• About Us
  • Contact Us
  • Privacy & Policy
Thursday, June 19, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

The Federal Government Introduces A Software Tool To Present Nigeria’s Abundant Mineral Resources To Potential Investors

Martins Nwakaji by Martins Nwakaji
October 9, 2024
in National, News
Reading Time: 3 mins read
A A
0
The Federal Government Introduces A Software Tool To Present Nigeria’s Abundant Mineral Resources To Potential Investors
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

The Federal Government has introduced the Nigerian Minerals Resource Decision Support System (DSS), to aid investors in making well-informed decisions within the sector.Dr. Dele Alake, the Minister of Solid Minerals Development, revealed the software yesterday in Abuja.

The DSS is an extensive software platform serving as a centralized hub for investors seeking reliable and crucial information on Nigeria’s mineral resources, facilities, and infrastructure.It was developed to raise awareness of Nigeria’s mineral potential to a wide audience, showcase transparency and dependability in public services, and promote the growth of the national economy.Alake stated that the software is part of President Bola Tinubu’s revitalized commitment to overhaul the solid minerals sector and enhance the country’s economic standing.

He emphasized that revamping the sector involves introducing technological advancements in marketing, which the software effectively utilizes to accomplish.”Generating investor traffic necessitates the implementation of strategies for gaining a competitive edge. Technology has introduced new avenues to achieve this strategy.

“What we are inaugurating today is a game-changing tool. It is the most investor-friendly attraction that has ever been introduced in this industry. Its aim is to reduce the costs associated with investment research,” he remarked.He characterized the software as a marketing tactic designed to streamline the process of conducting business in the solid minerals sector by facilitating investor access to essential information for making informed decisions.He explained that the software is interactive with users and provides data on the geology, hydrology, and urban geography of the mining business.

“It addresses these inquiries through electronic diagrams and maps, enabling you to develop scenarios for projecting your mining investments, planning your budget, and commencing operations,” he articulated.According to the minister, Nigeria is committed to diversifying its economy, especially given the global surge in energy transition, which has led to a high demand for critical minerals that Nigeria possesses in substantial quantities.”Our mineral resources have the potential to surpass oil in contributing to the country’s Gross Domestic Product (GDP),” he pointed out.

The minister highlighted that since the inception of Tinubu’s administration, the ministry has been actively engaged in aggressive marketing efforts to attract investors to the sector, which have yielded positive outcomes.He mentioned that the government has implemented policies and initiatives aimed at cleansing the sector, including a dual-pronged approach of coercive and persuasive measures to combat illegal mining.He detailed that part of the coercive measures involves the establishment of the Mining Marshal Corp, which has been deployed to all 36 states and the Federal Capital Territory (FCT) to secure the mining environment.

He added that the persuasive measure entails formalizing artisanal and illegal miners into cooperatives, resulting in the formation of over 150 cooperatives.In his message of goodwill, the Minister of Interior, Olubunmi Tunji-Ojo, emphasized that the newly unveiled portal is beneficial for all Nigerians and encouraged potential investors to capitalize on it to explore investment opportunities.

FG Introduces Software to Showcase Nigeria’s Mineral Resources to InvestorsDr. Mary Ogbe, the ministry’s permanent secretary, encouraged Nigerians to focus on marketing the country’s mineral resources and to remain patient in achieving the anticipated results, as every country faces its own set of challenges.From: Nwakaji Peace Martins

Martins Nwakaji

Martins Nwakaji

Related Posts

2027: APC Chieftain Dispels ‘Malicious Rumours’ Of Plans To Substitute Shettima 
National

2027: APC Chieftain Dispels ‘Malicious Rumours’ Of Plans To Substitute Shettima 

14 hours ago
Police Grants Pastor Adefarasin Bail Over Viral Stun Gun Video
National

Police Grants Pastor Adefarasin Bail Over Viral Stun Gun Video

14 hours ago
Tinubu Visits Survivors Of Yelewata Attack In Benue Hospital
National

Tinubu Visits Survivors Of Yelewata Attack In Benue Hospital

14 hours ago
We’ll train Benue youth vigilantes to fight terrorists –CDS, Christopher Musa
National

We’ll train Benue youth vigilantes to fight terrorists –CDS, Christopher Musa

19 hours ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

2027: APC Chieftain Dispels ‘Malicious Rumours’ Of Plans To Substitute Shettima 
National

2027: APC Chieftain Dispels ‘Malicious Rumours’ Of Plans To Substitute Shettima 

14 hours ago
Police Grants Pastor Adefarasin Bail Over Viral Stun Gun Video
National

Police Grants Pastor Adefarasin Bail Over Viral Stun Gun Video

14 hours ago
Tinubu Visits Survivors Of Yelewata Attack In Benue Hospital
National

Tinubu Visits Survivors Of Yelewata Attack In Benue Hospital

14 hours ago
We’ll train Benue youth vigilantes to fight terrorists –CDS, Christopher Musa
National

We’ll train Benue youth vigilantes to fight terrorists –CDS, Christopher Musa

19 hours ago
Tinubu can’t find solution to Nigerians’ suffering, says Group 
National

NIN to link credit profiles, loan defaulters can’t renew passport, driver’s license

19 hours ago
Tinubu blames gov Alia for Benue’s Yelewata massacre
National

Tinubu blames gov Alia for Benue’s Yelewata massacre

19 hours ago

POLITICS

Former Loyalist accuses Peter Obi of Betrayal

Former Loyalist accuses Peter Obi of Betrayal

5 days ago
2027 election: `Democracy must reflect will of the people` Peter Obi warns

Labour Party Chieftain points accusing fingers at Obi over crisis

5 days ago
Saraki Replies To Tinubu’s Mockery Of Opposition, Says They Will Sort Themselves Out.

Saraki Replies To Tinubu’s Mockery Of Opposition, Says They Will Sort Themselves Out.

6 days ago
Peter Obi Accuses Tinubu Of Hypocrisy, Misplaced Priorities

Peter Obi Accuses Tinubu Of Hypocrisy, Misplaced Priorities

6 days ago
I’m glad PDP, LP, NNPP are in crisis – Tinubu

I’m glad PDP, LP, NNPP are in crisis – Tinubu

6 days ago
Democracy Day: It Is Indeed A Pleasure To Witness You In Such A Disarray – Tinubu to Opposition Parties

Democracy Day: It Is Indeed A Pleasure To Witness You In Such A Disarray – Tinubu to Opposition Parties

7 days ago

YOUR ECONOMY

Enforce Transparent Pump Pricing, oil marketers Cheating Nigerians, PENGASSAN laments
Economy

Enforce Transparent Pump Pricing, oil marketers Cheating Nigerians, PENGASSAN laments

2 days ago
PETROAN kicks against Dangote’s petrol distribution strategy
Economy

PETROAN kicks against Dangote’s petrol distribution strategy

2 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery Begins Distribution of Petrol Nationwide

3 days ago
Nigeria Stock Exchange to Partner with Hong Kong’s Stock market
Economy

Nigeria Stock Exchange to Partner with Hong Kong’s Stock market

1 week ago
Dangote refinery is Tinubu’s brainchild – Aliko
Economy

Dangote refinery is Tinubu’s brainchild – Aliko

2 weeks ago
FG will revive cocoa industry – Shettima
Economy

FG will revive cocoa industry – Shettima

2 weeks ago

E & P

Trent Alexander-Arnold unveiled for Real Madrid
National

Trent Alexander-Arnold unveiled for Real Madrid

by Steven Atogi
6 days ago
0

England international, and Former Liverpool left back, Trent Alexander-Arnold has officially joined La Liga giant, Real Madrid, as a free...

Matheus Cunha joins Man United from Wolves

Matheus Cunha joins Man United from Wolves

7 days ago
Friendlies: Senegal’s Lions of Teranga beat England’s Three Lions 3-1

Friendlies: Senegal’s Lions of Teranga beat England’s Three Lions 3-1

1 week ago
Nuno Mendes shines at Nations League final

Nuno Mendes shines at Nations League final

1 week ago
Portugal beats Spain in Nations League final

Portugal beats Spain in Nations League final

1 week ago
France beat Germany to third place at Nations League

France beat Germany to third place at Nations League

2 weeks ago

YOUR THOUGHT & HISTORY

ON THE PUBLIC NUISANCE CALLED SOWORE
Opinion

ON THE PUBLIC NUISANCE CALLED SOWORE

by Kiikpoye Karibo
4 months ago
Data Visualizations
Columns

Five Key Considerations for Creating Effective Data Visualizations

by Blessing Chinyere Daniel
5 months ago
The Transformative Power of AI in Revolutionizing Industries and Empowering Growth
Columns

The Transformative Power of AI in Revolutionizing Industries and Empowering Growth

by Blessing Chinyere Daniel
6 months ago
Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit
Columns

Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit

by Uloma Harrison-Ikenwanze
6 months ago
The Power of Data in Today’s World
Columns

The Power of Data in Today’s World

by Blessing Chinyere Daniel
7 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

2027: APC Chieftain Dispels ‘Malicious Rumours’ Of Plans To Substitute Shettima 

2027: APC Chieftain Dispels ‘Malicious Rumours’ Of Plans To Substitute Shettima 

June 18, 2025
Police Grants Pastor Adefarasin Bail Over Viral Stun Gun Video

Police Grants Pastor Adefarasin Bail Over Viral Stun Gun Video

June 19, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address