Afrocover
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us
No Result
View All Result
Afrocover
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us
No Result
View All Result
Afrocover
No Result
View All Result

FG establishes gemstone centres to boost mining entrepreneurship

April 4, 2025
in Economy, News
0
FG establishes gemstone centres to boost mining entrepreneurship
Share on FacebookShare on TwitterShare on Whatsapp

The federal government has reiterated its commitment to establishing more gemstone and jewellery-making centres across the country to boost entrepreneurship in the mining industry and support the local value addition policy.

The Minister of Solid Minerals Development, Dr. Dele Alake made this disclosure during a tour of the Laurel School of Mining in Abuja. He commended the centre for leading the way in training jewelry and gemstone makers, expressing satisfaction with the quality of the jewelry produced. He emphasized that the products are comparable to the best on the international market.

According to him, “From our raw materials such as gold, sapphire, gemstones, and the likes, we are now seeing finished products—jewelry—being created at this centre. That is value addition. This is a significant contribution to our mining industry, which has the potential to provide employment for our youth, drive industrialization of the sector, and generate more revenue for the country.”

Read also: Ojulari takes over as NNPC GCEO, promises continuity
In a statement by the Special Assistant on Media
to the Minister of Solid Minerals Development, Segun Tomori, the Minister reiterated the Federal Government’s commitment to strengthening production at the centre and assured that more such centres will be established across the country once the 2025 budget implementation begins.
Furthermore, he highlighted the importance of increasing jewelry production, not just to meet local demand, but also for export purposes, noting that this sector has the potential to become a major foreign exchange earner for the country.

However, In his remarks, the MD/CEO of Laurel School of Mining, Tope Adebanjo, expressed gratitude to the Ministry for its support, stressing that the ongoing Batch 4 Advanced Master Class training would not have been possible without the Ministry’s assistance.

He also outlined plans to further develop entrepreneurs in Nigeria’s gemstones and jewelry industry and requested continued support from Dr. Alake to ensure maximum utilization of the centre’s equipment to foster the growth of mining entrepreneurs who will create wealth and employment opportunities for the nation’s youth.

The Minister welcomed the initiative and directed Mr. Adebanjo to submit a detailed proposal to the Permanent Secretary, Dr. Mary Ogbe, for further action.

The Laurel School of Mining is a professional training facility dedicated to the development of the gem and jewelry industry. It focuses on mining, exploration, and manufacturing of high-quality gemstones and jewelry, with support from the Ministry of Solid Minerals Development.

Related Posts

36-year-old fake Army major arrested at Lagos market
News

36-year-old fake Army major arrested at Lagos market

A 36-year-old man, Animashaun Khalid, has been arrested by the 9 Brigade of the Nigerian Army, Ikeja for impersonating...

by Emmanuel Oluwadola
August 25, 2025
‘Hope’, Nigerian boy once branded a witch, graduates primary school
News

‘Hope’, Nigerian boy once branded a witch, graduates primary school

Hope, the Nigerian child who was abandoned and left to die after being branded a witch by his family...

by Rasheed Aladejana
August 25, 2025
Kwara communities protest against opening of hotels, alcohol joints
Economy

Kwara communities protest against opening of hotels, alcohol joints

Landlords and residents of Kwara communities have opposed the establishment of hotels and alcohol-serving joints in the neighborhoods. Chairman...

by Editor
August 25, 2025
Plateau: Troops reject N13.7 million bribe from terrorists
News

76 kidnap victims rescued from ‘bandit’ camp in Katsina

Nigeria's military in northwestern Katsina State has rescued not less than 76 kidnap victims, including women and children. According...

by Emmanuel Oluwadola
August 25, 2025
Next Post
New Alaafin: Heavy security presence in Oyo ahead of coronation

New Alaafin: Heavy security presence in Oyo ahead of coronation

Afrocover news

The Afrocover team is a group of media enthusiasts that are committed to illuminate information fairness and objective media coverage across Africa. We also cover the depth of African Politics, History, Culture, Entertainment, and the Economy as the case may be.

© 2025 Afrocover – All right reserved

Subscribe To Our Newsletter

Loading
Facebook Twitter
No Result
View All Result
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.