Osun announces production of first gold bar, moves to tackle illegal mining

Osun Government has announced the production of its first gold bar, just as it also disclosed setting up a committee to address the issue of illegal solid minerals mining in the state.

Osun State Governor, Adegboyega Oyetola

Osun joins Zamfara State, which has also commenced production of gold bars.

Governor Adegboyega Oyetola made the disclosure in Osogbo, the Osun State capital, Tuesday, at an event to mark the day dedicated to the Federal Ministry of Mines and Steel Development at the South-West Local Governments Agriculture and Mineral Resources Trade Fair.

The governor, who was represented by his deputy, Benedict Alabi, explained that the strategies adopted included setting up a committee to handle mining issues and regulating mining activities by registering miners to guide against quackery, and illegal mining.

See also  Ebonyi NBA petitions police commissioner, other officers over murder of lawyer's wife

Oyetola added that holding meeting with the mining communities and the artisanal miners to sensitise them on relevant issues including security and conducive environment was vital to the growth of the sector.

“Recently, Osun produced the first gold through the Segilola Project. The above-mentioned comprehensive and strategic mechanisms will ensure seamless and productive mining activities.”

Remarking, Minister for Mines of Steel Development, Mr. Olamilekan Adegbite, harped on the need to add value to the country’s mineral resources.

“If you add value to gold, it will create more wealth for our people, it will create revenue for government, it will create employment for our people.

See also  PIA: IOCs plan $60 bn FID on 6 deepwater projects

“And at the same time, that knowledge will always be there and then we can produce what other people need instead of exporting raw ore and of course, which we did in oil and gas to our detriment.”

Leave a Reply

Your email address will not be published. Required fields are marked *