The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture , and stakeholders in the mining industry have sought increased investments in Nigeria’s mining sector.
The President, Miners Association of Nigeria, Shehu Sanni, said for the sector to grow, there is the need for a conscious and deliberate action that is strategic and timeline based for the development of the sector, saying that the N30 billion interventions by the present administration to salvage the sector is inadequate.
She pointed out that across the world, financing mining is a difficult task, stressing that in Africa it is even more difficult due to the fact that unlike crude oil, mining is a long haul and comes with a lot of risks for investors. She expressed NACCIMA’s total commitment to the full harnessing of the potentials of the mining sector and its entire value chain.
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Source: GuardianNigeria - 🏆 1. / 94 Read more »