HEIGHT OF AMBITION.................."Why Nigeria will Export Her Gold Next YEAR" -Minister of State of Mines and Steel Development
"More gold has been mined
from the thoughts of men than has been taken from the
earth"-Napoleon Hill
BY MIKE DE CERUTTI OSAGIE
Editor in Chief
WORLD LEADERS
When the dynamic duo of
Otunba Arc. Olamilekan Adegbite and Dr. Uche Sampson Ogah both
assumed office as Minister/Minister of State of Mines and Steel Development,
they both promised to take the state of mining in Nigeria to unprecedented
Olympic heights
Today with their tireless effort, it is most likely that their
vision may eventually turn the state of our mineral resources for good
To this end, the Minister of Mines and Steel Development, Arc.
Olamilekan Adegbite is saying it loud and clear for all to hear that
Nigeria will commence export of gold in 2021 and also encouraged potential
investors to take advantage of the opportunities offered by abundant solid
minerals in the country.
Arc. Adegbite stated this in a Position paper made available to
WORLD LEADERS ONLINE MAGAZINE, while giving an overview of the achievements and
challenges facing the Ministry.
He said, “The seven strategic minerals are being reviewed
because the world is going electrical and that is why these minerals are
called, minerals of the future.
“Nigeria has minerals in abundance that can be used to make battery
for electric vehicles since the demand for petrol is declining and for the sake
of these obvious facts, the Ministry is working to expand its strategic
minerals to include these minerals of the feature with the efforts being put by
the management and staff.
He noted that there are good results coming in because these
minerals are in actual facts available in huge commercial quantity, the sector
has caught the interest of investors such as the Segilola Gold project in Osun
State which has commenced operation and is being handled by Tour Exploration, a
Canadian company.
According to him, the Segilola Gold Project have gone
beyond exploration stage, and that they are building their mines already and by
the first quarter of 2021 they would start exporting gold from Nigeria.
The government is strongly supporting the project because it is
a proof of concept that most of the majors are waiting to see a success story
out of Nigeria and the ministry will do everything humanly possible to ensure
the Segelola project succeeds because the Nigerian government have put enough
incentives to attract foreign investors to the sector, which includes, tax
waiver, duty extensions, among others.
* OSAGIE DE CERUTTI,
(Africas foremost Humanitarian writer )
(Africas foremost Humanitarian writer )
Can be contacted on corporate or humanitarian courses via:
E:chiefcerrutti@gmail.com
E:chiefcerrutti@gmail.com
SMS ONLY +234 9030976003
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