Govt. Plans Support For Mining Firms’ Local Content.

Minister of Solid Minerals Development, Dr. Dele Alake says the federal government is ready to support mining companies that place a premium on local content in their operations.

Speaking during a site tour of the Segilola Resources Operating Limited, an indigenous gold mining company in Ilesha, Osun State, the minister lauded the extensive work that has gone into the facility, expressing delight that over 95 per cent of its staff are Nigerians, and urged other operators to take a cue from them.

He advised mining companies to emulate the international best practices of the Segilola gold project to develop the sector, and commended the high Nigerian component of the project.

A statement signed by the minister’s special assistant on media in Abuja, the minister also praised the company’s tenacity of purpose and efficient methods deployed to push through with its vision, despite daunting challenges at inception, stressing that his focus has been to redirect local and international attention to the mining sector.

 Alake also said, the implementation of his 7-point agenda is to reposition the mining sector and expressed the commitment of the federal government to support mining companies that place a premium on local content in their operations.