President Muhammadu Buhari has approved the constitution of the Board of Solid Minerals Development Fund.
A statement by the Ministry of Mines and Steel Development said that Buhari charged the seven-member board to carry out its duties diligently.
The statement signed by the Permanent Secretary in the ministry, Alhaji Mohammed Abbas, said that the board had Alhaji Uba Malami from Nasarawa State, a Geologist and former Vice-President of the Abuja Chambers of Commerce, as Chairman.
Members of the board are Mr Demola Gbadegesin, a mining investor and electrical engineer from Oyo State and Mr Theo Iseghohi, Managing Director of Nishan Industries Limited, who hails from Edo.
Other members are Mr Samuel Eze, an accountant and former banker from Ebonyi State; Hajiya Fatima Shinkafi, a chemist from Zamfara; Dr Uwatt Bassey Uwatt from Akwa Ibom and Ms Yinka Mubarak.