The Oyo State Government has signed a Memorandum of Understanding with a Hong Kong-based firm, HSIT, on data capturing of the marble deposit at Igbeti, in the Olorunsogo Local Government Area of the state.
The Chairman of Oyo State Minerals Development Agency, Mr Abiodun Oni, signed the MoU on behalf of the state while the Managing Director of HSIT, Mustapha Alfarra, signed for the company. The data capturing exercise will be carried out to determine the quality and the quality of the marble beneath the ground in a section of the extensive marble field in the town.
Oni, a seasoned geologist, told our correspondent in an interview after the signing of the MoU on Friday that the interest of the state, the host communities and the environment would not be toyed with in any arrangement with investors…
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News Archive from before July 2018