INVESTORS IN GOVERNMENT AIDED INDUSTRIES
In her drive towards the rapid development and industrialization of the State, the State Government has provided an enabling environment for investors to partake in the exploration and exploitation of the abundant mineral resources especially those whose occurrences have been confirmed or have preliminarily been investigated and those regarded as "strategic minerals" because of their critical importance to the economic, political survival, growth and development of the State. In this regard, Govt. has set up a solid minerals monitoring committee to monitor and control the activities of small scale miners and has also incorporated a mining company that will operate in collaboration with the LGAS and genuine investors to exploit the mineral resources and establish mineral-based potential industries which will ultimately meet the needs of the State and her citizens.
Some of these industries include:
9.the agro" based industries
13.paper and glassworks
14.detergent, soap and caustic soda plants
18.cosmetics and polish and pencil industrial set-ups
19.optical, glassworks; ornamental and jewellery works
20.quarry plants, gypsum and kaolin beneficiation plants, etc.
It is in view of the blue print by Govt. for industrialization that the State has some packaged incentives for the prospective and potential investors and these include, but not limited to the followings:
•Free access to available information and data bank.
•Provision of basic infrastructure in designated industrial layouts;
•Equity participation as desired by the investor especially with the empowered LGAS;
•Provision of access roads to the prospective areas and environmental security to the investors.
•Provision of adequate fiscal, legal and technical policies to the investor to derive greater returns from the mineral-based industries.
Minerals are rare quirks of nature and one of its three great kingdoms distributed sparsely within the crust of the earth and must therefore be carefully searched for. They are useful economically only if sufficiently concentrated in the environment in which they are found; they are the major means by which man channels energy to uses in order to raise his living standards. The State is blessed with abundant mineral resources, and, although not much has yet been done towards detail exploration and exploitation of these resources, occurrences, new discoveries and speculations are being made especially by the small scale or illegal miners in many parts of the state. In general, the State's mineral resources could he classified into three main categories on the basis of their applications, ie. metallic, nonmetallic deposits and precious stones. From the annexes to this write up, it could be seen that our lives and standard of health and comfortable living as it is today wouldn't have been possible without these nature's gifts.
Mineral Resources of the State include:
Agricultural Resources include: