RE: Indaba12 Feb 2026 12:36
Last night in Cape Town, South Africa, at the Mining Indaba, I delivered a clear and succinct message to global investors:
OSUN STATE IS OPEN FOR MINING BUSINESS
We have streamlined our permitting and approval processes, cutting timelines by over 50%; completed comprehensive geological mapping to provide bankable, investment-grade data; and strengthened security across our mining corridors; repositioned government — not just as a regulator, but as a committed investment partner.
Our investment vehicle now holds 19 mining licences, and Osun is richly blessed with commercially viable deposits of gold, lead, zinc, quartz, and feldspar.
At the dinner which had His Imperial Majesty, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi ,CFR, the Minister of Solid Minerals, Dr. Dele Alake, Minister of Information and National Orientation, Mohammed Idris, and other notable figures, I acknowledged Romulus Mining for its strong vote of confidence in Osun, with plans to expand its investment in Osun State from $50 million to $150 million over the next three years. That level of commitment does not happen by chance — it happens where leadership is clear and the environment is right.
We are formalising artisanal mining; deploying modern technology; expanding access to finance; ensuring improved community engagements and building a secure, predictable investment climate.
The message was crystal-clear
Osun is stable.
Osun is secure.
Osun is investment-ready.
The future is not coming.
We are building it — boldly and deliberately.