FG initiates mineral resource development in all regions


Daniel Terungwa

The Federal Government of Nigeria has commenced the development of mineral resources in all six geopolitical regions.

This was revealed by the Minister of State, Mines and Steel Development, Dr Uchechukwu Ogah, at the 32nd Enugu International Trade Fair.

The Minister stated that the federal government has started the development of lead/zinc processing cluster in Ebonyi; and other mineral resources development in the region.

He added that the federal government would exploit comparative advantage and provide support to other production value chains in the nation’s economy, revealing that other salt and limestone facilities would be a needed boost for fertilizer operations.

Ogah brought to fore other mineral resource clusters including a Barite development area in Cross River State for export and for oil and gas production.

“It has also inspired innovative policy solutions to unexpected new challenges in the economic environment.

“I am confident that the Southeast will continue to be at the forefront of investment and industrial innovations to help steer Nigeria towards greater economic development,” he said.

“The pervasive economic disruptions induced by the COVID-19 pandemic have challenged nations to be innovate. One pivotal way that proactive countries are adapting to survive the challenging global economic disruptions is to accelerate the evolution of the industrial sector through innovations in the digital economy,” the Minister added.

Leave A Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More