We prioritised mineral resources for economic growth – Osinbajo

Vice President Yemi Osinbajo, on Wednesday, said upon resumption to office in 2015, their administration intentionally prioritised development of mineral resources for the economic growth of Nigeria.

Osinbajo who represented the President Muhammadu Buhari, said this at the 6th edition of the Nigeria Mining Week that was held in Abuja, the Federal Capital Territory.

The Vice President said, “On behalf of President Muhammadu Buhari, I declared open the 6th edition of the Nigerian Mining Week and further reiterated our commitment to prioritising the development of Nigeria’s mineral resources as one of the frontiers for economic growth.

“Since the Administration came into office in 2015, it has intentionally prioritised the development of the country’s mineral resources as one of the frontiers for economic growth.

“This led to the comprehensive Roadmap for the Growth and Development of the Nigerian Mining Sector and we have steadily followed the steps set out in the roadmap,” he added.

Osinbajo also maintained that Buhari-led administration has committed more resources to development of the mining sector than any government in the history of the country.

Speaking further, Osinbajo declared, “Currently, we have a world-class gold mine running in Osun State, the Eko Gold Coin which has been refined to full 24-karat purity, mining industries that supply the coal needs of Dangote & Bua cement factories and a steel plant in the process of producing liquid steel from its iron ore mine in Kaduna, and more, all from natural resources sourced within Nigeria.

“It is my belief that this sector when fully developed, will outstrip other sectors in export earnings and opportunities,” he stressed.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button