In order to achieve its mandate of diversifying the economy and growing the Gross Domestic Product (GDP) of the country, the Ministry of Mines and Steel Development (MMSD) says it will support the development of Mineral Resources that abound in Kaduna State.
The Minister of State for Mines and Steel Development, Dr Uchechukwu Sampson Ogah gave the assurance while delivering his address at the 2021 Kaduna State Economic and Investment Summt, Kadinvest, with the theme “Towards Sustainable Knowledge-based Economy,” on Friday.
While saying that Kaduna State is host to some key agencies of the ministry such as the Nigerian Geological Survey Agency (NGSA) Laboratory and the National Steel Raw Materials Exploration Agency (NSRMEA), the minister was optimistic that reliable information from the Agencies on the Minerals and Metal sector will guide prospective investors in making knowledge-based decisions.
While the mandate of the NGSA is to generate reliable geosciences data on minerals of interest, the Mining Cadastre Office exists for mineral title administration.
He said the Federal Government, through the NGSA, has generated preliminary geosciences data that can guide prospective investors on the proper identification of “hot spot” areas for detailed exploration across Kaduna State, adding that mining is an information-based investment which when done with credible geoscience information, will attract serious mining investments into the state.
Dr Ogah, who noted that Kaduna is strategically located in the mineral map of Nigeria, stated that the state is endowed with a lot of solid minerals, especially minerals of the future. He enjoined prospective investors to liaise with relevant agencies of the Ministry of Mines and Steel development for necessary information to guide them in making their investment decisions.
He commended the Governor of Kaduna State, Mallam Nasir El-Rufai for keying into Mr. President’s vision of diversifying the Nigerian economy through the Agricultural and Minerals sectors, saying that the initiative would attract investors to the country and the state in particular.
Speaking, Governor of Kaduna State, Nasir El-Rufai disclosed that the state government has attracted $2.8 billion investments and created about 100,000 direct and indirect jobs since the inception of Kadinvest in 2016, as well as risen from 14th to 4th position in Internally Generated Revenue (IGR) raking-in the sum of N50.7 billion in 2020.
The governor said the state has signed an agreement with Arla of Denmark to build a ranch that would settle 1,000 Fulani herders and their families with all facilities; grass, water, schools, hospitals at the cost of N12 billion. Of the stated sum, N8 billion is from CBN while N2 billion from Kaduna state. Arla will contribute €5 million.
Governor El-Rufai while noting that more than 80% of its population is below 65 years most of who live in the urban centers of Kaduna, Zaria and Kafanchan, said the state needed jobs and infrastructural investment, adding that Kaduna state is investing N80 billion Naira on massive road infrastructure in Kaduna, Zaria and Kafanchan.
In his remarks, former Emir of Kano, Muhammadu Sanusi II, and Vice Chairman, Kaduna Investment Promotion Agency KADIPA, noted that Kaduna State Government’s initiative to think ahead by initiating the KadInvest will attract foreign investors as well as reduce poverty and increase per capita income of the State.
He disclosed that the commitment of the State Government in ensuring a knowledge based economy to meet the current realities has resulted in Kaduna State being the pilot State of the MTN Education programme which aims at improving the quality of education.