The president also stated that the government will no longer tolerate illegal activities or criminal collaborators. President Bola Tinubu has informed real firms wishing to invest in Nigeria that his administration is dedicated to establish an environment favorable to genuine economic growth.
Tinubu, who was represented by the Secretary to the Government of the Federation, Sen. George Akume, said this on Tuesday at the opening ceremony of the Africa Natural Resources and Energy Summit (AFNIS) 2nd edition in Abuja.
He warned that the government would no longer tolerate criminal exploits and their criminal accomplices. According to him, the government would do everything in its power to reduce investment risks by resisting the urge to interfere with lawful corporate operations Miners who have a valid mining license.
“Dear investors, we are determined to create favorable conditions for genuine entrepreneurs.”
“We welcome you and will do everything in our power to help law-abiding businesses operate in our country.”
“However, we will no longer tolerate criminal adventures and their local collaborators who sabotage our nation under the guise of bringing business.”
“Those caught will face the full wrath of our laws,” he went on to say.
According to the president, the AFNIS event was also an occasion to explore fresh ideas and demonstrate new technology.
“Our country does not intend to’reinvent the wheel.'”
“We hope to leverage on the advancement of technology so that our solid minerals can catch up with the world,” he said.
He urged geologists and other specialists in the sector to put on their thinking caps and help Nigeria build itself as an intellectual, professional, and industrial powerhouse in Africa for solid resource extraction, production, and export.
Dele Alake, Minister of Solid Minerals Development, also spoke, saying that Nigeria has seen the revolutionary potential of the solid minerals industry. Alake reaffirmed the government’s commitment to successfully using resources for the benefit of all Nigerians.
“In Nigeria, we have seen the transformative potential of our solid minerals sector, as well as the vast opportunities it offers.”
“We are committed to utilizing these resources in an effective, efficient, and long-term manner to drive economic growth and prosperity for our citizens.”
” Our efforts in this direction have already produced results
favorable outcomes, with greater exploration, investment, and environmentally responsible mining techniques taking center stage,” Alake remarked.
According to him, the global energy sector is likewise experiencing significant change. He stated that the need of tackling climate change was moving us toward cleaner and more sustainable energy sources, hence reducing the carbon footprint of our industrial operations.
“We must embrace this transition, taking advantage of the opportunities it provides for innovation, job creation, and a healthier planet.”
“With its vast energy potential, Nigeria is poised to play a critical role in this journey.”
“We must work collaboratively to diversify our energy sources, promote renewable energy, and implement energy efficiency measures,” he said.
