Federal Govt Promoting Climate Change Through Solid Minerals, Says Alake

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Minister of Solid Minerals Development, Dr Oladele Alake has stated that the decision of the federal government to diversify from hydrocarbons to making the

minerals sector a major revenue contributor to Nigeria’s gross domestic product is its contribution to climate change.

He stated that Nigeria had been operating a mono-cultural oil economy for long but that the diversification into solid minerals was overdue. To this end, the Minister emphasised that the Ministry is committed to making requisite policies that will sanitise and rejig the regulatory framework and to make it more conducive for local and foreign investors to play”.On the issue of incursion by the second tier of government into mining, Dr Alake stressed that the federal government will engage the state government and local government with a view to resolving surrounding issues within the ambit of the law.

 

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