FG Commited To Attracting Investments into Nigeria – Minister

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By; FUNMI ADERINTO, Kaduna

Federal Government has reiterated its Commitment  to attract serious investments into Nigeria to prioritize orderly and efficient development of the seven priority minerals in  mining roadmap.

Minister of State Mines and Steel Development, Dr Uchechukwu  Ogah Made this known on  Friday (day 2) at the Kaduna Investment Summit  6.0 with the  Theme : “Towards a Sustainable Knowledge-based economy held in Kaduna.


He said  Coal, Bitumen, Limestone, Iron Ore, Barites, Gold and Lead and Zinc Ore will strengthen collaboration with State Governments and relevant security agencies to ensure security and safety of mining areas.

According to him, the Federal  Government has also direct Intervention Fund under the National Integrated Mineral Exploration Project (NIMEP) which was designed to take advantage of the underexplored metallogenic belts.
‘”Which  is aimed at generating geoscience data capable of spurring investments into the sector. “The project is looking at commodities such as Gold, lead, zinc, tantalite, lithium, Iron Ore, Nickel etc.
“However, the Minerals and Metal community under the Ministry sees this as an indication of  understanding of the critical roles of the sector in the industrial development of the Nigerian economy,” he said. 
He applauded the giant strides of Kaduna State Government in the areas of attracting serious investment into the country and the state in particular which he said has  started to yield fruits.
 He noted that the present administration has not hidden its passion to provide the needed support to states that have demonstrated capacity to stimulate economic activities and Kaduna State under the government of el-Rufai  has been a shining example. 
According to him, President Buhari’s  vision of diversifying the Nigerian economy through the agricultural and minerals sectors  are resolved to give necessary support as the regulator cum administrator of the Mining industry.

In his goodwill message, Minister of Interior, Rauf Aregbesola said business will thrive in Kaduna State  while commending the Governor for organizing the summit.
While appreciating the theme for the summit saying that knowledge is the dominant  factor for production.
According to him, the  heart of growth and development is knowledge , this simply means you can undertake fish farming in the desert ” and still be more competitive than the farm on the edge of an ocean. 
” Being by the sea does not give you an advantage over the desert dweller who wants to have a fish farm “he said.
He noted that if knowledge is acquired and applied, there is possibility of rapid development.

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