Tackling illegal mining key to increased revenue— NGO

Aisha Umaru
2 Min Read
Disclosure: This website may contain affiliate links, which means I may earn a commission if you click on the link and make a purchase. I only recommend products or services that I personally use and believe will add value to my readers. Your support is appreciated!

An NGO, the Renevlyn Development Initiative (RDI), has called for stronger actions against illegal mining in order to boost Nigeria’s rising mining revenue.

RDI`s Executive Director, Mr Philip Jakpor, made the call in an interview with our Correspondent on Sunday in Abuja.

Freedomonline recalls that the Minister of Solid Minerals Development, Dele Alake, has stated that the sector’s revenue rose from ₦6 billion in 2023 to ₦38 billion in 2024.

READ ALSO:  Adesina Recalls Buhari’s Stern Command to Security Chiefs

Alake said that this was due to tighter licensing, a crackdown on illegal mining, and a policy that promotes mineral processing in line with value addition.

Jakpor described the significant increase in Nigeria’s solid mineral earnings as positive but still a far cry from the country’s potential.

“The quantum leap in Nigeria’s earnings from solid minerals is a good development but still a far cry from where we should be as a nation because the government is yet to plug the economic losses attributable to illegal mining.

READ ALSO:  Nigeria Open Contracting Portal saved govt N173 billion in first half 2025 – BPP

“The value addition that the minister alluded to is disputable because most of the firms involved in mining are still foreign firms that export the minerals raw, that is why illegal mining persists. We need to see concrete steps to stop illegal mining,” he said.

According to him, Nigeria’s mining standards are inadequate, and the government should enforce standards that mining firms must meet to operate in the country.

READ ALSO:  Peter Obi warns Nigeria’s debt may surpass N200 trillion by end of 2025 

He said the move would help address hazards that miners were exposed to, such as mines collapses.

SHARE THIS:
Share This Article
Leave a Comment

Leave a Reply