The Nigerian government is investing N2.5 billion in satellite surveillance to combat illegal mining. The initiative aims to enhance oversight of mining operations and address extensive revenue losses. Plans include establishing a new mining corporation and encouraging state participation in licensing. Additionally, the government is prosecuting illegal miners to strengthen enforcement of mining regulations.
The Nigerian government has allocated N2.5 billion for satellite surveillance to effectively address illegal mining across the nation. Minister of Solid Minerals Development, Dele Alake, announced that the initiative will commence within one month and aims to tackle unregulated and unlicensed mining while also increasing transparency in mineral production reporting.
Minister Alake emphasized the advantages of the satellite project, detailing how it will facilitate real-time monitoring of mining operations, including extraction volumes and truck movements from sites. A centralized operational center will allow authorities to oversee mining activities nationwide.
Alake highlighted the extensive revenue losses attributed to illegal mining, which he described as “humongous.” He pointed out that illegal operations exploit Nigeria’s vast landscapes, making comprehensive control challenging. He asserted that technological advancements are essential to monitoring mining activities, even in remote areas.
In addition to the satellite program, the government is establishing the Nigerian Mining Corporation, entailing a public-private partnership with 50% equity allocated to private entities. The government will retain 25% stakeholder share, while the remaining 25% is designated for individuals. The appointed CEO, Martins Imoniti, was recruited from Australia, renowned for its mining industry expertise.
The minister also discussed state involvement in mining regulations. Although the federal government holds primary regulatory authority, there is encouragement for states to establish special purpose vehicles for obtaining mining licenses. He stated his commitment to working collaboratively with state governors to define the mining framework within their jurisdictions.
Furthermore, the government is actively combating illegal mining by apprehending and prosecuting offenders. Alake revealed that over 320 illegal miners have been produced to authorities recently, with several individuals currently under prosecution and some already convicted. This effort runs parallel to the introduction of technological solutions for monitoring mining activities.
In conclusion, Nigeria’s strategy to eradicate illegal mining includes satellite surveillance, a new mining corporation, collaborative state involvement, and a robust law enforcement approach against illegal miners. These initiatives aim to not only curb illegal activities but also enhance revenue generation within the sector. The government is determined to leverage technology for improved oversight and ensure regulations are followed. In highlighting the emphasis on technology and cooperation, Minister Alake’s announcements demonstrate a comprehensive approach to revitalizing Nigeria’s mining landscape and ensuring sustainable development.
Original Source: www.premiumtimesng.com
