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  • 2022-03-24
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Why we released N142.6m to academia for R&D in solid minerals. Minister

The Federal Government has released the sum of N142.6m to the academia for Research and Development in the Minerals and Metals Sector, the Minister of Mines and Steel Development, Arc Olamilekan Adegbite has said. He said research into solid minerals will open up new vistas in knowledge and opportunities that will strengthen efforts of the administration to achieve mandate success, especially the diversification of the economy. He made the disclosure on Tuesday, in Abuja at a stakeholders Validation Exercise for the Research Development and Collaboration with some Nigerian Tertiary Institutions.

Ijomah Opia, who confirmed the development to to our correspondent on behalf of the Director, Press in the minister, said: The Minister named the institutions as follows; University of Ibadan, University of Port-Harcourt, University of Lagos, University of Jos, Ebonyi State University, Nasarawa State University, Federal University of Technology, The Kaduna Polytechnic, Ibrahim Badamasi Babangida University amongst others. According to the minister, the institutions were carefully selected by independent faculty of five erudite professors of proven integrity who have contributed to the growth of the sector. The research covers areas of Mining Engineering, Metallurgy and Mineral Processing, Geological Mapping, Industrial and Minerals Utilization/Exports and Energy Minerals. The Minister further explained that in order to succeed in fulfilling the mandate of the Ministry on job creation, increasing the contribution of the sector to GDP, and promoting sustainable mining, the Ministry released the sum of N142.6 million to the institutional stakeholders whose knowledge of the sector could facilitate the journey to shared mining prosperity. He also added that in order to show the importance of the collaboration and to authenticate the findings of the research, it is important for stakeholders to validate the exercise hence the essence of the workshop.

The Permanent Secretary, Dr. Oluwatoyin Akinlade, who was represented by the Director, Special Duties, Mr. Yisau Adepoju, said the collaboration was one of the many efforts of the ministry to rejuvenate the sector, adding that it is crucial to collaborate with reputable institutions who are able to carry out research in relevant areas. He said the areas will open new frontiers in the Mining sector by providing the much-needed data on the Nigerian Solid Mineral sector endorsement. While saying that it is gratifying that the institutions have completed their works, the Permanent Secretary explained that the stakeholders validation exercise became necessary as a way of giving life to research findings. According to Akinlade, the validation of the research findings by stakeholders will unlock the potentials of the sector and add value to the mining sector. She assured stakeholders of the readiness of the ministry to collaborate with interested stakeholders in the areas of research, exploration, exploitation, beneficiation and the whole length of the value chain in the sector, especially the gaps that would be identified in the research to create confidence as well as attract investors to the sector.

The Chairman of the committee, Prof. Gbenga Okunola, thanked the Ministry for the privilege to serve, stating that nations develop as a result of collaborative research and development and that the objective of the Steering Committee is to help achieve the development mantra in the minerals and metals sector through collaborative research works.

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