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DAMILOLA AINA sheds light on several complex and interrelated issues surrounding the revocation of mining exploration licenses in Zamfara State and the global resurgent demand for gold

The recent announcement by the Federal Government, through the Ministry of Solid Minerals Development of lifting the ban on mining exploration in Zamfara State has triggered reactions akin to the explosive force of a dynamite blast, attracting diverse comments. This decision has been met with both praise and concerns from stakeholders and investors in the mining sector.

Many have commended the move, recognising its potential to stimulate economic growth and investment and also stressed the urgent need for the implementation of robust security measures to ensure the safety of operations and personnel in the region, which security challenges have plagued in recent years.

The Nigerian mining sector, particularly in Zamfara state, has long experienced both opportunities and challenges. With abundant mineral resources, especially gold, the region has the potential to significantly contribute to the nation’s economic development.

https://punchng.com/cautious-optimism-as-fg-lifts-ban-on-zamfara-mining/