✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

‘FG collaborating with states to develop mining sector’

The Minister of State, Mines and Steel Development, Dr Uchechukwu Sampson Ogah, has said the Federal Government is collaborating with state governments to develop the…

The Minister of State, Mines and Steel Development, Dr Uchechukwu Sampson Ogah, has said the Federal Government is collaborating with state governments to develop the mining sector.

Ogah said this on Wednesday in an interview session with select journalist in Abuja to mark his one year in office alongside the senior Minister Arch. Olamilekan Adegbite.

“You can never imagine that many State governments never knew they have 13% derivation from revenue of minerals that are mined in their states. Governors are getting agitated to invest in the mining sector. There is this dawning that the mining sector is the next solution to the oil sector.” he said.

The Minister also said the Federal Government through the Ministry is attracting a lot of investors from the private sector.

“Today, we are attracting a lot of investors from the private sector as well. One thing with the private sector is that when they have credible people at the helm of affairs, you see investors want to come. So we are seeing investors calling and saying they want to be part of mining in Nigeria.

VERIFIED: It is now possible to live in Nigeria and earn salary in US Dollars with premium domains, you can earn as much as $12,000 (₦18 Million).
Click here to start.