Mining: FG Procures N360m Customised Drilling Rigs for NGSA
In attempt to boost geosciences data for operators in the mining sector, the federal government recently disclosed plan to procure N360 million worth multipurpose core drilling equipment for the Nigeria Geological Survey Agency (NGSA).
The minister, while inaugurating the machines in Abuja, noted that, the model of the two rigs was HYDX-5A customised core drilling multi-tech equipment.
According to him, “The Nigerian Geological Survey Agency, (NGSA), being the key agency of the ministry involved in exploration, much is expected in terms of delivering on quality geosciences data.
“However, because of poor funding, a lot of her activities have been hampered by dysfunctional facilities that include obsolete drilling rigs.”
Bwari, while delivering his speech, said, “Understandably though, this negative narrative is changing because of the new thrust of the administration of President Buhari.
“New field vehicles and state-of-the art exploration equipment have been procured, some laboratory facilities have been rehabilitated and commissioned while greater premium on capacity building of staff is being pursued.”
He added that, “In consonance with this new narrative, the NGSA has just procured high calibre drilling rigs worth N360 million following the approval of the Federal Executive Council.
“This is against the background that the agency has been without a functional rig for the past thirty years. This new acquisition represents a clear demonstration of the present administration’s desire to support the growth of the mining sector.”
He explained that the “rigs are multipurpose, designed for coring of rocks which are also relevant in engineering applications.”
“They are areas well adaptable to groundwater exploration. They will be of immense use in pure research pertaining to geo-thermal resources and other earth science studies.”
He added that data generated would be bankable to attract investors.
However, he urged the agency to maintain the equipment and make it a priority. He also advised that all clients should be given equal opportunity to access the equipment.
Bwari, assured that the federal government would continue to support the sector, and also attract investors as Nigeria now gradually returns to retain its position in the global mining industry, a position it was known before.
In his earlier remarks, the Director General, NGSA, Engr Alex Nwegbu, expressed gratitude for the procurement of the two core drilling rigs for the agency.