MetroBusinessNews

FG commences moves to halt export of unprocessed minerals  

Kayode Fayemi,

The Federal Government has commenced moves aimed at making it an offence for anyone to take unprocessed minerals out of Nigeria.
Kayode Fayemi, minister of mines and steel development, disclosed this Thursday in Lagos at a town hall meeting with stakeholders in the mining sector, according to a statement issued on Friday by Olayinka Oyebode, his special adviser on media.
The Stakeholder meeting was attended by representatives of local and international mining outfits, officials of federal, state and local governments, financial institutions, manufacturing companies, professional bodies, community organizations, security agencies and the civil society.
Fayemi noted that government was aware of activities of some foreign nationals who take unprocessed minerals out of the country through illegal routes, thereby denying the country of revenue accruable to it from its vast mineral endowment.
The minister agreed with stakeholders at the meeting that the activities of some foreigners who  take out unprocessed minerals had robbed the youth of the country of massive job opportunities in the mining sector.
He said the ministry is working with the customs service and other relevant security agencies to make it illegal for anyone to take out unprocessed minerals.

Fayemi said that, while unauthorized export of unprocessed minerals is injurious to the economic plan of the government, the ministry’s current focus is to ensure that operators set up plants in the country, process minerals and export finished products.
“Taking out unprocessed minerals under any guise is unacceptable and we have taken a firm position on this. We will make it difficult for anybody to take out unprocessed minerals, and we are working with the customs and other relevant security agencies to put an end to this,” the minister maintained.
He also said “we will support and encourage operators to set up plants, process the minerals here and you can then export it.”
Fayemi added that economic diversification and employment generation can only be realized with operators cooperating with government on its mining policy.
Speaking further, the minister said the government is taking the security of mines more seriously, adding that a special task force has been put in place to check nefarious activities in mining sites and also to ensure compliance with environmental and security regulations.
Fayemi announced that the Nigerian Police has responded to the security issue with the establishment of mines division in all its state commands.
The mine police, according to the minister, was structured after the mine police that was active in the sixties and seventies would help to halt criminal activities in the sector.
While noting that the country has one of the best mining laws, the minister said enforcement had always being a challenge.
He said many criminal minded individuals had taken advantage of this poor enforcement to enrich themselves at the expense of the country.
Fayemi, who lauded the inspector general of police, Ibrahim Idris, for the mine police initiative, urged artisanal and operators in the country to comply with regulations guiding the mining sector as contained in the Minerals and Mining Act 2007.

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