FG To Promote Local Industrialisation With 2024 Mining Week

The federal government will use the forthcoming Nigeria Mining Week to promote its critical minerals for domestic industrialisation and foreign investment.

Minister for Solid Minerals Development, Dr Dele Alake, made this known during a pre-event press briefing to announce the 9th Edition of the Nigeria Mining Week, which will be held from 18 to 20 November 2024.

Dr Alake, represented by the permanent secretary, Dr Mary Ogbe, highlighted the importance of the Nigeria Mining Week as a forum that promotes Nigeria’s critical minerals, which offers significant opportunities for domestic industrialisation and foreign investment.

To this end, he stated that the annual gathering has become the premier platform for stakeholders in the mining industry to engage in meaningful dialogue that will advance the sector.

‘’The Nigeria Mining Week has grown to become the premier platform for stakeholders in the mining industry, both within Nigeria and across the globe, to gather and engage in meaningful dialogue about the limitless opportunities that Nigeria’s Mining sector presents.

Dr Alake stated, “ This annual gathering has consistently catalysedadvancing the discourse on the critical role our mineral resources play in driving national economic growth.”

He averred that this year’s conference theme will use Nigeria’s vast mineral wealth for economic transformation.

He said,’’ The theme for this year’s conference, which we will reveal in the coming weeks, is centred on our shared commitment to utilising our vast mineral wealth to propel Nigeria’s economic transformation. This vision aligns with the federal government’s Renewed Hope Agenda, which emphasises value addition, job creation and positioning Nigeria as a strategic player in the global commodities market’’.

Furthermore, he revealed that discussions on this year’s Mining Week will revolve around critical issues affecting the mining sector, such as investment promotion, capacity building, technological advancements, and the importance of a well-structured community development agreement.

Esther Udoh, Director of the Investment Promotion and Mineral Trade Department in the ministry, said the themes would revolve around the regulatory framework in the sector, technology and innovation, social issues, environmental concerns,

For his part, the national president of the Miners Association of Nigeria, Mr Dele Ayanleke, affirmed that Nigeria Mining Week has lived up to its motto of “The One Event Shaping the Nigerian Mining Landscape.”

‘’The Nigeria Mining Week also provides an unparalleled exposition of whether large, medium or small-scale industry players, to the latest and emerging technologies and methodologies to enhance the high yield of returns on mining investments,’’ Ayanleke enthused.

Habeeb Jaiyeola, partner, mining sector, PriceWaterhouseCoopers (PWC) Nigeria, asserted that the Nigeria Mining Week continues to be a platform where critical progress, challenges, and development points for the Nigerian Mining sector are discussed and solutions are preferred to ensure that Mining in Nigeria becomes shared prosperity for all Nigerians.