Kogi to generate more revenue, build capacity in mining industry- Official

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Kogi Government on Wednesday, says it has concluded plans to generate an appreciable revenue and build capacity in mining industry from its mineral resources across the state.

 

Mr Otayitie Eminefo, the Special Adviser on Energy and Power to the governor told the News Agency of Nigeria (NAN) in Lokoja, that Kogi House of Assembly had recently passed a bill on Kogi State Mineral Resources Development Agency (MRDA) into law.

 

 

He said the bill that established the agency was initiated and drafted by his office authorised by the governor; the first time Kogi would have a regulatory body for mining industry.

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He said that the bill was designed to provide effective participation, exploration and exploitation of the mineral resources within the state by the government.

 

 

He said that the agency was basically to generate revenue, build capacity and ensure that the used facilities by mining companies such as roads, water and land, are replenished.

 

“The agency will be a one stop-shop for all mining activities within the state, and maximises revenue that come from mineral resources within its borders.

 

“It will ensure a cohensive funding for miners and increase their capacity, while protecting the citizens from sufferring through mining activities within the state.

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“Ensure that the host communities benefit maximally to the full extent as allowed by the Mineral and Mines a Act of 2005, from the activities of the mining companies,” he said.

 

Eminefo added that the bill was designed to create legislation around the guiding acts of the industry, which was the Minerals and Mines Act of 2005 passed by the National Assembly.

 

He said: “Although mining is under the exclusive list, it does not stop the state from legislating around the act to protect the state’s interest in the mining industry.

 

“Regulation is done by the Federal Ministry, but this agency would ensure that it had a full list of miners and mining companies who are operating within the state.

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“The agency will collaborate with security agencies to ensure that the right thing is done in terms of the environmental impact assesment plans as the miners carried out their activities.

 

“The agency will oversee the aspect that deals with the state including the local governments, which have share of the revenue generated within their borders.”

 

Eminefo, who doubles as the Chairman of The Petroleum Products Monitoring Committe to commended the governor for his foresight in pushing the bill, and the State Assembly for its passage.




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