Vice President Yemi Osinbajo said on Wednesday that when he took office in 2015 his administration had intentionally prioritized the development of mineral resources for Nigeria’s economic growth.
Osinbajo, who represents the President, Major General Muhammadu Buhari (Retired), said this at the 6th edition of Nigerian Mining Week held in Abuja, Federal Capital Territory.
Vice President said: “On behalf of President Muhammadu Buhari, I announce the opening of the 6th Nigerian Mining Week and reiterate our commitment to prioritizing the development of Nigeria’s mineral resources. as one of the frontiers of economic growth.
“Since the Administration came into office in 2015, it has intentionally prioritised the development of the country’s mineral resources as one of the frontiers for economic growth.
“This led to the comprehensive Roadmap for the Growth and Development of the Nigerian Mining Sector and we have steadily followed the steps set out in the roadmap,” he added.
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Osinbajo also maintained that Buhari-led administration has committed more resources to development of the mining sector than any government in the history of the country.
Speaking further, Osinbajo declared, “Currently, we have a world-class gold mine running in Osun State, the Eko Gold Coin which has been refined to full 24-karat purity, mining industries that supply the coal needs of Dangote & Bua cement factories and a steel plant in the process of producing liquid steel from its iron ore mine in Kaduna, and more, all from natural resources sourced within Nigeria
“It is my belief that this sector when fully developed, will outstrip other sectors in export earnings and opportunities,” he stressed.
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