Value addition to be tied with solid mineral licence ‐-Alake

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The Minister for Solid Minerals Development, Mr. Dele Alake has canvassed for legislative support that will entrench local value addition in the mineral sector, asserting that it will generate massive employment to mineral endowed communities.

Alake disclosed this today during an oversight visit by members of the House Committee on Solid Minerals led by the committee’s Chairman Jonathan Gbefwi.

He explained that value addition and mineral processing as a key point of the Ministry’s 7 point agenda, offers enormous benefits to a mineral endowed country like Nigeria by providing jobs and maximizing natural resources.

He alluded to his recent successful promotional tours to mining conferences in Riyadh, Saudi Arabia and Cape Town, South Africa; to canvass for local value addition.

”The era of carting away solid minerals without commensurate value addition is over,” he said.

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