Osun Gets N100m Sign-on Mining Fee from Canadian Company - THISDAYLIVE

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Osun Gets N100m Sign-on Mining Fee from Canadian Company

Osun State has received N100 million from Badger Mines, a Canada-based mining company, as sign- on fee for exploration and development of one of the state’s mining titles.

Oyetola, who expressed optimism that the summit would achieve the desired results going by the positive response obtained so far from key players in the private sector, said the government was fully prepared to give all the support required for investment to thrive, particularly in mining, tourism and culture and agriculture.

“No other state in Nigeria can offer the unique combination of both regulatory and commercial fusion. We are a risk-ready State with an appetite for enterprise and reward for winnings. “The intervention areas are Osun/Omoluabi Mining Business Restructuring Scheme to commercialise the state-owned mining company. Osun Revenue Diversification and Maximisation Scheme is a scheme to register all miners, mines and mining equipment and report on all mining activities in the State in partnership with private sector technology partners.

Osinbajo, who was represented by the Senior Special Assistant to the President on Trade and Investment, Dr. Jumoke Oduwole, also lauded the Governor for providing what he described as focused inspirational and well-meaning leadership in the state.

 

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