Let me begin by expressing my heartfelt commendation and admiration for the remarkable achievement of establishing the Pacesetter Minerals Development Company in Oyo State under the inspired leadership of Mr Abiodun Oni, in accordance with Omi Tuntun 2.0 vision of Engr Seyi Makinde.
The successful realization of this initiative by Mr Oni is a testament to his vision, dedication, and exceptional ability to rally support from key stakeholders, including the traditional rulers in the Oke-Ogun zones, particularly in Iwajowa local government.
His strategic and persuasive approach in articulating the vision and potential of the Pacesetter Minerals Development Company to the traditional rulers has undoubtedly paved the way for an unprecedented milestone in the development and coordination of mining activities in Oyo State. It is truly remarkable that he has been able to secure the consent and signing of the rulers, especially considering the significant role that Iwajowa local government plays, with its 30% share of the explorable mineral deposits in Oyo State.
This remarkable feat not only exemplifies effective leadership and collaboration but also underscores the profound impact that the Pacesetter Minerals Development Company will have on the mining sector in Oyo State. The establishment of this company marks a significant turning point in the harnessing of our state’s mineral resources and sets the stage for sustainable development and growth in the sector.
The establishment of the Pacesetter Minerals Development Company will undoubtedly be a cornerstone in Governor Seyi Makinde’s mission to bring about significant progress and development in Oyo State. It is an accomplishment that mirrors the unwavering commitment of the state government to the advancement of the mining sector and the overall prosperity of the people.
According to Dr Nelson Mandela; “Great achievements require great vision and leadership”. The visionary leadership and persuasive prowess demonstrated by Mr. Abiodun Oni, have undoubtedly contributed to the milestone achievement that will undoubtedly have a positive ripple effect on the entire state. The unwavering commitment to driving positive change and fostering better coordination in mining activities deserve the highest commendation.
Oyo State has one of the largest deposits of Lithium and Marble/Dolomite in Nigeria, as well as a variety of gemstones, including rubellite, tourmaline and spessartite garnet. Other minerals found in Oyo State include Gold, iron ore, tantalite, columbite, cassiterite, bismuth, syenite, kaolin, and talc. So, very pragmatic and lucrative exploration will be to the advantage of the Pacesetter State people. It is noteworthy to state the Operations of Pacesetter Minerals Development Company is reduce activities of illegal miners and nuisances they constitute to the host communities and the whole State at large, like the suspicion surrounding their involvement in the devastating blast in Ibadan on 16th January, 2024.
One of the most noteworthy advantages of this groundbreaking move is the potential for economic empowerment and sustainable development. The mining company will open up opportunities for employment, skill development, and entrepreneurship, particularly in the host communities. As mining activities commence, local residents will have the chance to gain meaningful employment, acquire new skills, and participate in income-generating activities, ultimately contributing to poverty reduction and improved livelihoods.
Moreover, the establishment of the Pacesetter Minerals Development Company is set to bolster revenue generation for Oyo State. As the company spearheads strategic mineral exploration and mining operations, there will be a significant increase in the state’s revenue base. This influx of funds can then be channeled into vital areas such as education, healthcare, infrastructure, and social welfare programs, thus fostering an environment of progress and improved living standards across the state.
The newly formed mining company also presents an opportunity for sustainable community development. Through strategic partnerships and responsible mining practices, the host communities will witness the implementation of community development initiatives, such as the construction of infrastructure, provision of social amenities, and support for local businesses. This will create a ripple effect, leading to enhanced quality of life and a brighter future for the residents of these communities.
Furthermore, the establishment of the Pacesetter Minerals Development Company aligns with the broader goal of promoting environmental sustainability and responsible resource management. With a strong emphasis on environmentally friendly practices and adherence to regulatory standards, the mining company will not only harness mineral resources but also minimize adverse environmental impacts. This commitment to sustainability will safeguard the natural environment and contribute to ecological preservation of the host communities.
congratulations to Mr. Abiodun Oni, and his team at Pacesetter Minerals Development Company, as well as the esteemed traditional rulers who have shown commendable foresight and support in this endeavor. This visionary move holds vast potential for the prosperity and advancement of the state and its communities, underpinning Governor Seyi Makinde’s commitment to driving progress and development in Oyo State.
Deacon Ayoade Adekola, Former Full-time Board Member, Oyo State Housing Corporation
