Gatekeepers News reports that Alake said this while briefing state house correspondents shortly after the Federal Executive Council, FEC meeting at the State House in Abuja on Monday.
The Minister, however, assured that his ministry is taking steps to inject new technologies into the mining sector to tackle the challenge and enable Nigeria to have optimum benefits from the solid minerals sector.
Alake explained that his ministry is liaising with the Nigerian armed military and other security agencies in the country to boost security in areas where solid minerals abound in the country.
He disclosed that FEC approved a draft policy document on the solid minerals sector which highlights measures to be taken for adequate utilization of the country’s mineral resources.
The Minister expressed optimism that solid minerals will soon become a major source of funding for the country’s budget.
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