The Minister of Solid Minerals Development, Dele Alake said Nigeria’s mining sector would experience a major leap in 2024.
Alake said the leap would be towards contributing substantially to the nation’s gross domestic product (GDP).
The special assistant on media to the minister, Segun Tomori made this known in a press statement.
According to him, Alake said this in his New Year goodwill message to Nigerians.
He added: “Alake reiterated that President Bola Tinubu’s vision of diversifying the economy through renewed focus on solid minerals is on course, asserting that reforms in the sector will yield tremendous results in the New Year.
“I felicitate Nigerians for making it through 2023 into the year 2024. It is pertinent that we collectively look forward to the horizon of the new year, with renewed hope, especially because it signposts the first fiscal year of the Tinubu administration.
“On our part in the solid minerals development ministry, we will be consolidating on reforms that commenced with our ambitious 7-point agenda, on assumption of office, four months ago. Nigerians are rest assured that an efficient governance structure that will transform the opaque nature of the mining sector will crystallise in the New Year.
“It will be recalled that we had revoked 1,633 mining licenses of those that defaulted in the payment of annual service fees last year. More revocation is in the offing for other categories of defaulters in 2024”.
