Minister of Industry, Trade and Investment, Adeniyi Adebayo, yesterday, inaugurated a standing committee to set up centralised metal scrap dumpsites across all states of the federation including the Federal Capital Territory .
The terms of reference of the committee include: Interface with the 36 state governments for land allocation for the dump sites, come up with blueprint for the operations of the centralised scraps dump sites, come up with measures that will eliminate smuggling and exportation of metal scraps, create a framework for sensitising local metal scavengers on the need to embrace the system of centralised scrap dump sites, explore funding options for the project; and set up a framework for flagship...
Adebayo said: “On this basis, my Ministry finds it quite expedient to come up with appropriate mechanisms that will ensure sanity, growth and development of the iron and steel sector value chain, of which scrap and waste resources management is of paramount importance”.