Business

KNSG Sets to Explores Mineral Resources to Improve Economy

Written by Pyramid FM Kano

The Kano State Government pledged to commences exploration of huge deposit mineral resources in the state in it’s efforts to improve economy and generates Employment to the timing youths.

The State Commissioner of Finance and Economic Development, Alhaji Adamu Abdu Fanda disclosed this while receiving delegates from Revenue Mobilization Allocation and Fiscal Commission (RMAFC), a federal government agency responsible for overseeing countries wealth allocation formula at his office.

The commissioner represented by Permanent Secretary of the ministry, Dr Lawan Shehu Abdulwahab also stated that Kano state is bless with abundance minerals resources which if utilize will certainly boost the economy and create wealth for the people of the state and Nigeria in general.

Maintaining that natural resources would make the state self dependent in terms of revenue generation and create employment opportunities to the teeming youth across the country.

The Commissioner therefore appealed to the stakeholders in the mining industries especially whose secured mining licenses and were yet to commences operation to allow other prospectives miners to fully participate in businesses.

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In a statement signed by cheif information Officer of the Ministry Bashir Habib Yahaya also quoted the commissioner as advising relevant agencies responsible for the allocation of mining licenses to revoke the licenses of those who have the permission but did not start explorations.

Earlier, the Commissioner representing Kano state in the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Barrister Faruk Umar Abdullahi revealed that the commission has begins a nation wide monitoring of revenue collection and activities of miners at the state and local government councils levels.

Barrister Abdullahi who was represented by Alhaji Tanimu Adamu Aliyu, director in the Commission also advised the state government to immediately establish a fordable committee that would in synergy rapid development of mining sector .

He said they have discovered during recent tours of a huge and untapped mineral resources that includes gold, asphalt and quarry in various areas that generate revenue and employment opportunities to the state.

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According to him, a committee was established with the mandate of identify challenges, proper solutions and way forward in the mining sector in the state.

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