Oil & Energy
FG Launches CDAs Production In Solid Minerals
The Federal Government has launched the revised mining guidelines for the production of the Community Development Agreements (CDAs) in the solid minerals sector.
Minister of Solid Mineral Development, Dr Dele Alake, led the launch at an event organised by the African Centre for Leadership, Strategy and Development (Centre LSD), Ministry of Solid Mineral Development and the Ford Foundation, in Abuja, Weekend.
Alake explained that the Federal Government was committed to ensuring that host communities derived maximum benefits from mining operations and activities for local and national economic development.
According to him, the CDA is a statutory provision that ensures the transfer of socio-economic benefits to mining host communities, adding that it is a legal document that contains obligations by the Mineral Title Holder (MTH) to her host community and vice versa.
“The mining of mineral resources had significant impacts on host communities, thus the imperative of concerned communities to be carried along in the activities of the sector”, he said.