Jtimes
…Partners Local Producers, International Marketers To Boost Economy
In a bid to harness the state’s natural resources and promote economic growth, the Bauchi State Government has introduced a new policy with a view to make the state an international mineral trading destination.
According to the Commissioner for Natural Resources, Muhammad Maiwada Bello, the policy aims to curb the illegal movement of minerals, enhance marketing, generate revenue, and create employment opportunities.
Speaking at a press briefing organized by the Ministry of Information and Communication at the Abubakar Umar Secretariat, Bello revealed that the state government, through the Ministry of Natural Resources, has empowered the Bauchi Mining Synergy & Exploration Limited (BAMSEL) to partner with local producers, purchase their products, and liaise with major marketers for international export.
The commissioner stated that the initiative is in line with the administration’s trust policy to promote economic growth and development in the state.
The commissioner highlighted the ministry’s achievements, including the advancement of plans to build an oil and gas free trade zone along Kolmani Road in Alkaleri Local Government Area.
Additionally, the State Executive Council has approved the transfer of revenue heads relevant to the ministry, including haulage fees, registration of mineral businesses, and surface rent.
Other important achievements recorded so far in the ministry according the commissioner were partnership with Minsheng Group of Shandong Province China, to establish Tin/Columbite Factory in Toro LGA worth over 50 millon Dollars; partnership with Resident Cement Company to establish 10 metric ton of cement plant in Gwana, Alkaleri LGA worth over 500 million US Dollars; Establishment of Bauchi Oil & Gas Academy, Alkaleri; Recruitment of over 73 senior & junior staffs; consent letter policy and many more.
The commissioner commended the efforts of Governor Bala Abdulkadir Muhammed for his development projects across the state and appreciated the Ministry of Information and Communication and the press for organizing the briefing, describing it as a welcome development in leadership transparency.
