The Federal Government of Nigeria recently announced a major policy shift by lifting the ban on mining activities in Zamfara State. This decision, as articulated by the Minister of State for Defense, Hon. Bello Mohammed Matawalle, is expected to usher in a new era of economic revitalization and development for the region.
The ban, initially imposed during President Muhammadu Buhari's administration due to escalating security concerns, had stifled the state's potential in harnessing its abundant mineral resources.
Zamfara State, often described as a hub of mineral wealth, boasts a rich array of natural resources including iron ore, gold, chromate, granite, clay, limestone, chamovita, and quartz.
The lifting of the ban is anticipated to attract both foreign and domestic investors eager to tap into these resources, particularly with the growing global interest in lithium, a key component in the manufacture of electric vehicles. "Many foreign nationals have shown interest in investing, particularly in lithium," Matawalle noted, highlighting the lucrative nature of this mineral in the current market.
The minister emphasized that the resumption of mining activities would not only draw investors but also create substantial job opportunities, especially for the youth. This move aligns with President Bola Ahmed Tinubu's broader economic strategy to stimulate growth and reduce poverty across Nigeria. "No responsible government can treat the issue of poverty, hunger, and starvation with a mere wave of the hand," Matawalle asserted, underscoring the administration's commitment to addressing socio-economic challenges.
The decision to lift the ban was made after Matawalle, along with other prominent figures, met with President Tinubu to discuss the potential benefits of reviving the mining sector in Zamfara. The president, known for his attentive leadership style, promptly approved their request, recognizing the strategic importance of leveraging the state's mineral resources for national development.
Matawalle expressed optimism that the influx of investment would lead to the establishment of processing companies within the state, thereby ensuring that the economic benefits remain localized. "By so doing, the indigenes of the states will have job opportunities and at the same time boost economic engagements, thereby improving their living standard," he explained.
This approach is expected to not only enhance the state's internally generated revenue (IGR) but also contribute to the overall economic stability of the northern region, which has historically been one of the poorest in the country.
In addition to economic gains, the lifting of the ban is seen as a strategic move to improve security in the region. With increased employment opportunities and economic activity, it is anticipated that crime rates will decrease as more individuals find gainful employment. Matawalle highlighted the importance of community support in this endeavor, urging the people of Zamfara to extend their cooperation to President Tinubu's administration.
The minister also addressed concerns about the Lakurawa terrorist group, assuring the public that recent military operations have significantly weakened their presence. "We actually dealt with them decisively and we leave no stone unturned on them," he stated, reinforcing the government's commitment to maintaining peace and security in the region.
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