NASS urged to remove mining from exclusive list

The director-general of the Lagos Chamber of Commerce and Industry, Mr. Muda Yussuf, has called on the National Assembly to review the legislation that will remove mining from the exclusive list.

He made the call on Monday in llorin, the Kwara capital while speaking with newsmen.

Yussfu said the measure will allow each state of the federation have better control of the sector.

The Lagos chamber chief executive observed with dismay that under the present arrangement, the royalty from mining from various states goes to the federal government.

He was of the view that if the mining sector is on the concurrent list, states would have better role to play and even generate more revenue.

He commended the efforts of the Minister of Mineral Resources in ensuring that that there is collaboration between the Federal and state governments in the sector.

According to him, the legislative and regulatory issues in mining has been a major bottleneck which needed to be urgently addressed.
Yusuf noted that artisans and informal miners are operating, stating that the Federal government is also putting in a place a policy that will bring all the miners under one umbrella.

He described the mining sector as key to improving the nation’s economy.
The director general urged all sates of the federation to create a conducive environment for in business to thrive and assured that very soon the nation would be out of the present economic recession