By Ogwuche Sunday, Abuja
The House of Representatives has called for the implementation of the discourses at the just concluded COP28 Conference in the UAE by focusing on development of critical minerals for the Just energy transition canvassed at the world climate change conference.
The Chairman, House Committee on Solid Minerals Development, Hon. Gaza Gbefwi, made the call at the launch of the maiden edition of ‘The Geologist,’ a flagship magazine of the Geological Society of Nigeria (GSN) in Abuja, on Monday.
Noting that the conference highlighted the significance of a ‘Just Transition’ within the energy value chain, Gbefwi said the quest to develop critical minerals has rightfully become a focal point for governments, industries, academics, and professionals worldwide, stressing the need for investors to recognise and capitalise on the immense opportunities presented by the ongoing energy transition.
He therefore urged financial institutions, venture capital entities, and the capital market to vigilantly discern and leverage the opportunities at this juncture in the history of Nigeria, being a country endowed with these critical minerals.
Discussing the commitment of the National Assembly to the development of the sector, the Committee Chairman said: ‘In the light of our responsibilities as representatives of the people, it is imperative to acknowledge the pivotal role played by the mining sector in fostering economic growth within our nation.”
He explained that beyond the contribution to industrial fueling, the solid minerals sector serves as a catalyst for employment generation, thereby propelling progress in both urban and rural domains.
Speaking further he said, “In light of this celebratory occasion of the launch of ‘The Geologist,’ let us collectively recommit ourselves to the judicious stewardship of our mineral resources.
“Let us foster an environment wherein research thrives, exchange of ideas flourishes, and the upcoming generation of geologists and miners are inspired to lead with integrity and innovation.”
Gbefwi described the ‘The Geologist’ as a publication-of-note that will serve as “a guiding beacon for researchers, students, and industry professionals, directing them towards sustainable practices and innovative solutions.
He acknowledged the remarkable achievements of President Bola Ahmed Tinubu administration, particularly the attention the solid minerals sector has received, adding that the GSN ceremony transcends the mere introduction of a magazine and the establishment of a geoscience library.
While saying that the ceremony is emblematic of collective endeavors directed towards advancing public comprehension of geology, mining, and their multifaceted societal impacts, the Committee Chairman commended the Geological Society of Nigeria for its unwavering commitment to the promotion of excellence in geosciences and the facilitation of collaboration among academia, industry, and government.
“This commendable initiative attests to the Society’s dedication not only to the preservation of our geological heritage but also to the forging of a dynamic and responsible future.
“The Geologist and its associated geoscience library stand as enduring sources of enlightenment, collaboration, and inspiration for generations to come.
“It is with great honour and enthusiasm that I partake in the unveiling of the maiden edition of ‘The Geologist,’ an endeavor spearheaded by the Geological Society of Nigeria—an organisation that has demonstrated dynamism and intellectual vigor at this moment in time,’ he added.
Speaking at the ceremony, Executive Secretary and Chief Executive Officer, Solid Minerals Development Fund (SMDF), Hajiya Fatimah Umaru Shinkafi, who described the President of the GSN, Mr U. S. Malami as a mentor, said he had inspired the society to take a bold step that is not predicated on profit.’
“So, it is an honour to be at this celebration of success, I am elated and it is in realisation of a lot of our dreams and hopes and conversation over the years that we have worked together, and discussed a lot of problems of the sector and how to solve them,’ the Executive Secretary said.
The Executive Secretary made reference to a point made by the book reviewer who pointed out that the publication sheds light on the connection between geosciences and business, adding that there is need to highlight the crucial aspect to the younger generation of geologists and associated geosciences practitioners.
She pointed out that the economics of geology is important in attracting young talents and brains, Shinkafi expressed confidence in the resourcefulness of ‘The Geologist’ to serve as harbinger of knowledge and values needed by the younger generation to harness the economic opportunities in the industry.
‘The population of young people in Nigeria is more than just an asset, I think it is our greatest resource,” she said, adding that the GSN’s publication had come at a time when it is needed to give guidance and align young energetic Nigerians with the economic opportunities in the country’s mining sector.
“This kind of publication will bridge that gap, and will help to elicit interest in the sector as well as pave way for the growth and development of the sector,” she added.
The President, Geological Society of Nigeria, Mr Uba Sa’idu Malami, on his part, thanked the guests and assured that the Society would sustain its efforts at realising set goals.