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Tinubu identifies solid minerals for economic diversification – Alake

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Ibrahim Ramalan
Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
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The Minister of Solid Minerals Development, Dr Dele Alake, says President Bola Tinubu has identified the solid minerals sector as a pillar of Nigeria’s current efforts to diversify the economy.

Mr Alake made the disclosure while discussing prospects for deep sea mining in Nigeria’s coastal waters during a visit to the Commonwealth Secretariat in the United Kingdom, according to a statement.

The statement issued in Abuja on Monday was signed by Alake’s Special Adviser, Kehinde Bamigbetan.

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Mr Alake said that the ministry had developed a seven-point agenda that included establishment of a solid minerals company.

He said that the agenda also included gathering of big data on minerals reserves to keep mines safe, among other things.

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He added that the agenda included socio-economic development of mining communities through effective community development agreements.

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The minister urged that the Commonwealth should support efforts of the Tinubu administration.

He said that the ministry would study a dimension of deep-sea mining, in collaboration with other ministries, and put together a proposal for further consideration.

Commonwealth’s Senior Director of Trade, Oceans and Natural Resources Department, Paul Kautoke, praised the Nigerian delegation for visiting the Commonwealth Secretariat.

Mr Kautoke said that Nigeria, as a coastal country, could explore the prospects of  deep sea minerals such as copper, cobalt, nickel, gold and rare earth elements.

He said that many Commonwealth countries in the Pacific region were making inroads into deep-sea mining.

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He said that the Commonwealth could assist in developing a policy, in that regard, for Nigeria.

NAN

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