Edo mineral deposits can sustain 20 mega plants, Commissioner says

Enaholo Ojiefoh, the Edo State Commissioner for Mining and Energy, said that the state has enough solid mineral deposits to sustain more than 20 mega plants.

He revealed this during a live chat with his counterpart, Ogbeide Ifaluyi-Isibor, the Minister of Digital Economy, Science and Technology, he noted that the state had enormous deposits of limestone, dolomite, gold, kaolin, feldspar, clay, gemstone, and quartz.

Ojiefoh said, the state is determined to exploit the minerals.

He stated, “BUA has been mining in a particular spot for over 10 years. Freedom Group has been mining on their site for over 30 years. They are over 50 years old.

The hills you see when going through Okpella are all minerals. The same applies to Akoko Edo. There is a huge deposit of dolomite, limestone, and many others across the state.”

Ojiefoh stressed that the state government was looking at expanding the number of ceramics companies in the state to increase productivity and create more jobs.

He said the move would improve the state’s revenue and allow for skill development as the companies would have to train more people to fill vacancies.

We are ready for investment in Edo. We do not just want to identify the minerals; we want to use them to drive industrialisation and that is the mandate we have from the governor,” he stated.

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

Sanwo-Olu, Abiodun to attend architects’ conference

According to Lagos State chapter of the Nigeria Institute of Architects, Babajide Sanwo-Olu, the Governor of Lagos State, and his counterpart, Dapo Abiodun, the...

Lagos mandates tax clearance for housing transactions

The Lagos State Government has mandated that tax clearance will now be an essential document for any housing transactions within the state to prevent...

LASG, FAAN sign MoU on 28km road project

The Federal Airport Authority of Nigeria has signed a Memorandum of Understanding with the Lagos State Government under the Office of Public-Private Partnerships and...

NICA calls for credit awareness desks

Credit Management Professional has charged employers of National Institute of Credit Administration (NICA)  in the country to establish credit awareness desks to develop awareness...

UNDP boosts Bayelsa MSMEs with N200m

In order to foster development in the country, N200m has being offered to support Micro, Small and Medium Enterprises in Bayelsa State, on Monday...

Currency in circulation rises to N3.87tn – CBN

Following the value of Nigeria's currency in circulation, which has increased to N3.87tn at the end of first quarter in 2024. This is according to...

Support Tinubu economic reforms’

Dr. Dominic Joshua, the Chief Executive Officer of Cultivate Africa, a prominent entrepreneur and investment expert, called on Nigerians to exercise patience and restraint...

FG’s free train rides excite passengers

President Bola Tinubu has approved free train rides across the country from December 20, 2024, to January 5, 2025. The President made this announcement to...

Nigeria needs to diversify economy, says IMF

In order to foster development, the International Monetary Fund has revealed a need for diversification of the nation's economy. This was revealed by, Abebe Aemro...

Okpebholo orders freezing of state-owned bank accounts

Monday Okpebholo, the Edo State Governor, has ordered the immediate freezing of all state-owned bank accounts According to the statement released on Thursday by Fred...