Nigeria has resumed mining in Zamfara state after a five-year ban due to improved security. The Minister of Mining reported that illegal activities had exploited resources during the ban. The government aims to expand the mining sector’s contribution to the economy while pursuing foreign partnerships for support.
The Nigerian government has announced the resumption of mining operations in Zamfara State, a region noted for its significant deposits of gold, lithium, and copper. This decision follows a five-year suspension, which was implemented due to rampant banditry and security concerns affecting the area. Mining Minister Dele Alake highlighted that the improved security situation has now paved the way for legal mining activities to resume, with expectations that this sector will enhance the nation’s economic contributions beyond its current less than 1% of GDP.
Zamfara, located in northwestern Nigeria, has been at the center of extensive mineral resource exploitation, particularly gold and other valuable minerals. The cessation of legal mining shortchanged the economy while permitting illegal miners to exploit resources without oversight. As Nigeria seeks to diversify its economy from oil reliance, mining emerges as a key sector. Therefore, the government’s strategy includes reforms to attract investment, enforce regulation, and build capacity through international partnerships.
In conclusion, the lifting of the mining ban in Zamfara marks a significant step towards reviving the local economy and contributing to Nigeria’s broader economic diversification efforts. With anticipated increases in lawful mining activities and international support, Nigeria aims to enhance its mining sector’s productivity and revenue generation. The gradual recovery from past security issues underlines the importance of maintaining stability for sustainable economic growth.
Original Source: www.mining.com
