From Abimbola Akosile and Juliana Taiwo in Abuja
Minister for Solid Minerals Development, Alhaji Sarafa Isola, has warned that the continued neglect of communities where natural resources are tapped portends serious danger for the economy.
Isola said this at the opening of the Nigeria Extractive Industries Transparency Initiative (NEITI) North East Road-Show, in Bauchi.
Represented by Director-General of the Mining Cadastre Office, Professor Ibrahim Garba, Isola stressed the importance of taking care of communities where resources are extracted, and urged that they be given a fair share of proceeds from the resources to avoid the repeat of the crisis in the Niger Delta in other parts of the country.
“Before oil became the main stay of the economy, revenue from other resources and taxes were used to develop oil. What is happening in the Niger Delta today will also happen in other regions if government cannot account for revenue, when it comes to taking care of communities," he warned.
In his keynote address, Governor of Bauchi State, Mallam Isa Yuguda, said transparency matters if Nigeria was to make remarkable progress in the extractive industry.
“Transparency matters, it does for a number of reasons. ...