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Saturday, October 28, 2023

Ekiti State Government set to partner private sector on mineral resources.

Ekiti State Government set to partner private sector on mineral resources

The Ekiti State Goverment will create an enabling environment that will stimulate exploration of abundant mineral resources and provide employment for it's treeming youth population. 

Hon. Commissioner for the Ministry of Wealth Creation and Employment, Ekiti State, Otunba Kayode Fasae in his recent engagement of stakeholders in the private sector on the importance of private public partnership in facilitating wealth creation and employment, made this statement in Lagos.

Discussing with the Chief Executive Officer of Multiverse Mining and Exploration PLC, the honorable commissioner conveyed the desire of the administration led by his excellency, the Executive Governor of Ekiti State, Governor Biodun Abayomi Oyebanji, to explore mineral exploration as a path to wealth creation in the state. 

The CEO, Mr. Ayo Oluwasusi explained that his organization would be willing to engage the government in a partnership. He revealed that his organization was willing to confirm the availability of certain resources in commercial quantity, and upon confirmation, was willing to work with the state government to set up the necessary facilities for mining and production. 

At the end of the meeting, it was agreed that such a partnership required the input of other important stakeholders within the government and the private sector. If concluded, the job opportunities to emanate from the partnership was estimated to be around 500 jobs. The commissioner further explained that the provision of jobs would not be an end in itself, but simply a pebble intended to set off a ripple effect of wealth creation for the state.

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