Home Business FG Lifts Ban on Mining in Zamfara After Five Years
Business

FG Lifts Ban on Mining in Zamfara After Five Years

Share
Share

The Federal Government has lifted the ban on mining activities in Zamfara State, five years after it was imposed.

The Minister of Solid Minerals Development, Dele Alake, announced the decision, citing “significant improvements in the security situation” in the state.

Alake stated, “The existential threat to lives and properties that led to the 2019 ban has abated. The security operatives’ giant strides have led to a notable reduction in the level of insecurity.”

He noted that the ban inadvertently created a vacuum exploited by illegal miners, and its lifting would facilitate better regulation of mining activities and enable the state’s mining sector to contribute to national revenue.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

“The potential for Zamfara to contribute to national revenue is enormous,” Alake said. “With the ban on exploration lifted, Zamfara’s mining sector can gradually begin contributing to the nation’s revenue pool.”

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPCL Slashes Fuel Price to N895 per Litre Amidst Market Competition

NNPCL has reduced the pump price of premium motor spirit (PMS) to...

Business

Naira Currency Appreciates Against US Dollar Amid Policy Reforms

The Nigerian currency, Naira, has appreciated by ₦4.59 against the US dollar,...

Business

Mauritania’s Sidi Ould Tah Elected AfDB President, Pledges to Boost Africa’s Growth

Sidi Ould Tah from Mauritania has been elected as the ninth president...

Business

NLO Slaps Two-Year Ban, Heavy Fines on Four Clubs for Match-Fixing

NLO player ban: Upholding Integrity on the Pitch. How the Suspensions Reshape...

5win
RocketplayRocketplay casinoCasibom GirişJojobet GirişCasibom Giriş GüncelCasibom Giriş AdresiCandySpinzDafabet AppJeetwinRedbet SverigeViggoslotsCrazyBuzzer casinoCasibomJettbetKmsauto DownloadKmspico ActivatorSweet BonanzaCrazy TimeCrazy Time AppPlinko AppSugar rush