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Lokoja, Kogi State – April 10, 2025 — In a daring step towards financial diversification, Kogi State Governor, Ahmed Usman Ododo, has unveiled state-of-the-art mining gear and introduced the acquisition of 15 mining licenses to kick-start large-scale exploration and growth of the state’s huge stable mineral assets.
The revealing ceremony, held on the Muhammadu Buhari Civic Centre in Lokoja on Friday, was described as a turning level in Kogi’s financial transformation by the Governor’s Particular Adviser on Media, Ismaila Isah.
In line with the assertion, Governor Ododo emphasised that the newly acquired mining licenses and gear will place Kogi as a number one state in Nigeria’s mining business. He added that the initiative goals to cut back the state’s dependence on federal allocations by harnessing native assets for internally generated income.
“It is a strategic transfer to harness our pure assets and cut back our reliance on federal allocations. The 15 licenses secured will enable Kogi to start large-scale exploration and mining, making certain sustainable financial development,” the governor stated.
Kogi State is endowed with over 30 stable minerals in industrial portions, together with gold, lithium, coal, and limestone, a lot of which stay untapped. Governor Ododo said that the brand new mining effort is not going to solely diversify the economic system but in addition create job alternatives and enhance the livelihoods of residents throughout the state.
“Kogi will now not await federal allocations however will take its future into its personal palms by means of this mining initiative,” he declared.
Talking through the occasion, the Commissioner for Strong Minerals and Pure Sources, Engr. Bashiru Gegu, reaffirmed the state’s readiness to play a number one position in Nigeria’s mining sector. He stated the 15 mining licenses have been secured by means of the Kogi State Strong Mineral Processing Firm Restricted, and the state is now ready for quick exploration and mining operations.
“Being a significant participant within the mining sector requires gear, legal guidelines, and insurance policies. We’re ready to fulfill these necessities,” Engr. Gegu famous.
He described the mining sector as an important revenue-generating business and reiterated the federal government’s dedication to making a stable authorized and operational framework to make sure the sustainable growth of the sector.
With this growth, Kogi State joins the league of sub-national entities leveraging Nigeria’s untapped stable minerals potential for financial development.
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