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Fayemi Inaugurates Boards For Agencies, Parastatals Under Ministry



  …. Task Members On Transparency, Accoauntability, Team Work
The minister of Mines and Steel Development yesterday inaugurated the newly constituted Boards of agencies and parastatals under the  Ministry.
The agencies are The Nigerian Geological Survey Agency (NGSA),The National Steel Raw Materials Exploration Agency (NSRMEA), The National Metallurgical Development Centre (NMDC) and The Council of Nigerian Mining Engineers and Geoscientists (COMEG).
In his keynote address, the minister said “This event signals another important milestone in our efforts to consolidate on the gains of this administration’s reforms in the Nigerian Mining industry as evidenced by data from the National Bureau of Statistics, that indicate a strong sectoral contribution to our economic renaissance in recent times.
“The Mining sector remains crucial as one of the frontiers of the Federal Government’s recently launched ‘Economic Recovery & Growth Plan (2017-2020)’, in which the Minerals and Metals sector was duly recognised as one of those to drive Nigeria’s recovery.
The strategic document projected to grow sectoral contribution to GDP from N103 billion (2015) to N141 billion in 2020, at an average annual growth rate of 8.54%. Consequently, the Ministry has been selected as one of the critical players in the ERGP Focus Labs about to be launched by Mr. President this week.
Chairmen of the newly inaugurated boards for the agencies tespectively include: Rt. Hon. Emma Bassey, Nigerian Geological Survey Agency;  Dr. Yomi Finnih, National Steel Raw Materials Exploration Agency. Others are  Barrister Sebastine Ibezim, National Metallurgical Development Agency
and Chief Godspower Okpoi Council of Nigerian Mining Engineers and Geoscientists (COMEG)
According to him, the inauguration is timely and  in line with continuous efforts aimed at further strengthening the capacity of our ministry and her entities to fulfil our collective mandates of increasing the Mining sector’s contribution to our sovereign revenue, and significantly creating jobs, and broadening the range of economic opportunities available to young Nigerians.
The minister urged the Chairmen and Members of the board to embrace accountability as watch word, saying “As you join our team, you would find that as a family, we have developed a culture of transparency, accountability and inclusion in the governance of the sector.
“Our fidelity remains to the people of Nigeria, as we work towards ensuring our vast God-given mineral endowments advances the sustainable growth of the country,” he remarked.
Speaking on behalf of other members, the Board chairman of Nigerian Geographical Survey Agency Rt. Hon. Emma Bassey thanked the president for finding them worthy to serve in that capacity as a way to contribute their quota towards national development. They also promised to give the ministry of Mines and Steel development the needed cooperation towards revitalising the nation’s economy.


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