Minister of Mines and Steel Development, Arc. Olamilekan Adegbite has identified consideration and proper integration of host communities in the overall exploration plan by licensed solid minerals companies as remedy to incessant bickering and fracas between host communities and mining companies.
He made this assertion while receiving management team of African Natural Resources and Mines Limited led by its Group Managing Director, Alok Gupta, who paid a courtesy visit to him in his office on Tuesday, 24th September, in Abuja.
According to the minister employment of indigenes of host communities, as well as carrying out some social responsibilities by the companies will go a long way in reducing agitations that are prevalent in communities hosting the mining sites.
Adegbite applauded the management of the company for not losing faith in the nation’s mining sector since 1971 it started its operations. He said government would continue to provide enabling environment for serious-minded investors in the Minerals and Metals Sector, noting that the ministry will partner with such investors as government strives towards achieving economic diversification.
The Minister of State, Dr. Uchechukwu Sampson Ogah, in his welcome remarks appreciated the company for considering Nigeria its investment. He reminded the company that the ministry as a revenue generating organ of the government is keen at ensuring that the right royalties accrued to government are remitted.
Earlier, the team lead and Group Managing Director, Mr. Alok Gupta, informed the ministers that his company has an investment worth over $600million in Nigeria. He added that the company has eighteen manufacturing industries across Nigeria and has so far employed over 8,300 Nigerians
Gupta stated that the company has invested diverse manufacturing including steel and iron rods manufacturing, chemical and power generation.
He said that in furtherance of the commitment in promoting the steel manufacturing in Nigeria , the company is building an Iron Ore mining plant in Kaduna State, capable of processing over 5.4 million tons of iron ore when fully operational.