The Nigerian Society of Economic Geologists (NSEG) has charged investors in the mining sectors to replicate the scenario in the oil and gas industry by promoting new indigenous mining outfits that could attract financing globally.
The society gave the charge at its 3rd international conference held at the Al-Hikmah university, Ilorin themed “Today and future trajectories of the minerals industry in Nigeria: from exploration to exploitation and local value addition”.
In a communique signed by the president and vice, Prof Abdulrazak Garba and Dr Jimoh Ajadi respectively at the end of the conference and made available to journalists in Ilorin on Wednesday, the conference also charged mining operators to ‘dutifully practice green environmental responsibility and ensure green operations as much as possible.
“Our society is ready to provide adequate advice to government on strategies for sustainable development vizaviz: Enhanced Exploration, Efficient Exploitation, Local Value Addition, and Stakeholders Engagement”, the communique reads .
The conference also resolved that “government should ensure that the solid mineral subsector dominates the GDP of the country.
“Stakeholders in the Mining sectors should finds olutions to illegal mining and the associated security challenges.
“Government should intensify effort in developing the mining sector rather than allowing non geologiststo overtake the industry”.
Meanwhile the society also at the conference elected new executives’council to run the affairs of the Society for the next two years (2024-2026) with Professor Olobaniyi as President.
The new exco includes: Prof Samuel Olobaniyi (President), (Vice President), Dr. Edwin Ekwo (General Secretary), and Dr. Gabriel Omolaiye (Assistant General Secretary).
Others are Hajiya Sefinatu Sani (Treasurer), Prof. Ifeanyi Andrew Oha (Financial Secretary), Mr. Francis Ekere (Publicity Secretary), and Prof. Nathaniel Goki (Editor-in-Chief).
