President Muhammadu Buhari has ordered the Presidential Artisanal Gold Mining Development Initiative PAGMI to provide a six-month progress report on the Solid Minerals Development Fund, designed to capture accruals from investments.
The directive, according to a statement by Special Adviser on Media and
Publicity, Femi Adesina, is to deepen probity and best practices in the
mining sector.
During a briefing by the Steering Committee and Management Team of
PAGMI at the State House, Abuja, the President charged the body to
scale up operations in the sector by ensuring that investments go beyond
artisanal and small scale levels.
President Buhari directed the team to ensure that the fund fasttracks the
work of the Presidential Fertiliser Initiative.
He said all stakeholders must conclude ongoing assignments of
recommending a portion of accruals to be dedicated to the fund.
