Global economic meltdown: Masari calls for increased investment in mining

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Bello Masari
Katsina Gov. – Bello Masari

Katsina state Governor, Aminu Bello Masari has said investing more in the mining sub sector could help cushion the impact of the current global economic meltdown.

Masari stated this while receiving the Minister of State for Mines and steel Development, Dr Okechuku Samson who paid him courtesy call at government house Katsina, also stressed the need for collaboration with federal ministry of Mines and steel Development for Investments in the mining sub sector.

”the current economic downtown in not only Nigeria but globally made it imperative for the three tiers of government to resolve contentious issues for the country to harness the resources for economic growth and development’’.

‘’although the mineral resources had been placed in the exclusive lists in the 1999 Constitution as amended, the land in which the mineral deposits are belonged to the state governments.

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‘’For an effective mining to take place, the current insecurity had to be brought under control, a strong legislation, synergy between the tiers of government and a strong judicial system should be in place otherwise investors will not bring the needed capital.”

Earlier, the Minister told Governor Masari that he was in Katsina to kick start nationwide sensitization campaigns on the diversification programme of President Muhammadu Buhari led administration in the country.

He also spoke at length on the activities of the ministry emphasizing on the need for synergy between the federal government, states governments, the local governments and traditional rulers to make the new Mining Act to work in the country. He called for the de-freezing of mining fields in the states

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The Minister was accompanied by some management staff of the ministry including the leadership of the National Association of Miners as well as the Chairman of the state chapter of the Mining Association.

The Katsina State Commissioner for Resource Development, Alhaji Abdullah Imam, in an address at the occasion, disclosed that the state government had synergy with the federal Ministry on matters affecting the mining sector.

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