Why Nigeria is not benefiting from $300 billion global gemstone market -- Experts

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Why Nigeria is not benefiting from $300 billion global gemstone market — Experts

The efforts have made been through the annual African Gems and Jewellery Exhibition and Seminar , which has been in existence since 2017, in partnership with various agencies.

It contributes around seven per cent of the country’s GDP, employing over 4.64 million workers which is estimated to rise by 2022. She said Africa has designs that have not been tapped into. “We have history that goes back to thousands of years, in Africa,” she said. He said plans to achieve sustainable development in Nigeria will help the country lead in the mining industry, adding that acquiring medium and high skills for artisanal miners will help improve the sector.

He said the funds should make an impact in the industry and a committee should be set up to help account for the funds.

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