Oil & Energy
Stakeholders Task FG On Illegal Exportation Of Minerals
Stakeholders at the on-going maiden National Council on Mining and Mineral Resources Development, have called on the Federal Government to check illegal mining and unauthorised exports of minerals in the country.
The stakeholders who made the call in different presentations at a technical session of the meeting in Abuja, urged the Federal Government to tackle illegal issuance of mining licence by some state governments.
In addition, they urged the government to address geo-science data, defaulting in the payment of taxes and royalties as well as multiple taxation in the sector.
Mr Ebhota Al-Amin, a mining research and policy development expert, in his presentation, said mining had not been able to contribute meaningfully to the Gross Domestic Product (GDP) because of those challenges.
Al-min , who gave a presentation on “Illegal Mining and Export Challenges: Policy Recommendations’’, said the sector had not been contributing significantly to GDP because a good percentage of exports in the sector remained undocumented.
He said the Central Bank of Nigeria (CBN) should be more involved in exportation of minerals as being done in other mineral-rich countries.
Also, Prof. Peter Akper of Equity Law Partners, dwelt on the various obstacles affecting the growth of the sector.
Akper, who presented a paper, “Creating Effective Regulation and Legal Framework for Mining Sector,’’ commended the government’s on-going reform in the sector with its attendant growth.
He also observed that the country had well-structured mining laws.
The professor, however, said that the government needed to do more enforcement of existing laws and strengthening of institution to achieve excellent result.
Other stakeholders who spoke urged the Federal Government to enforce mining regulations to enhance the growth of the sector.
They also urged the government to focus more on strengthening sector governance to fully realise its economic diversification plan through mining.
According to them, strengthening the sector governance will enable government to manage the available mineral resources and compete favourably in the global mineral and mining market.
The meeting, which started with the technical session, is expected to discuss memoranda in five chosen thematic areas for approval at the ministerial session.
The permanent secretary is the chairman of the technical session while the minister of mines and steel development will chair the ministerial session on Thursday.
The theme of the three-day meeting is “Enhancing Mineral Resources Governance towards Economic Growth and Diversification’’.
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Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
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