Solid Minerals surest Alternative To Petroelum – Expert



By kehinde Emmanuel, Ilorin


An industrialist, Engineer Babatunde Bamidele has lend his voice to Nigerians clamouring for alternative source of income for Nigeria as a way out of uncertainty and fluctuations in oil prices in the world.


Babatunde who said he has been in the mining and extractive industry since the past twenty years said that his industry is a sure alternative source of income better compared to the petroleum industry.


The industrialist made this assertion while being honoured with a chieftaincy title of Babalaje of Ikoyi Kingdom on Saturday at the palace of Oba Abdulyekeen Oladipupo Ayinla IV, Onioyi of Ikoyi.

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He said that the challenge of youth unemployment is best solved by empowering miners and operators in the extractive industry in a way that they would be able to employ the youths, saying that government cannot provide the jobs for all its youths.

The Balaje of Ikoyi also reiterated that as much as the activity of illegal miners remain a crime, they exist as a matter of necessity in that the need for a means of livelihood pushed most of them into the act and until government provides alternative source of livelihood, the fight against illegal mining would be a mirage.


The Chief also advised government at all levels to reconsider carving a role for traditional rulers because their redundancy will continue to spell doom for the nation even as made reference to happenings in the north east, adding that traditional rulers know their people better and have traditional ways of settling issues in their domain.

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Engineer Bamidele also chastised the clamour for N30,000 minimum wage stressing that what should be done first is a trim down of labour force because in his words, there are too many redundant staff in the service as case of one type writer to six typists.


He asked, “if individuals know how to manage their private business to make profits why should government run at a loss simply because they do not want to down size?”



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