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Vision 20:2020 Realisable In 2015-Sada

May 18, 2011
 

The Minister of Mines and Steel Development, Musa Mohammed Sada, has said that the development of the mining sector would help in realising the vision 20;2020 by  2015.

The minister who was speaking at the official commissioning of the Nigeria Mining Cadastre office complex in Abuja yesterday, said that the ministry had delivered on all its promises and asserted that a sustainable foundation had been provided by government for the rapid development of the mining sector in Nigeria.

According to Sada” the impact of reforms was noticed in the industry as the contributions to the federal accounts and exports had increased by double digits” while assuring that “the future of mining in Nigeria was very bright”.

He maintained that “the establishment of a well organised, uniform and interactive cadastral system had been a priority objective of the mineral development policy of government.” He also informed that “a reliable and transparent mining cadastre system represented an essential component for the promotion of investments in the minerals sector as it provides the technical security for mining titles tenure,” emphasising that “no serious investor goes into a country with an opaque licencing system.”

Sada further asserted that prior to the reforms in 2005, the Cadastre system was poorly organised with an arbitrary licencing system which manifested lack of accurate and representative statistical data, a significant backlog of pending applications and several dormant mining titles which were largely not compliant with the legal dispositions as well as gaps in the available topographic map sheets which hindered the graphical positioning of the mining titles.

As a result of this, the reformed Cadastre system which was derived from the Minerals and Mining Act of 2007 he said, promotes access to mineral titles which is open to all investors on a level and equitable field, on a first come, first serve basis. It also guarantees security of mineral rights, the application of use it or lose it principle in mineral title application, provision for sound environmental controls and community developments agreements as well as the involvement of other stakeholders and the introduction of minimum work programme among others.

The minister maintained that since the creation of the Mining Cadastre office in 2005, the office had successfully generated a database which covered all mining titles and permits in the record of the ministry, hosted a stakeholders’ workshop on the new mining licence administration system, revalidated existing mineral titles using modern and scientific methods, digitalisation of analogue topographic sheets and the computerisation of system in collaboration with a German-based firm , Messrs GAF.

 

 
 May 18, 2011

 

 
 
 

 

   
   
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