The Bauchi State Government has approved the establishment of Bauchi-Mingsheng Company as part of its strategic plan to boost job creation and enhance the state’s internally generated revenue. The Commissioner for Natural Resources Development, Maiwada Bello, announced this at a press briefing following the State Executive Council meeting on Friday.
Bello explained that the initiative stems from the government’s drive to position Bauchi as an investment-friendly hub. He recalled that Governor Bala Mohammed had led a delegation to Shandong province in China in 2023, where several agreements were signed with companies in sectors such as mining, agriculture, and tourism.
The Bauchi-Mingsheng Company, a product of those agreements, will focus on the exploration of rare earth elements like monazite, tin, columbite, and zircon in Toro and Dass Local Government Areas. Bello noted that the company represents a significant step toward public-private partnerships and economic diversification for the state.
According to Bello, the company is expected to attract investments, drive innovation, and create job opportunities for Bauchi residents. He emphasized that the project would also provide essential support to local industries reliant on these minerals, including those in technology and construction.
The commissioner highlighted the infrastructural benefits that often accompany mining activities, such as improved roads and facilities for surrounding communities. He assured that the Ministry for Natural Resources Development is fully prepared to work with other government arms to maximize revenue generation.