The policy will empower the ministry to act precisely on various issues, including security measures, combating illegal mining activities across the country, and securing Nigeria’s economic survival.
The Federal Executive Council has approved a draft policy for the solid minerals sector, encompassing oil activities, operations, guidelines, regulatory framework, sourcing, and mining, among other dynamics in the sector.
He said the approval empowered the ministry to act precisely on various issues, including security measures, combating illegal mining activities across the country, and securing Nigeria’s economic survival. “Illegal mining activities, from artisanal miners to high-level involvement, are significant challenges,” he said.
“This makes the sector more investor-friendly, ensuring security and stability for investments, and attracting both local and foreign investors.
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