The candidate of the All Progressives Congress for the forthcoming governorship election in Ekiti State, Dr. Kayode Fayemi, has resigned his position as the Minister of Mines and Steel Development.

Fayemi announced his resignation in a valedictory speech while briefing the media on the mines and steel sector’s performance since he took charge of the ministry on November 11, 2015.

He handed over to the Minister of State for Mines and Steel Development, Abubakar Bwari, who is to serve in an acting capacity.

Fayemi said, “

My exit from the ministry today follows the acceptance of my resignation by President Muhammadu Buhari, effective today, May 30, 2018, to allow me to pursue other political interests. As you may recall, I assumed duty as Minister of Mines and Steel Development on November 11, 2015, following my appointment by the President.”

He revealed that the ministry had got the Federal Government’s approval for a N30bn intervention fund to help provide cheap loans and grants to industry participants and invest in infrastructure.