Companies in Nigeria’s mining sector including other operators in the Minerals and Metals Sector have been urged to operate within the operational guidelines in the nation’s Mining Act.
The Minister of Mines and Steel Development, Olamilekan Adegbite made the call in Abuja when he played host to the Governor of Taraba state, Darius Ishaku.
While he commended Governor Ishaku for his determination to improve the economic status of Taraba through mining and making efforts to visit the Ministry to seek clarification on development in the sector to “Know exactly what Taraba State is doing right or wrong in mineral exploration”, the Minister assured that States would be carried along in the efforts geared towards sanitizing the sector to make it viable for investment.
Adegbite noted that Taraba State is richly endowed with abundant mineral resources especially Gemstone which is a veritable source of revenue generation, but said that mining of the minerals by mining companies must follow laid down procedures including obtaining operational mining licenses as well as payment of royalties to Federal Government.
In his remark earlier, the Taraba State Governor, Darius Ishaku said the purpose of his visit was for Taraba State to be carried along by the Federal Government in its plan on mineral exploration and mining.
He said they were a lot of illegal miners operating in the state and has come to the ministry to seek ways utilizing opportunities that would place the state in the right path to benefit maximally from mining of mineral resources in the Taraba.