Close Menu
Chronicle NG
    Trending Stories
    The Federal Government secured 150 convictions of terrorists in the first two days of its recent terrorism trials, Lateef Fagbemi announced.

    150 terrorists convicted in 48 hours – AGF

    June 17, 2026

    Patience Ozokwor ‘Mama G’ defends villain roles, says they expose society ills

    June 17, 2026
    Thomas Tuchel

    Tuchel to maintain England style despite US heat

    June 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • 150 terrorists convicted in 48 hours – AGF
    • Patience Ozokwor ‘Mama G’ defends villain roles, says they expose society ills
    • Tuchel to maintain England style despite US heat
    • Nicki Minaj opens up on ‘spiritual warfare’ in music industry
    • Peter Obi willingness to die for Nigeria
    • Abducted Kaduna worshippers still in captivity after 70 days – KUDA
    • Austria beat Jordan for first World Cup win since 1990
    • Argentina: Words can no longer describe Messi – Scaloni
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Wednesday, June 17
    • 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

    The Federal Government secured 150 convictions of terrorists in the first two days of its recent terrorism trials, Lateef Fagbemi announced.

    150 terrorists convicted in 48 hours – AGF

    ADC exempts Peter Obi, El-Rufai from defecting from LP, SDP

    Peter Obi willingness to die for Nigeria

    Abducted Kaduna worshippers still in captivity after 70 days - KUDA

    Abducted Kaduna worshippers still in captivity after 70 days – KUDA

    NLC says working-class Nigerians ‘bleeding’ amid hardship, insecurity

    NLC, TUC to engage FG on minimum wage review

    JAMB releases 2026 UTME mop-up examination results

    JAMB releases 2026 UTME mop-up examination results

    Appeal Court stays execution of judgment deregistering ADC, four other parties

    Appeal Court stays execution of judgment deregistering ADC, four other parties

    Subscribe to News

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

    The Federal Government secured 150 convictions of terrorists in the first two days of its recent terrorism trials, Lateef Fagbemi announced.

    150 terrorists convicted in 48 hours – AGF

    June 17, 2026

    Patience Ozokwor ‘Mama G’ defends villain roles, says they expose society ills

    June 17, 2026
    Thomas Tuchel

    Tuchel to maintain England style despite US heat

    June 17, 2026
    Nicki Minaj speaking during a podcast interview discussing alleged music industry sabotage and artist exploitation claims.

    Nicki Minaj opens up on ‘spiritual warfare’ in music industry

    June 17, 2026
    ADC exempts Peter Obi, El-Rufai from defecting from LP, SDP

    Peter Obi willingness to die for Nigeria

    June 17, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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