Dr. Kayode Fayemi has resigned as the Minister of Mines and Steel Development to concentrate on the July 14 governorship elections, New Telegraph reported on Thursday.
Fayemi has handed the reigns to Abubakar Bwari who will act in that capacity until a decision is made on who will take over on a permanent basis.
During his farewell speech at the ministry’s headquarters, Fayemi said the achievement in the sector has placed Nigeria among global mining destinations with low risks, also highlighting achievements recorded in the sector since he was appointed minister including final moves to fully return Ajaokuta Steel Company to the Federal Government.
He said: “This occasion of the valedictory ministerial briefing marks the conclusion of my tour of duty as Minister of Mines and Steel Development. On one hand, I have a deep sense of pride about my contributions to the landmark achievements we have been able to achieve in the sector and I am thus transitioning out with my head held high.”
President Muhammadu Buhari accepted Fayeni’s resignation letter three weeks ago, which would become effective on 30 May 2018.
Fayemi will stand for the July governorship election in Ekiti where he is the APC candidate.