FG Declares War on Sharp Practices in Mining Sector….details

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CBN

The days of cutting corners in the solid minerals sector are over, President Bola Ahmed Tinubu warned yesterday.

 

He asked companies and public servants involved in the act to stop or face the wrath of the law.

 

CBN

The President, represented by Secretary to the Federal Government Dr. George Akume, spoke at the second edition of the Africa Natural Resources and Energy Investment Summit (AFNIS) in Abuja.

 

He stressed that while the government welcomes genuine investors who share its vision, it would punish economic saboteurs hindering the ease of doing business and efforts to enable the sector to support economic transformation.

 

Speaking on the conference theme: “Towards a just transition,” President Tinubu said the country’s natural resources must be mobilised for development.

 

He said Mr Oladele Alake was appointed Minister of Solid Minerals to sanitise the sector, adding that the Federal Executive Council (FEC) adopted his seven-point agenda to turn the industry around.

 

The President urged the governors to forge a common front with the Federal Government to increase mining’s contribution to the economy.

 

(The Nation)

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