Public affairs analyst, Dayo Akintobi, has described Nigeria’s immense mineral resources arsenic an “unexploited benefit” alternatively than a curse, blaming decades of neglect and mediocre absorption for the country’s inability to maximise its earthy wealth.
Speaking connected Channels Television’s meal show, ‘The Morning Brief’ connected Monday, Akintobi said that contempt the abundance of mineral resources crossed Nigeria, the state and communities wherever minerals are disposable stay the slightest beneficiaries of their exploitation.
“It hasn’t go a curse; it’s conscionable an unexploited benefit, a misdirected payment due to the fact that the state astatine ample and the communities wherever these resources prevarication are the ones who payment slightest from it,” helium said. “I don’t deliberation what is happening successful mining is antithetic from what has happened successful lipid and state for galore years.”
Akintobi noted that the neglect of the mining manufacture mirrors the humanities mismanagement seen successful the lipid and state sector, emphasising that government’s deficiency of attraction has hindered the sector’s imaginable publication to nationalist growth.
“The happening is, we person not paid a batch of attention- firm attention, and by firm I mean authorities attraction to the information that determination are mineral resources buried underground that person a batch of worth erstwhile they are refined oregon sold arsenic reusable products,” helium explained.
He, however, acknowledged the caller reforms introduced by the Minister of Solid Minerals Development, Dele Alake, noting that the existent medication has made notable advancement successful restructuring and sanitising the sector.
“The existent curate for mines, Dele Alake, has done a batch of enactment to revamp the full sector, the ecosystem of the mining manufacture and mineral resources,” Akintobi stated. “He has tried to streamline the mode these resources are brought retired of the crushed and codify ownership, due to the fact that what has been happening fundamentally is that foreigners person been coming, making pacts with villagers who truly don’t cognize the value.”
He warned that the deficiency of ceremonial regularisation and assemblage consciousness has allowed overseas operators to exploit section resources astatine the disbursal of nationalist and determination development.
LEADERSHIP reports that Akintobi’s remarks came amid renewed efforts by the national authorities to reposition the mining manufacture arsenic a large contributor to Nigeria’s economy, diversify gross sources beyond oil, and guarantee equitable organisation of assets wealthiness crossed communities.

4 weeks ago
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