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FG Must Reposition Mines Sector- MAN
March 2, 2009
  The National President, Miners Association of Nigeria (MAN), Mr. Sunday Ekosin, has called for the strategic positioning of the sector  to enable it make positive  contribution to the country's Gross Domestic Product (GDP).  Ekosin made this call yesterday during the Miners' National Congress which held at Febson Hotel, Abuja.

The MAN president charged the Federal Government to prioritise her strategy in the development of the sector by redirecting her scarce resources inward.  He said that millions of dollars have been expended and human resources dissipated over the same cause in past years, chasing foreign investors to the neglect of local investors and indigenous miners that exist in the country.  He lamented that it was unfortunate that till date in spite of the wastages, no single foreign investor own any mines in the country.  Ekosin said it would be unforgiveable if especially now in time of economic crisis, the mining sector was damaged by well meaning but misguided officials of the federal government. He noted with dismay that Nigeria Bureau of Statistics as at the end of December 2008, recorded only 0.31 per cent contribution to the GDP from the mining sector.

Proffering solution to the development of the solid mineral sector, Ekosin said all cadres of the government should as a matter of urgent importance, partner with the association to use mining as a veritable tool towards the realisation of the federal government's seven-point agenda. He also emphasised that effective and vibrant legislation was needed, coupled with modern mining equipment technological acquisition.  According to him, the sum of N230 billion was known to have accrued to the miners from the Natural Resources Fund (NRF).  He therefore appealed to the president and the Nigerian Senators to urgently issue a Modification Order and have the fund released to the miners for onward utilisation.

 
March 2, 2009
Kingsley Alu and Ekiverhere Oboh, Leadership Nigeria
 
 
 

 

   
   
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