Hon. Chief Solomon Kpomah, Chairman Udu Local Government Council has made it known that the potential for income generation and development of the Udu Local Government Area can only be enhanced when operations at the Premium Steel & Mines Limited plant are resumed; a reality that can only come to be when the Assets Management Company of Nigeria (AMCON) plays ...
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Ebonyi State shuts down three illegal mining sites
New Telegraph reports that Ebonyi state government has shut down illegal mining in Amaeka Ezza south local government area, Enyigba in Abakaliki local government and Ikwo local government areas of the state. According to New Telegraph, the Commissioner for Solid Mineral Development, Chief Sabinus Nwankwegu disclosed this during a meeting with informal miners in the affected illegal mining sites. “We ...
Read More »Ugwuanyi calls for Govs involvement in granting mining licence
The Governor of Enugu State, Ifeanyi Ugwuanyi, has urged the Federal Government to compel companies with licences or leases to mining fields in the state to start operations or have such rights revoked. According to Vanguard, the governor expressed that the practice of holding on to mining leases without utilising them could be eliminated if governors were involved in the review ...
Read More »FEC approves N30b intervention fund for mining sector development
Reports show that the Federal Executive Council, on Wednesday, has approved the release of a N30 billion intervention fund for mining sector development. The Guardian reports that the Minister of Mines and Steel, Kayode Fayemi, made it known that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from the oil sector. Addressing ...
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