Powerful Nigerians in illegal mining are the ones funding banditry, terrorism —Minister, Alake
The Minister of Solid Minerals, Dele Alake, has alleged that powerful Nigerians involved in illegal mining were responsible for criminals activities, including sponsoring terrorism, and banditry in the country.
Alake, who made the accusation on Tuesday, when he appeared before the House of Representatives Committee on Solid Minerals for the 2024 budget defence in Abuja, insisted that banditry and terrorism were being sponsored by illegal miners, stressing that they are not people who pick gold on the ground but powerful individuals in the country.
He added that the majority of the illegal miners were not foreigners, and that those of them involved in it have no proper immigration.
He noted that to generate the needed revenue from mining, there was a need to have a formal structure that the multinationals could deal with, just like the Nigeria National Petroleum Company Ltd.
The Minister revealed that the conservative amount of minerals deposited in the country is over 700 billion dollars, adding that in Nigeria had not even accessed a quarter of what it has.
Powerful Nigerians in illegal mining are the ones funding banditry, terrorism —Minister, Alake
The Minister of Solid Minerals, Dele Alake, has alleged that powerful Nigerians involved in illegal mining were responsible for criminals activities, including sponsoring terrorism, and banditry in the country.
Alake, who made the accusation on Tuesday, when he appeared before the House of Representatives Committee on Solid Minerals for the 2024 budget defence in Abuja, insisted that banditry and terrorism were being sponsored by illegal miners, stressing that they are not people who pick gold on the ground but powerful individuals in the country.
He added that the majority of the illegal miners were not foreigners, and that those of them involved in it have no proper immigration.
He noted that to generate the needed revenue from mining, there was a need to have a formal structure that the multinationals could deal with, just like the Nigeria National Petroleum Company Ltd.
The Minister revealed that the conservative amount of minerals deposited in the country is over 700 billion dollars, adding that in Nigeria had not even accessed a quarter of what it has.
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