Forensic audit of mining sector to commence soon, says Dele Alake

The Minister of Solid Minerals Development, Dr. Dele Alake, has announced plans for a comprehensive forensic audit of Nigeria’s mining sector, as part of ongoing efforts to revitalize the industry and attract investors. This was disclosed during a meeting with Plateau State Governor Caleb Mutfwang on Wednesday.

Dr. Alake highlighted that the audit is a key element of broader reforms aimed at enhancing the regulatory framework of the federal government through the adoption of technology-driven solutions. “We are going to embark on a forensic audit of the entire sector,” he stated. “In collaboration with the Ministry of Science and Technology, we will use satellite imaging to monitor activities at mining sites, following the directive of Mr. President. This will bolster our capacity to effectively secure the mining environment.”

Emphasizing the strategic importance of Plateau State in the Federal Government’s plans for mining sector development, Dr. Alake called for cooperation with Governor Mutfwang to harness the state’s substantial solid mineral resources. He also addressed the issue of abandoned mining pits, remnants from the colonial era, noting that they pose significant risks to communities.

“We are working towards establishing an Environmental Protection and Rehabilitation Fund,” Dr. Alake revealed. “This fund will provide resources for remediation efforts, including covering or repurposing abandoned pits for productive uses like irrigation, thereby transforming these hazards into assets.”

In response, Governor Mutfwang praised the minister’s commitment and energy since taking office, expressing confidence that under Dr. Alake’s leadership, Nigeria will unlock the vast potential of its solid minerals sector to make a significant contribution to the nation’s Gross Domestic Product (GDP).

On the security front, Governor Mutfwang acknowledged the successes of mining marshals in protecting mining sites and urged the minister to ensure their seamless integration into the state’s security framework. He also stressed the need for an improved regulatory framework, up-to-date data on the mining sector, and federal assistance to address the issue of abandoned mining pits.

“We are hopeful that through our partnership with the ministry, we can leverage the Federal Government’s ecological funds to remedy these abandoned sites,” the governor stated. “This is not only crucial for public health but also holds potential economic value.”