Osun State Governor, Ademola Adeleke, has urged local and foreign investors to harness the state’s vast solid minerals potential and invest in the state, noting that the state could boast of enhanced security and has a significantly improved ease of doing business environment.
The governor, according to a statement signed by his spokesperson, Olawale Rasheed, obtained in Osogbo on Wednesday, stated this in Cape Town, South Africa, at a high-level dinner hosted by Romulus Mining on the sidelines of the Mining Indaba.
Adeleke at the event, attended by the dignitaries that include Minister of Solid Minerals Development, Mr Dele Alake, the Ooni of Ife, Oba Adeyeye Ogunwusi, further outlined Osun’s strategic roadmap to position mining as a key driver of economic diversification, job creation and sustainable internally generated revenue.
He disclosed that his administration has implemented far-reaching regulatory reforms to attract credible and long-term investors, noting that state-level permitting and approval processes have been streamlined, cutting timelines by over 50 per cent.
He stated that “Osun State is richly endowed with commercially viable deposits of gold, lead, zinc, quartz and feldspar, supported by 19 active mining licences operated under the State’s investment framework.”
He further noted that the government has strengthened “security architecture around mining corridors while expanding public-private partnerships to promote local processing and value addition.
“The state is formalising artisanal and small-scale mining through targeted training programmes, access to finance and the deployment of modern mining technology, aimed at improving productivity, safety and regulatory compliance.
“Osun State is open for mining business. The government is not just a regulator; we are a committed partner focused on delivering predictable policies, secure operations and sustainable returns for investors.”
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