The Nigeria Extractive Industries Transparency (NEITI) said it has confidence in the ongoing efforts by the current leadership at the Ministry of Mines and Steel Development to reform and transform the Nigerian mining sector.
The Executive Secretary of NEITI, Mr. Waziri Adio, stated this recently, while playing host to executive members of Women in Mining, Nigeria (WiMN) led by its President, Hon. (Engr.) Janet Adeyinka at the NEITI Secretariat in Abuja.
Mr. Adio said: “given the quality of leadership currently at the helm of affairs in the Ministry of Mines and Solid Minerals Development under the supervision of Dr. Kayode Fayemi, the solid minerals sector is in good hands.”
According to Mr Adio, “the Mining Sector Roadmap that is currently being implemented by the ministry tapped lots of inputs from several NEITI audit reports. We strongly believe that if well implemented, the Roadmap is capable of transforming the solid minerals sector.’’
While commending WiMN for its work and activities in the solid minerals sector, he assured his visitors that NEITI is ready to work with the organization on issues of women vulnerability and revenue leakages in the sector.
Mr. Adio said NEITI is always ready to get involved in discussion that will address the issues of transparency and accountability to boost government’s revenues from the extractive sector.
Earlier, the President of WiNM, Hon. Janet Adeyinka stated that the main objective of their visit was to explore possible areas of collaboration with NEITI in view of its strategic position in the Nigerian mining sector.
Hon. Adeyemi said while WiNM’s focus is primarily about the vulnerability of women in the extractive industries, the organization is also concerned with transparency and accountability issues in the entire extractive industry value chain, and advocated for policy shift in favor of women in the sector in Nigeria.
She identified issues of poor governance, weak regulatory mechanism, poor data collection, absence of mineral processing plant, illegal mining and fluctuating exchange rates as some of the challenges confronting the development of the solid minerals sector.
Hon. Adeyemi called on NEITI to use its position in the sector to address some of these challenges, noting that her organization will leverage on its relationship with artisanal miners, mostly women in various mining site, to support NEITI in this direction.
Women in Mining, Nigeria(WiMN) is a women-focused organization composed of individuals employed in, associated with, or interested in the mining industry. It was established to foster public awareness of the economic and technical inter-relationship of mineral production with the national economy and the public good.