By Dare Balogun, 14th May, 2024
To boost ease of doing business in the mining sector, the Federal Government has launched the Nigeria Mineral Resources Decision Support System (NMDSS).
Launching the system, the Minister of Solid Minerals Development, Dr Dele Alake stated that the portal underscores the commitment of the federal government to expanding access of prospective investors to necessary information about Nigeria’s mineral deposits, policies guiding the mining sector and incentives for investment from anywhere in the world.
The Nigeria Mineral Resources Decision Support System (NMDSS) is a marketing strategy to enhance the ease of doing business in the solid minerals sector.
His words: “Before, if you are a prospective foreign investor, you have to travel to Nigeria with your contingent to access required information. But with this launch today, anywhere you are in the world, with a click of a button, you can access all the information you require to make informed investment decisions about the mining sector, ”
Speaking further, Dr. Alake emphasised that the support system will assist critical stakeholders in the mining sector and potential investors to garner requisite information, bringing them closer to the industry and providing answers to pertinent questions about mineral deposits and mining infrastructure amongst others.
Highlighting on-going efforts to sanitise the mining sector, the Minister revealed that the nefarious activities of illegal miners are being curbed by the recently unveiled mining marshals, whilst about 152 cooperatives have been formed by artisanal miners to legalise their operations, in line with his 7-point agenda.
In his remarks, the Minister of Interior, Hon. Tunji Olubunmi-Ojo lauded the transformative leadership that his solid minerals counterpart has brought to bear on the mining sector, noting that the launch of the NMDSS is a game-changer that will attract more foreign investments.
“Saudi Arabia today has non-oil industry contributing over 50% to her Gross Domestic Product (GDP). If Saudi Arabia can do it, Nigeria can do it, and the journey starts with the ministry of solid minerals. With a workaholic and visionary minister like Dr. Alake, working earnestly to attract the big players and also supporting local operators, the sky is the starting point. For us in the Ministry of Interior, we are there to support because a reformed mining industry is the pivot of the Renewed Hope agenda, “Hon. Olubunmi-Ojo said.
The Permanent Secretary, Ministry of Solid Minerals Development, Dr. Mary Ogbe, in her closing remarks, charged critical stakeholders in the mining sector and Nigerians at large to market the nation’s vast solid minerals potentials, stressing that reforms of the present administration are steadily repositioning the mining sector.
The Nigeria Mineral Resource Decision Support System (NMDSS) is a comprehensive software platform that serves as a one-stop shop for investors seeking credible and decisive information about Nigeria’s mineral resources, facilities and infrastructure.
The NMDSS portal can be accessed via:
https://miningdecision.minesandsteel.gov.ng/nmrdss/.
