BREAKING: Zamfara’s Gold Rush Returns, As FG Lifts 5-Year Mining Ban

The Federal Government has lifted the ban on mining exploration activities in Zamfara State, ending over five years of restrictions imposed due to security concerns.

This decision follows significant improvements in the state’s security landscape.

Announcing the development at a weekend press briefing, the Minister of Solid Minerals Development, Dr Dele Alake, highlighted the economic potential of Zamfara, known for its abundant reserves of gold, lithium, and copper.

He noted that while the 2019 ban was intended to address security issues, it inadvertently created opportunities for illegal miners to exploit the nation’s resources.

“The existential threats that necessitated the ban have been largely mitigated, thanks to intelligence-driven security operations that have neutralised key bandit commanders,” Alake said.

He added that Zamfara’s mineral wealth has the potential to significantly boost national revenue.

The minister pointed to a recent breakthrough in security operations, including the capture of notorious bandit commander Halilu Sububu, as evidence of the state’s improved safety.

With the ban lifted, the government aims to better regulate mining activities, curb illegal operations, and maximise the economic benefits of Zamfara’s mineral deposits.

Dr Alake also addressed recent controversy over the Memorandum of Understanding (MOU) with France, clarifying that the agreement focuses solely on training and capacity-building for Nigeria’s mining professionals.

“This does not imply relinquishing control over our mineral resources or entering into a military pact,” he assured, adding that similar agreements have been signed with Germany and Australia.

The minister commended the media for supporting reforms in the mining sector, urging continued collaboration to counter misinformation.

Looking ahead, he revealed plans for further reforms in 2025 to attract investments and ensure sustainable growth in the sector.

With the ban lifted, Zamfara’s mining sector is poised to reclaim its role as a significant contributor to Nigeria’s economy.

 

Related posts

How Nigerian Terrorist Acquired Military Gun Truck From Libya For N28.5Million, Tinubu Govt Tells Court

How Afe Babalola Used Nigerian Police To Detain Ex-Employee Over ‘Wrongful Termination’ Lawsuit In 2021

Tinubu Directs Security Forces to Eliminate Kidnappers and Separatists by 2025

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More