Minister of Solid Mineral Resources Dr. Kayode Fayemi
The Federal Government has set aside N5 billion to empower artisan miners across the country as part of measures to ensure participation of all Nigerians in economic development.
The Minister of Mines and Mineral Resources, Dr. Kayode Fayemi, disclosed this on Saturday when he inspected the gold mining site at Garin Awal at Fakai Local Government Area in Kebbi State.
“We have N5 Billion in Bank of Industry for the use of small scale artisan miners, not only for self-equipping but to contribute to the economic development of Kebbi state and Nigeria, so that our economy will grow,” he said.
Fayemi explained that ISS-Hass Ltd, a Chinese mining company, has been in the community exploiting gold for more than three years, but had failed to develop the area by establishing schools, building roads, as well as providing portable water and employment for the youth, as part of an agreement entered into with the company.
FG sets aside N5 Billion for local miners
