Solid Mineral Sector Needs Dynamic Overhauling – Osun Governor

Osun State Governor, Senator Ademola Jackson Nurudeen Adeleke has stressed that the solid mineral sector needs a dynamic overhauling and goes beyond selling raw materials into the development of value chains to get added earnings and redouble Nigeria’s Gross Domestic Product (GDP).

This was disclosed on Monday by the Governor at the opening ceremony of the Nigeria Gemstones Conference held at the University of Ibadan Conference Hall, Ibadan, the Oyo State Capital.

The Governor represented by the Commissioner for Commerce and Industry, Rev. Bunmi Jenyo described the conference as a “laudable effort which will serve as a wake up call to managers of the economy and policymakers across the board”.

According to him “the gemstone sector is a multi-billion dollar industry that has not received the right attention despite the push to diversify our national economy. It is, therefore a welcome development that we are gathered here to deliberate on this sub-sector”.

“We have the challenge to develop process capacity to add high value to our solid minerals. Specifically, gemstones present a high-value opportunity for willing and enterprising Stakeholders to operate”.

Rev. Jenyo who commended the organizers of the conference also said “We can however not achieve much unless we engage the private sector more productively. The organized private sector remains the most viable vehicle to drive the value addition and expansion of our processing capacity”.

Oyo State Governor, Engr. Seyi Makinde, represented by the Secretary to the State Government (SSG), Prof. Olanike K. Adeyemo, who expressed her happiness, pledged the government’s support for the resolution of the conference.

The organizers, Gemstones Miners And Marketers Association of Nigeria (GMMAN) think that the conference is an opportunity for individuals and organizations in the gemstones industry to come together and discuss the latest trends, challenges, and innovations in the field.

The event attracted Miners, dealers, lapidaries, jewelers, leading experts, researchers, policymakers, and business leaders from all over the nation, to share their knowledge and insights.

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