PMB Tasks NMGS On Rejigging Nig’s Economy

17 March 2021 By Georgina Humphrey

The Nigerian Mining and Geosciences Society, NMGS, and other relevant Professional bodies in the sector have been urged to initiate programmes that will enhance the economic and infrastructural development of the country.

President Muhammadu Buhari, gave the charge at the Opening of the 56th Annual International Conference and Exhibition of the Nigerian Mining and Geosciences Society, NMGS, in Ibadan.

President Buhari reiterated his administration’s commitment to inclusive engagement of all stakeholders in the Nigeria developmental project.

“My Administration, since assumption of office, has stressed the need to have the Nigerian Professional bodies engaged as partners in developing the Nigeria of our choice, where poverty and backwardness in all sphere of the Nigerian lives will be more of an exemption rather than the norm.

Represented by the Minister of State Mines and Steel Development, Dr. Uchechukwu Sampson Ogah Who was conferred as fellow of the Society, the President explained that his administration’s determination to rejig the nation’s economy through the mineral and energy sectors is to diversify the economy.

He added that diversification has necessitated the roll-out of series of policy initiatives aimed at revamping the Nigerian economy that would be felt by vulnerable persons persons.

The President appreciated the Professional Societies and Associations for the massive technical support in helping the administration shape policies and initiatives in these sectors, adding that such technical support had indeed made the policies homegrown solutions.

“The development of the Roadmap for the Mineral Sector would not have been possible without the active collaboration of the NMGS and its members who assisted in getting critical details of the Roadmap developed and sustained implementation since it was launched.

The minister said the Roadmap provided a clear pathway for the development of a robust, resilient and sustainable mineral sector of the economy that contributes meaningfully to the nation’s GDP and most importantly provides jobs for the teeming army of the unemployed in the country.

In his remarks, the Executive Governor of Oyo State, Seyi Makinde said the Conference was timely, noting that the State is articulating a comprehensive framework that would lead to the evolution of a more vibrant industry that mirrors global best practices in the exploration and exploitation of mineral resources.

Governor Makinde stressed that the State was committed to unlocking the huge potential within the solid mineral sector for development of the State and benefit of the people.

“Every inch of land has something to offer in terms of solid minerals adding that the state have minerals amounting to billions of naira in the ground, waiting to be exploited” Gov Makinde added

In his welcome address, President of the Nigerian Mining and Geosciences Society, Obadiah Simon Nkom stated that the Society is on the right track to development as shown from its sustained efforts towards implementing the Mining Road Map.

He noted that the global pandemic had brought to fore the need to strengthen local capacity and have be self sufficient in all aspects.

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