In Nigeria, the Cross River State Government has discovered new solid mineral deposits across the three Senatorial Districts of the state. These deposits, if properly utilized would greatly transform the economy of the state and reduce its reliance on federal allocations, according to the state’s Commissioner for Solid Minerals, George Oben’Etchi.
According to him, the discovery comes after a Memorandum of Understanding (MoU) signed by the state government with Shanxi Province of China, to carry out a geological mapping of the state.
Some of the minerals discovered in commercial quantity were Uranium, iron ore, manganese, tourmaline, barites, marbles, Galina, coal, kaolin, sulphite, rutile and new limestone deposits.
“We have about 33 solid minerals without having the idea of their value. Going from the nooks and crannies of the state, we discovered that we have a huge deposit of magnetic Iron Ore. The one we have in Mfamosing is different from the one we discovered in Boki and Ikom and that is what the steel company needs. In Yala Local Government Area in Okpoma, we have about 60million metric tonnes of salt. The government will create an enabling environment to ensure that everything we need is acquired even as we will always go through those processes to enable us mine these resources and for investors, we want to assure that bureaucracy will be put in check and we will target all that will make us move forward,” Oben’Etchi said.
In his remark, a mining engineer and interpreter for the Chinese team, Zhao Zhiwei, noted that the discoveries are still subject to laboratory analysis.
“Although we await the result from the laboratory, but as I can see, these mineral resources are very good and are of premium quality. Our governor in Shanxi Province and Directors will be happy to see this,’’ he added.
Anita Fatunji
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Djibouti receives a $35 million grant to expand rural access to drinking water The project will benefit over 120,000 people and strengthen...
DeAfrica is training 1,068 participants from 45 African countries in AI The program aims to prepare youth for a fast-evolving AI-driven economy The...
Ghana will block telecom access for users linked to mobile money fraud The measure relies on the national ID system used for SIM...
ICAO is auditing aviation security in Kinshasa and Lubumbashi from March 18–30 The review is key to improving compliance and restoring...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...