(AGENDAWATCHDOG) – The federal government has harped on the need for more collaboration with the Cross Rivers State Government in the exploitation of its huge solid minerals potential.
The Minister of Solid Minerals, Sampson Ugah, who stated this in Calabar, Cross Rivers State, while on a courtesy visit to the state governor, said that both levels of government needed to work hand-in-hand to harness the over 33 solid mineral deposits that the state was endowed with to their mutual benefit.
Ugah added that President Buhari was committed to reviving the solid minerals sector, with the intention of diversifying the economy, stating that the exploitation of the country’s mineral potentials was a solid base for the actualization of the government’s economic diversification drive.
Responding, the Governor of Cross Rivers State, Ben Ayade, lauded the Federal Government for brokering the partnership with the state in solid minerals development, pledging his full support, adding, however, that the federal government should initiate the formal process of obtaining the state government’s approval before issuing mining cadastral to investors.
POTENTIAL IMPACT: The partnership between the FG and and the Cross River State government to harness the state’s solid minerals deposit will be of mutual benefit for both parties. Not only will the collaboration expand the country’s economic base, as it will help actualize the federal governments economic diversification drive, it will also attract local and foreign investors, create jobs and shore up the revenue bases of the state and country.