✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

FG moves to de-risk investments in mining sector

The federal government has announced plans to partner with the Africa Finance Corporation to gather data that would be used to de-risk investment in the…

The federal government has announced plans to partner with the Africa Finance Corporation to gather data that would be used to de-risk investment in the mining sector.

In a statement Thursday, the Minister for Solid Minerals, Dr. Oladele Alake, said it is consolidating partnerships to develop the necessary data needed to advance the $700bn value under the ground resources the country is yet to explore.

Speaking during a visit by the President/CEO, Africa Finance Corporation, Samaila Zubairu, Alake explained that every effort being made to through policies and programmes to make Nigeria a destination for solid minerals development would be futile if the nation didn’t improve on data.

He said, “These initiatives directly support Mr. President’s renewed hope agenda, particularly in foreign direct investment, job creation and increased fiscal revenues. The agreement is a critical win under the recently announced transformation agenda as it directly supports establishing processing  centres to focus on value- added products ‘’.

Speaking earlier, Zubairu stated that the quantum and value of Nigeria’s solid minerals has made it imperative to develop a framework of partnering with the ministry to grow the sector for rapid economic development of the country.

 

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

AMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.