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Nigeria to focus on bitumen and coal production
Determined to curtail over-reliance on oil, Minister for Mines and Steel
Development, Alhaji Sarafa Tunji Ishola, has assured that Nigeria would
soon become one of the leading countries in the production of coal and
bitumen. Ishola said if Nigeria fails to achieve this objective before
the expiration of President Umar Yar'Adua's tenure, he should be called
a liar.
"I want to assure Nigerians and I want you to take me up on this, that
before the end of this administration, Nigeria will become bitumen
producing country. That is one of the challenges given to me, we are
going to achieve this by God's grace," Ishola said.
According to him, plans are on the pipeline to launch a policy thrust
tagged, "Mines and Metals," in line with the Manifesto of Peoples
Democratic Party (PDP), including NEEDS and Financial Service Strategy,
to make Nigeria become one of the greatest world economy in the year
2020.
On Ajaokuta Steel, he said he had visited the place and discovered that
production was going on effectively, adding that the company would be
re-energized to meet the needs of Nigerians and the outside world.
"I was at Ajaokuta during the week. I saw the iron rod being produced.
It is in fact challenging, but the challenges are the fact that
government has been directly involved in the production.”
“Now, we are going into government being the administrator and regulator
of the sector and leave its operation to the private sector," he said.
