FG Unveils Mining Decision Support System to Unlock Economic Opportunities

The Federal Government has unveiled the Nigeria Mineral Resource Decision Support System (NMDSS) to unlock economic opportunities in the mining sector. This innovative platform aims to empower stakeholders, attract investment, and drive sustainable development.

Dr Dele Alake, Minister of Solid Minerals Development, emphasised the NMDSS’s role in supporting President Bola Ahmed Tinubu’s agenda for economic growth and development. He highlighted the platform’s user-friendly interface, interactive mapping, customisable base maps, and data-driven decision-making capabilities.

“This event is crucial to the Renewed Hope Agenda of President Bola Ahmed Tinubu because it creates a critical instrument for economic growth and development,” Dr Alake stated. “It is an investor-friendly magnet that seeks to cut the cost of investment research.”

The NMDSS provides investors with instant access to essential data, including geological surveys, infrastructure maps, and environmental information. This eliminates the need for costly travel and streamlines the investment process.

“The significance of this software to ease of doing business in the Mining sector is obvious,” Dr Alake noted. “It answers the questions bothering any investor in the mines: Is there labour to employ? Is there a river or stream that I can use its water for processing? Is there a network of roads to haul my excavated materials to the factory?”

The Minister of Interior, Olubunmi Tunji-Ojo, pledged support for the initiative and commended Dr Alake’s efforts in promoting the mining sector globally.

Dr Mary Ogbe, Permanent Secretary of the Ministry of Solid Minerals Development, urged Nigerians to embrace the NMDSS and contribute to the sector’s growth.

“It is time for us to stop ill talking about our country,” Dr Ogbe stated. “There is no country without challenges, they have all passed through these stages. Nobody will market our country for us.”