Nigeria launches roadmap on mining

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Published on
14.11.2018 at 15h21
by
APA News

The National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) says that Nigeria has entrenched a mining roadmap that is focusing on iron ore, gold, bitumen, coal, limestone, lead and zinc and barite.The association said that the roadmap was conceived to raise the contributions of mining to the gross domestic product from 0.3 percent to about 4 percent or 27 billion dollars by 2025.

The National President of NACCIMA, Chief Alaba Lawson, said in New York on Wednesday at the NACCIMA-Diaspora engagement with Nigerian professionals, organisations and investors based in the U.S.

She told the group that a lot of things had changed in Nigeria and has made investment in the country more attractive and urged them to return home to invest.

Lawson said agriculture was now taking its leading role in Nigeria and that the country needs to feed itself instead of using its hard-earned foreign exchange to import foods that it can produce in the country.

On mining, the NACCIMA leader said: “There is no Local Government in Nigeria that has not got its mineral deposit; we are so blessed.

“So we are looking at mining as a very important sector that will replace the oil sector in our country with good policies from the government.”

Lawson said the Nigerian mining sector was being repositioned and that “we are looking at the policies from the government so as to make it a sector one can invest and know that the investment is safe”.

According to her, this is an area the Nigerian Diaspora can look into and invest.

In his remarks, the Director-General of NACCIMA, Amb. Ayoola Olukanni, disclosed that the association has database of genuine businesses that foreign investors could partner and their investments would be secured.

 “So we are calling on you to join us at NACCIMA to make some contributions in our quest to turn Nigeria into a country of our dream.

“Whether we like it or not and wherever we are, home is the best and home is home. This is our clarion call that we should all join hands to promote our nation and build it into our dream,” Olukanni said.

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