Dr. Oladele Alake, Minister for Solid Minerals Development, reaffirmed the general policy of value addition by any enterprise with the necessary license and permissions to mine minerals, and he issued a stern warning to prospective investors that the time for exporting raw materials is now past.

Dr. Alake said this today at Lado village, Udede Development Area, Nasarawa local government, Nasarawa State, the location of the foundation-laying ceremony for the facility Ganfeng Lithium Industry Limited constructed to process lithium batteries.

Continuing, the Minister said ”under my supervision I will emphasize value addition as a policy of government for the mine sector, urging all stakeholders and potential investors to embrace it, so as to boost the economy to bring foreign exchange.

While acknowledging the significance of the foundation stone laying ceremony for processing a 16,000 tons Lithium battery, Dr. Alake noted that it alligns with the cardinal policy of President Bola Ahmed Tinubu led administration to create wealth and generate employment opportunities for the teeming youths through value addition to our extractive industry.

In his address, the Executive Governor of Nasarawa State poured encomium on the Federal Government and Ministry of Solid Minerals Development for facilitating the establishment of a 13,000 capacity Lithium battery energy plant in Nasarawa State.

”Today, I am fulfilled, to see the realization of my dream”,Engr. Abdullahi Sule stated.

The Company when fully operational, will employment 2,500 indigenes with the additional benefit of capacity building.

To this end, the Minister said: ” I chose to honour the invitation to participate in the foundation stone laying ceremony of the factory because my presence will provide moral support to deliver this project as fast as possible.”

”This administration will give you all support to make it a reality. It is is marketable and profitable”.

The Minister on this note, commended the courage and enterprise of the Executive Governor of Nasarawa State, Engr. Abdullahi Sule for the actualization of the successful groundbreaking ceremony. He seized the opportunity of the occasion to urge his peers to imbibe this economic recovery policy.

Furthermore, Dr Alake emphatically admonished the project community to nurture a very harmonious relationship with the company to engender mutual benefits to the community, state and country at large. ”Constructive industrial development can only survive and flourish in an atmosphere of peace”, the Minister stated .

”Today, I am fulfilled, to see the realization of my dream”,Engr. Abdullahi Sule stated.

The Company when fully operational, will employment 2,500 indigenes with the additional benefit of capacity building.

Raw material export era is finished, according to Alake

Comments (0)