AFRICA

Solid Mineral Sector Needs Dynamic Overhauling, Says  Osun Governor  Adeleke

Osun State Governor, Senator Ademola Adeleke, has stressed that the solid mineral sector needs a dynamic overhauling and go beyond selling of raw materials into the development of value chains to get added earnings and redouble Nigeria’s Gross Domestic Product (GDP).

He disclosed this on Monday, at the opening ceremony of the Nigeria Gemstones Conference held at the University of Ibadan Conference Hall, Ibadan, the Oyo State Capital.

The governor, represented by the Commissioner for Commerce and Industry, Rev. Bunmi Jenyo, described the conference as a “laudable effort which will serve as a wakeup call to managers of the economy and policy makers across board.”

According to him, “The gemstone sector is a multi-billion-dollar industry that has not received the right attention despite the push to diversify our national economy. It is, therefore, a welcome development that we are gathered here to deliberate on this sub- sector.

“We have a challenge to develop process capacity to add high value to our solid minerals. Specifically, gemstones present a high value opportunity for willing and enterprising Stakeholders to operate.”

Jenyo, who commended the organizers of the conference also said, “We can however not achieve much unless we engage the private sector more productively. The organized private sector remains the most viable vehicle to drive the value addition and expansion of our processing capacity.”

Oyo State Governor, ‘Seyi Makinde, also represented by the Secretary to the State Government (SSG), Prof. Olanike K. Adeyemo, pledged government’s support for the resolution of the conference.

Yinka Kolawole

Follow us on:

AriseNews

Recent Posts

Governor Okpebholo Credits Victory to God, Recalls Encounter With Dead Bat During Electioneering Process

Governor Okpebholo has reflected on election challenges, revealing his reliance on faith and recounting the…

14 mins ago

Man Killed by Own Explosives in Attempted Attack on Brazil’s Supreme Court

A man attempting to bomb Brazil's Supreme Court was killed by his own explosives in…

45 mins ago

Republicans Secures 218 US House Seats, Handing Donald Trump, the Party Control of Government

Republicans have gained a majority in the US House with 218 seats, granting Donald Trump…

48 mins ago

NNPC, Dangote Refinery Sign 10-Year Gas Supply Deal to Enhance Production

NNPC and Dangote Refinery have agreed on a decade-long gas supply deal aimed at increasing…

52 mins ago

Governor Otti Assures Success of Aba’s Inaugural International Trade Fair

Governor Otti has assured local and international businesses of a great experience at the inaugural…

1 hour ago

Egbetokun Urges Nigerians to Reflect on Their Responsibilities Before Criticising Government

Egbetokun has stressed that Nigerians should focus on their responsibilities before criticising government, linking governance…

1 hour ago