FG To Boost Gold Mining In Osun, Others

FG To Boost Gold Mining In Osun, Others

The Federal Government has struck a partnership with the Osun and Kebbi state governments to develop gold mining.
The pilot scheme of the “Presidential Initiative to streamline gold mining for the benefit of the people, the artisans and the governments”, is soon to be launched.
Three others states – Niger, Kaduna, Zamfara – which possess mineral resources in large volume, are also to enjoy the Federal Government’s partnership to boost the plan to diversify the nation’s economy from its reliance on oil revenue.
The initiative in Osun, Kebbi and other states, is based on the volume of available gold deposits and the willingness of the state governments to develop the mining sector to generate resources and to create jobs for their people.
There is a large deposit of gold in the eastern part of Osun State, which is currently being mined haphazardly with little or no control from the government.
According to the Federal Government’s initiative, artisanal miners will be organised to facilitate better output and the enjoyment of the benefit of their resources.
After a period of training, the artisanal miners will be able to access micro-credit and be exposed to further capacity-building.
The Federal Government, it was learnt, intends to grow the solid minerals’ Gross Domestic Product (GDP) by over eight per cent in 2020 under the Economic Recovery Growth Plan (ERGP).
Osun State Governor Gboyega Oyetola is excited about the prospects in the plan for his people, who will reap the benefits while his government will get the opportunity to boost its IGR.
Oyetola said: “I look forward to the effects this will have on our people with the job opportunities and the chance for a better life for our people, who are ready to take advantage of the natural resources they have in their backyard.
“For us as a government, we will improve on our revenue generation and, therefore, have the resources to be able to cater for the needs of our people.
“It is good to streamline the activities at the mining sites to standardise things and ensure the all stakeholders get the benefits – the community, the people and the government.”
The governor promised to cooperate with the Federal Government in whatever plan it has for the mining sector in the state.
He said the initiative is in line with the objectives of his government, which is to tap into all the available resources
He noted that he met with Minister of Mines and Steel Development Alhaji Bawa Bwari in Abuja last December on the possibility of Federal Government’s support or partnership with the state to boost mining.
Oyetola said he was also looking forward to the banana farming collaboration with the Federal Ministry of Agriculture.

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