Nigeria’s Strategic Measures to Combat Illegal Mining Activities

The Nigerian government has approved N2.5 billion for satellite technology to monitor illegal mining. The initiative involves real-time surveillance to regulate mining activities and prevent revenue losses. Additionally, a new mining corporation will engage more private sector involvement and state participation. Recent efforts have already led to the arrest and prosecution of numerous illegal miners, indicating a steadfast approach to addressing this issue.

The Nigerian government has allocated N2.5 billion for satellite surveillance technology to combat illegal mining operations within the country. Minister of Solid Minerals Development, Dele Alake, announced that the project will commence within a month and aims to address challenges such as unregulated mining practices, unauthorized operators, and inaccuracies in reported production at mining sites.

The initiative will utilize satellite equipment installed in strategic locations across Nigeria, enabling real-time monitoring of mining activities. This system will provide visual data on operational volumes, mineral extraction, and traffic out of mining sites, ensuring better oversight and security.

Minister Alake estimates significant financial losses, amounting to trillions of Naira, due to illegal mining, particularly gold. He emphasized the importance of integrating technological solutions to monitor activities across Nigeria’s extensive lands.

The government is also establishing the Nigerian Mining Corporation, with a major focus on private sector involvement, allocating 50% of its equity to private interests, 25% to the government, and 25% to individuals. Recently appointed CEO, Martins Imoniti, is expected to bring extensive international experience to the role.

Concerning state government roles in mining, Alake stated that while the federal government holds exclusive regulatory authority, states are encouraged to form special purpose vehicles to apply for mining licenses. This initiative seeks to involve states more actively in mining operations and ensure equitable development.

The government has made strides in deterring illegal mining with arrests and prosecutions of offenders. Mr. Alake reported the apprehension of over 320 unlawful miners, with several facing prosecution, including both local and foreign nationals.

The Nigerian government’s proactive measures to combat illegal mining include a substantial financial investment in satellite surveillance technology and the establishment of the Nigerian Mining Corporation. These initiatives aim to enhance oversight, improve regulation, and ensure revenue recovery while engaging state governments in mining activities. The successful implementation of these measures is anticipated to significantly benefit Nigeria’s mining sector and curtail illegal operations.

Original Source: www.premiumtimesng.com