensic audit of the entire sector,” Dr. Alake stated. “We are collaborating with the Ministry of Science and Technology on satellite imaging, in line with the directive of Mr. President. This will assist in monitoring activities at mining sites and consequently bolster our capacity to effectively secure the mining environment.”
Dr. Alake also underscored the significance of Plateau State in the federal government’s plans to develop the mining sector. He called for collaboration with Governor Mutfwang to tap into the state’s vast solid mineral resources and address the issue of abandoned mining pits, which he noted are remnants of the colonial era.
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“We are working towards creating an Environmental Protection and Rehabilitation Fund to establish a pool of resources that can be used for remediation efforts,” Dr. Alake added. “This includes covering or converting abandoned pits, which pose a danger to our citizens and communities, into productive uses like irrigation.”
Governor Mutfwang, in his response, praised the minister for his enthusiasm and commitment to the sector since taking office. He expressed optimism that under Dr. Alake’s leadership, Nigeria would unlock the vast potential of its solid minerals to significantly contribute to the nation’s Gross Domestic Product (GDP).
Addressing the security of mining sites, Governor Mutfwang commended the efforts of mining marshals and urged the minister to integrate them into the state’s security network to ensure their continued effectiveness.
The governor also called for an improved regulatory framework, updated data in the mining sector, and federal support to tackle the issue of abandoned mining pits in Plateau State.
“We are hopeful that through our partnership with the ministry, we can leverage the Federal Government’s ecological funds to remedy these abandoned sites,” Governor Mutfwang emphasized. “Not only is this vital for health, but it also holds potential economic value.”
