Federal Government Lifts Mining Ban in Zamfara After Five Years, Cites Improved Security

Date: 22-12-2024 8:57 pm (4 months ago) | Author: Mister Jay Wonder
- at 22-12-2024 08:57 PM (4 months ago)
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The Federal Government has officially lifted the five-year ban on mining activities in Zamfara State, marking a pivotal moment for the region’s mineral-rich economy. The announcement was made on Sunday, December 22, by the Minister of Solid Minerals Development, Dele Alake, through his representative, Segun Tomori, during a press briefing in Abuja. 

“The Federal Government has lifted the ban on mining exploration activities in Zamfara State, citing significant improvements in the security situation across the state,” the statement declared. 

Zamfara, renowned for its abundant deposits of gold, lithium, and copper, is poised to benefit from the reopening of its mining sector. “Nigeria has much to gain from reawakened economic activities in a state imbued with such vast mineral wealth,” Alake noted. 

The ban, imposed in 2019 due to escalating insecurity, aimed to curb the activities of armed groups exploiting the region's resources. However, Alake acknowledged that the policy inadvertently fueled illegal mining operations, which drained the nation’s resources. 

“The existential threats that necessitated the ban have significantly reduced, thanks to the giant strides of security operatives,” Alake stated. He credited intelligence-driven operations under President Tinubu’s administration for neutralizing key bandit leaders, including the recent capture of Halilu Sububu, a notorious commander. 

With the ban lifted, the government plans to regulate mining activities more effectively, ensuring that the nation reaps the benefits of Zamfara’s mineral resources while curbing illegal practices. Alake emphasized that this would enhance revenue generation and boost investor confidence in the sector. 

The minister also addressed public concerns regarding a Memorandum of Understanding (MOU) with France, clarifying that the agreement focuses on capacity building and technical support rather than ceding control of Nigeria’s mineral resources. “We have similar agreements with Germany and Australia. These partnerships aim to strengthen our mining sector, not compromise our sovereignty,” he explained. 

Alake concluded by commending the media for its role in reforming the mining sector and attracting foreign investment. “Your efforts in promoting transparency and market reforms have been crucial to making the industry appealing to both local and international investors,” he remarked. 

With the mining sector in Zamfara set to resume, the government hopes to harness the state’s mineral wealth for national economic growth while maintaining a firm grip on security and regulation. 


Posted: at 22-12-2024 08:57 PM (4 months ago) | Addicted Hero
- gogoman at 22-12-2024 09:20 PM (4 months ago)
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Posted: at 22-12-2024 09:20 PM (4 months ago) | Grande Master
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