Nigeria has approved N2.5 billion to acquire satellite surveillance devices to tackle illegal mining. The project aims to begin within a month, enhancing monitoring of mining activities and generating revenue. The government is also forming the Nigerian Mining Corporation, predominantly controlled by the private sector, to further strengthen its regulatory efforts.
The Nigerian government has allocated N2.5 billion for satellite surveillance technology aimed at eliminating illegal mining across the nation. Dele Alake, the Minister of Solid Minerals Development, announced that the project would commence within one month. This initiative aims to address unregulated and unlicensed mining, as well as to ensure accurate reporting of mineral production at mining sites.
Mr. Alake explained that these satellite gadgets will be strategically installed throughout the country, allowing real-time monitoring of mining operations. A centralized operations center will enable officials to access data regarding mineral extraction volumes, truck movements, and the surrounding security situation with just a click.
He estimated that Nigeria has lost trillions of Naira to illegal mining activities, emphasizing the revenue potential from combating such practices. Alake noted that illegal miners exploit the vast and challenging terrain of Nigeria, making comprehensive control difficult. Thus, introducing advanced technology is essential to monitor even remote mining activities.
In conjunction with the satellite project, the government is establishing the Nigerian Mining Corporation, which will be predominantly privately managed. The corporation’s equity structure will consist of 50% for the private sector, 25% for the government, and 25% for individuals. Alake announced the appointment of Martins Imoniti as CEO, emphasizing his experience in the Australian mining sector.
Addressing the challenge of state interference in mining, Mr. Alake noted that the federal government regulates all mining activities but is open to collaboration with states. He encouraged state governments to form special purpose vehicles to apply for mining licenses, thus promoting local involvement in mining.
Efforts to combat illegal mining extend beyond technology; Mr. Alake reported that law enforcement has apprehended over 320 illegal miners. Among these, around 150 individuals are undergoing prosecution, and several have been convicted, demonstrating the government’s commitment to tackling illegal mining alongside technological advancements.
The Nigerian government’s innovative strategy to combat illegal mining encompasses the use of advanced satellite surveillance technology and the establishment of the Nigerian Mining Corporation. With a substantial budget allocation and a keen focus on collaboration with state governments, this initiative aims to enhance monitoring, increase revenue, and mitigate illegal mining. The government’s actions reflect a commitment to regulatory oversight and enforcement, a step towards revitalizing the country’s mining sector.
Original Source: www.premiumtimesng.com
