Tinubu to make solid minerals mainstay of economy, says Alake

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The Nation Newspaper Tinubu to make solid minerals mainstay of economy, says Alake

Minister of Solid Minerals Development, Dr. Oladele Alake has restated President Bola Ahmed Tinubu’s resolve to make the solid minerals the nation’s economic mainstay as oil fortunes dwindle globally.

He said: “Globally oil is dwindling. Minerals are rising and by the grace of God at the end of the gestation period of all our policy initiatives when the results begin to manifest across board. Nigeria will begin to grow, move on the Renewed Hope Agenda of Mr President, which is coming up to one year in a few weeks to come.

According to him, the system “seeks to cut the cost of investment research. Hitherto, many prospective investors physically travel to Nigeria to collect data on the geology, hydrology and even urban geography of the mining business. Today, we record a giant leap in investment prospecting. “It answers the question bothering any investor in the mines: Is there labour to employ? Is there a river or stream that I can use its water for processing? Is there a network of roads to haul my excavated materials to the factory?

 

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