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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Anambra State bans illegal mining, to recruit 200 disabled persons
The Governor of Anambra State, Willie Obiano has banned illegal mining and extraction of solid minerals in the state. The Guardian reports that the ban was announced by the governor while he was receiving a delegation from the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) in Awka, the state capital. The delegation is on a nationwide tour, The Guardian reports. ...
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 ...
Read More »FG to provide technical assistance on mining to states
Reports show that the Minister of Mines and Steel Development, Dr. Kayode Fayemi, said his ministry is set to provide logistics and technical assistance to state governments, in a bid to invest in the mining sector. National Mirror reports that the Special Assistant (Media) to the minister, Yinka Olabode, made this known in a statement made available to newsmen, Tuesday, in Abuja. According to the statement, the minister gave the hint when he ...
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