Close Menu
Chronicle NG
    Trending Stories
    UK visa fees increase announcement affecting migrants, students and workers from April 8

    UK hikes visa fees from April 8 in migration crackdown

    March 30, 2026
    Long queues of vehicles at Ethiopian fuel stations amid nationwide fuel shortage crisis

    Ethiopia sends workers on leave amid fuel crisis

    March 30, 2026
    Boxes of KitKat chocolate bars loaded in a transport truck in Europe

    Over 400,000 KitKat chocolates bars stolen in Europe transit heist

    March 30, 2026
    Facebook X (Twitter) Instagram
    Trending
    • UK hikes visa fees from April 8 in migration crackdown
    • Ethiopia sends workers on leave amid fuel crisis
    • Over 400,000 KitKat chocolates bars stolen in Europe transit heist
    • Aiyedatiwa fires all SSAs, SAs, to appoint 1000 new aides
    • Kwankwaso joins ADC after dumping NNPP
    • AI facial recognition error jails US grandmother for five months
    • Pope Leo XIV warns rich-poor divide threatens global peace
    • Mr Macaroni says Tinubu runs most useless government in history
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Tuesday, March 31
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Nigeria sets aside N5bn for local miners – Fayemi

    Chronicle EditorBy Chronicle EditorDecember 2, 2017No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Facebook Twitter WhatsApp
    Dr Kayode Fayemi, Minister of Solid Minerals says N5bn has been set aside for local miners

    The Federal Government has set aside N5 billion to empower artisan miners across the country as part of measures to ensure participation of all Nigerians in economic development.

    The Minister of Mines and Mineral Resources, Dr. Kayode Fayemi, disclosed this on Saturday when he inspected the gold mining site at Garin Awal at Fakai Local Government Area in Kebbi State.

    “We have N5 Billion in Bank of Industry for the use of small scale artisan miners, not only for self-equipping but to contribute to the economic development of Kebbi state and Nigeria, so that our economy will grow,” he said.

    Fayemi explained that ISS-Hass Limited, a Chinese mining company, has been in the community exploiting gold for more than three years, but had failed to develop the area by establishing schools, building roads, as well as providing portable water and employment for the youth, as part of an agreement entered into with the company.

    He promised to investigate the allegations against the licensed operator in Garin Awal Village, Fakai Local Government of Kebbi State for alleged breach of agreement reached with the host community.

    READ: Boko Haram suicide bombers kill 13, injure 53 in Biu

    “We have seen what our artisan miners can do, which professionals in this business failed to achieve. That is from the very little efforts they are putting in place with their own efforts, digging and organising themselves.

    “What we need is to enter into partnership with the state, to assist these miners, so that they could have land to operate, technical support as a way of improving their productivity and ensuring that they utilise the equipment beyond exploring mercury and finally support them through the Bank of Industry,” he said.

    The minister, who expressed disappointment over the lack of commitment of licensed operators, said “ the provision of the law stipulates that licensed operators must provide community support and this must be captured in an agreement, which we call Community Development Agreement.

    “The village head has told us that all the things they promised, none of them were done. No school, they have not seen anything. They just did rudimentary road that provides access for the operators,” he said.

    In his remarks, the state governor, Abubakar Bagudu, expressed appreciation to the President Muhammadu Buhari administration for its good policies, saying they had made the state to excel in agriculture.

    Bagudu said the people o the state were ready to replicate the same achievement in the mining sector.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    UK visa fees increase announcement affecting migrants, students and workers from April 8

    UK hikes visa fees from April 8 in migration crackdown

    Long queues of vehicles at Ethiopian fuel stations amid nationwide fuel shortage crisis

    Ethiopia sends workers on leave amid fuel crisis

    Boxes of KitKat chocolate bars loaded in a transport truck in Europe

    Over 400,000 KitKat chocolates bars stolen in Europe transit heist

    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    Aiyedatiwa fires all SSAs, SAs, to appoint 1000 new aides

    Rabiu Musa Kwankwaso announcing defection from NNPP to ADC in Kano

    Kwankwaso joins ADC after dumping NNPP

    AI facial recognition error jails US grandmother for five months

    AI facial recognition error jails US grandmother for five months

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    UK visa fees increase announcement affecting migrants, students and workers from April 8

    UK hikes visa fees from April 8 in migration crackdown

    March 30, 2026
    Long queues of vehicles at Ethiopian fuel stations amid nationwide fuel shortage crisis

    Ethiopia sends workers on leave amid fuel crisis

    March 30, 2026
    Boxes of KitKat chocolate bars loaded in a transport truck in Europe

    Over 400,000 KitKat chocolates bars stolen in Europe transit heist

    March 30, 2026
    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    Aiyedatiwa fires all SSAs, SAs, to appoint 1000 new aides

    March 30, 2026
    Rabiu Musa Kwankwaso announcing defection from NNPP to ADC in Kano

    Kwankwaso joins ADC after dumping NNPP

    March 30, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.