• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, March 24, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Minister tasks Geoscientists on boosting investments in solid minerals

Minerals

The Matters Press by The Matters Press
December 15, 2023
Reading Time: 2 mins read
0
Nigeria showcases minerals to woo investors

Minerals

Abuja, Dec. 15, 2023:The Minister of Solid Minerals Development, Dr Dele Alake has tasked Geoscientists on boosting development in the solid minerals sector.

RELATED POSTS

$1.3bn landmark FG/AFC Alumnia deal, transformative economic booster–TMV

Injection of N98bn in 13,500 Centres will Boost Primary Healthcare Nationwide – Group

Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

Alake described them as critical in establishing proposed businesses of investors that Nigeria was wooing to the sector.

He made the call while speaking at the 13th induction ceremony of the Council of Nigerian Mining Engineers and Geoscientists (COMEG) on Thursday in Abuja.

He said that government had been embarking on engagements both locally and internationally, aimed at attracting investors to the sectors, and would require the input of key stakeholders .

He said that geoscientists represented a critical part of the value chain of Nigeria’s exploration, extraction and processing of solid minerals, aimed at diversifying its economy.

He added that the country required their services to enable it achieve its target of increasing its revenue profile.

”Investors both locally and internationally are coming to us in droves, making enquiries to bring in direct foreign investments into our economy.

” However, the criticality of your role comes to the fore because once these investors come in, you are the first set of public relations managers .

”Because they need scientists and mining engineers for feasibility studies development, exploration activities or extraction, ” he said.

He urged them to play their roles efficiently to encourage the investors to engage on long term businesses in the country.

The minister urged them to also update their knowledge and skills, especially as their work is technical where new technology continuously evolved.

According to Alake, his ministry will not have any business with geoscientists not certified by COMEG as part of efforts to sanitise the sector.

The minister said there had been a global upsurge for energy transition, which required a shift from the use of traditional fossil fuel and dependency on oil hydrocarbon to green energy.

He said the situation required mineral deposits in order to sustain the transition for decades and centuries, which Nigeria possessed.

He said that President Bola Tinubu is determined to explore such minerals and reposition the sector to address overdependence on the oil industry.

The action, he further explained, would contribute to Nigeria’s Gross Domestic Products (GDP) which would facilitate infrastructure development.

Speaking earlier, the Registrar of COMEG Prof. Zacheus Opafunso, urged the inductees to be of good behaviour and adhere to professional ethics in their discharge of duties.

According to Opafunso, as part of COMEG’s mandate, they have visited tertiary institutions running programmes related to the extraction industry, to ensure compliance to standards and churning out of qualified graduates.

He said that about 50 per cent of such programmes had been accredited.

Also speaking, Prof. Akinade Olatunji, President of the Nigerian Mining and Geosciences Society (NMGS) said that no graduate from unaccredited institutions would be registered with them to check quackery.

The 28 inductees comprising of individuals and companies were admitted as members of COMEG.

Tags: Minerals
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tanzania, Australia firms sign $667m deal to mine rare earths
Economy/Technology

$1.3bn landmark FG/AFC Alumnia deal, transformative economic booster–TMV

March 7, 2026
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Injection of N98bn in 13,500 Centres will Boost Primary Healthcare Nationwide – Group

March 7, 2026
CAC, Pakistani investors on economic diversification
Economy/Technology

Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

March 1, 2026
Tinubu floats social welfare scheme consumer credit, expanded student loan fund
Economy/Technology

How Tinubu deployed tools of economic progressivism to lift Nigeria out of years of decadent values, profligacy – IMPI

March 1, 2026
EU punctures Atiku’s server story
Economy/Technology

TMSG hails Tinubu’s swift assent to the 2026 Electoral Act

February 20, 2026
Tinubu signs amended electoral Act
Economy/Technology

Tinubu signs amended electoral Act

February 18, 2026
Next Post
Trading in Nigerian stock market dips further N83bn

Increase in buying of banks’ shares lifts investors worth on NGX

Onne port Customs generates N242b in 2022

Kajola dry port to create 40,000 jobs – Commissioner

Recommended Stories

Nigeria licenses more fishing vessels as demand for fish peaks

FG inaugurates national aquatic animal health strategy

August 24, 2023
FCT-IRS generates N118bn in 2021

FCT-IRS moves to check multiple taxation, others

July 11, 2023
NLNG seeks partnership with NMDPRA to boost domestic gas market

NLNG joins United Nations group to reduce methane emissions

March 23, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • $1.3bn landmark FG/AFC Alumnia deal, transformative economic booster–TMV
  • Injection of N98bn in 13,500 Centres will Boost Primary Healthcare Nationwide – Group
  • Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us