• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Thursday, October 22
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      How suspected ATM fraudster allegedly tricks customers into revealing PINs

      Crime & Security October 21, 2026
      Recent

      How suspected ATM fraudster allegedly tricks customers into revealing PINs

      October 21, 2026

      Presidential Working Group Submits Draft National Policing Bill For Review

      October 21, 2026

      2027: APC Presidential Campaign Council Creates New Directorate, Names Head of Youth And Women Mobilisation

      October 20, 2026
    1. News
      1. Photo News
      Featured

      I’m Sorry For Leaking Official Matters, ex-DSS Officer Begs DG, Colleagues

      News October 21, 2026
      Recent

      I’m Sorry For Leaking Official Matters, ex-DSS Officer Begs DG, Colleagues

      October 21, 2026

      War against Polio winnable, says Rotary Governor

      October 21, 2026

      First Lady Oluremi Tinubu to Inaugurate PBAT Door-to-Door Movement Abuja Headquarters Friday

      October 21, 2026
    2. Politics
        Featured

        2027: APC Presidential Campaign Council Creates New Directorate, Names Head of Youth And Women Mobilisation

        Politics October 20, 2026
        Recent

        2027: APC Presidential Campaign Council Creates New Directorate, Names Head of Youth And Women Mobilisation

        October 20, 2026

        Alli Warns Makinde Against Reckless Spending, Fresh Borrowing In Administration’s Twilight

        October 20, 2026

        Tompolo rallies support for Tinubu re-election in Gombe with 26 vehicles

        October 20, 2026
      1. Business
          Featured

          DMO raises N2.02trn as FGN bond yields rise to 17.29%

          Business October 21, 2026
          Recent

          DMO raises N2.02trn as FGN bond yields rise to 17.29%

          October 21, 2026

          Oyedele Unveils Capital Market Master Plan, SEC Targets $1trn Market by 2036

          October 19, 2026

          IXPN To Honor ITRealms Founder Remmy Nweke with Distinguished Contribution to Internet Journalism Award @20th

          October 19, 2026
        1. Crime & Security
            Featured

            Army arrests 18-year-old over alleged pipeline vandalism

            Crime & Security October 21, 2026
            Recent

            Army arrests 18-year-old over alleged pipeline vandalism

            October 21, 2026

            Man facing motorcycle theft charge allegedly steals N278,000, phone in custody

            October 21, 2026

            How suspected ATM fraudster allegedly tricks customers into revealing PINs

            October 21, 2026
          1. Sports
              Featured

              UCL: Osimhen inspires Galatasaray’s 4-2 comeback win over Lille

              Sports October 21, 2026
              Recent

              UCL: Osimhen inspires Galatasaray’s 4-2 comeback win over Lille

              October 21, 2026

              Super Falcons: How 10-time African Champions’ Tumbling FIFA Monthly Ranking Can Stop

              October 21, 2026

              LA28: Nigeria Joins Olympic Stakeholders at Pre-Games Meeting in Los Angeles

              October 21, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » Alake’s Strategies to Tackle Storms in Nigeria’s Solid Minerals Sector
            Opinion

            Alake’s Strategies to Tackle Storms in Nigeria’s Solid Minerals Sector

            Prompt NewsBy Prompt NewsJanuary 29, 2024Updated:January 29, 2024No Comments3 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
            Aderonke-Ogunleye-Bello
            Aderonke Ogunleye-Bello
            Share
            Facebook Twitter LinkedIn Pinterest Email

            By Arabinrin Aderonke Ogunleye-Bello

            The solid minerals sector in Nigeria, abundant with 44 viable minerals, holds tremendous potential for economic diversification beyond the country’s reliance on oil. However, this potential remains largely untapped due to a series of challenges.

            Banditry, illegal mining activities, administrative bottlenecks within government agencies, and fragmented relationships between state actors and the Federal Government have collectively impeded the efficient utilization of Nigeria’s solid minerals.

            Dr. Alake, a visionary leader, recognizes the urgency of fostering cooperation among stakeholders to address these obstacles. Engaging with the Governors’ Forum and other key stakeholders, Dr. Alake aims to formulate a unified strategy to overcome these challenges, kickstarting tangible reforms in 2024.

            One pivotal initiative proposed by Dr. Alake involves the establishment of a specialized mine police force and mine surveillance task force, dedicated to safeguarding mining operations which is in done in collaborative effort with the Ministry of Defense and other security agencies, aim to counter banditry and expose those engaging in criminal activities to siphon all the country’s mineral wealth.

            Solid-Minerals-Minister-Dele-Alake
            Minister of Solid Minerals Development, Dr. Dele Alake

            The challenges facing the solid minerals sector are multifaceted and they include:

            1. Governance inefficiencies have perpetuated illegal activities such as illicit mining, theft, lack of accountability, and overall unprofitability.

            2. Insecurity arising from banditry and activities of non-state actors has led to violence, fear, and a disruption of mining operations.

            3. Corruption, in the form of various taxes, levies, kickbacks, and widespread graft among government officials and locals, has exacerbated the sector’s challenges.

            4. Additionally, the absence of local production has led to the bulk of mined minerals being exported, depriving the nation of opportunities for local employment and economic growth.

            Dr. Alake’s strategic vision for 2024 revolves around key areas amongst others:

            1. Encouraging collaboration and synergy among stakeholders to foster more cohesive and effective operations.

            2. Prioritizing safety and security measures to protect mining sites and personnel through specialized interventions.

            3. Streamlining administrative processes to eliminate bureaucratic hurdles and create a conducive environment for efficient operations.

            4. Encouraging local production and exploration to bolster employment opportunities and contribute to the nation’s economic growth.

            READ ALSO:

            • UCL: Osimhen inspires Galatasaray’s 4-2 comeback win over Lille
            • Super Falcons: How 10-time African Champions’ Tumbling FIFA Monthly Ranking Can Stop
            • I’m Sorry For Leaking Official Matters, ex-DSS Officer Begs DG, Colleagues
            • LA28: Nigeria Joins Olympic Stakeholders at Pre-Games Meeting in Los Angeles
            • War against Polio winnable, says Rotary Governor

            In summary, Dr. Alake’s visionary approach in 2024 marks a pivotal moment for Nigeria’s solid minerals sector. His comprehensive strategy, aimed at addressing the root causes of challenges and fostering collaboration, holds the promise of unlocking the vast potential of this critical economic domain.

            Arabinrin Aderonke is an award-winning investigative journalist, peace, gender and good governance advocate. A member of the Presidential Transition Council 2023. She writes from Abuja.

            Aderonke Ogunleye-Bello Dele Alake Mining sector solid minerals
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleAFCON 2023: Angola Players Get Cash Incentive To Beat Super Eagles 
            Next Article Oil Theft: Group denounces false claims against Chief of Naval Staff
            Prompt News

              Related Posts

              Nigeria’s 2027 Elections: The Frown and Frustration of a Nation in Depression, by Alaba Yusuf

              October 21, 2026

              PA FASORANTI: The Fall of an Iroko Tree, a national loss, by Alaba Yusuf

              October 21, 2026

              Ogun 2027: Yayi And The Concept Of Ató bá tẹ́lẹ̀, By Mikail Mumuni

              October 20, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • UCL: Osimhen inspires Galatasaray’s 4-2 comeback win over Lille
              • Super Falcons: How 10-time African Champions’ Tumbling FIFA Monthly Ranking Can Stop
              • I’m Sorry For Leaking Official Matters, ex-DSS Officer Begs DG, Colleagues
              • LA28: Nigeria Joins Olympic Stakeholders at Pre-Games Meeting in Los Angeles
              • War against Polio winnable, says Rotary Governor

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

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