Mining Week 2023: Alake highlights key objectives to unlock the nation's mining potential

The minister of solid minerals development, Dele Alake, has said that the Nigerian mining sector stands as a cornerstone for economic growth and prosperity, bestowed with abundant mineral resources beneath its soil.

Telescope.ng reports that he said the upcoming 8th edition of the Nigeria Mining Week, themed “Unlocking Nigeria’s Mining Potential,” embodies the nation’s unwavering commitment to harness these resources for the greater good.

Acknowledging the sector’s pivotal role in diversifying the economy and generating employment opportunities, Alake expressed profound significance in fostering an environment of knowledge sharing, innovation, and sustainable practices.

The key objectives for the Nigeria Mining Week 2023 were outlined, encompassing:

1. Knowledge Sharing: The event aims to encourage the exchange of ideas and best practices among industry experts, stakeholders, and government officials to enhance competitiveness while upholding environmental, social, and governance standards.

2. Investment Promotion: Highlighting the investment opportunities within Nigeria’s mining landscape, inviting both local and international investors to explore and contribute to the sector’s growth and profitability.

3. Sustainable Practices: Emphasizing responsible mining practices that respect the environment, host communities, and cultural heritage.

4. Skills Development: Exploring avenues to enhance the skills and capabilities of the mining workforce, crucial for sustainable development and realizing the vision of making the “Earth Work For Us.”

5. Infrastructure Development: Discussing plans to enhance infrastructure in mining regions, facilitating the movement of goods and services and subsequently reducing operational costs for mining companies.

The event was seen as an opportunity for collective action and collaboration, aligning with the Nigerian government’s policy consistency and provision of necessary infrastructure to grow the mining sector, significantly contributing to the nation’s GDP.

Alake urged all Nigerians and mining industry stakeholders to leverage the incentives provided by the government to support the mining industry substantially and contribute to the economic diversification of the nation.

The event, scheduled for the 8th Edition of the Nigeria Mining Week, is expected to create a brighter future for the nation and its people by unlocking Nigeria’s mining potential.