Fayemi said that he would meet with the Minister of State, Petroleum Resources, Dr. Emmanuel Ibe Kachikwu to look into the issue why the local oil companies refused to patronise the local baryte producers but preferred to import the products.
Browsing: Solid Mineral
“We have arrested 150 illegal miners in Jos South, Bassa, Barkin-Ladi and Wase Local Government Areas of the State. These miners are illegally armed, from our investigation, some of them are criminals and we had gun battle with must of them before their arrested.
“As a country, we have the best tax holidays worldwide, all miners have three years tax holidays from the government. Again, out of the 40 minerals in the country, we have selected seven strategic ones for concentration. The minerals are limestone, barytes, iron, bitumen lead and zinc. We also have duty free on all mining equipment,” the minister said.
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The minister also said that they intended to establish Nigerian Solid Minerals Investment Fund (NSMIF) structured as a private sector-oriented investment outfit to provide financing to private sector-led projects in mining sector.
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A source close to the village told journalists yesterday that three of the victims were members of the same family who had been in the mining business for more than two decades, adding that the other four were hired from the neighbouring village to help them in excavations.