As the country is doing everything possible to diversify from crude oil, The government is lately focusing on mining and other forms of solid minerals. In an event held lately in Abuja. The Vice President, Yemi Osibanjo made the industry stakeholders understand the efforts that the government is doing to ensure that the mining space is profitable.
In his words, the Vice President said,”The mining sector is one area in which our administration has experienced tremendous growth and success since its inception in 2015. This is because we have committed more resources to the development of the mining sector than any other government in the history of our country. I stated this on behalf President, Muhammadu Buhari while declaring open the ceremony of the 6th edition of the Nigerian Mining week earlier today, and further reiterated our commitment to prioritizing the development of Nigeria’s mineral resources as one of the frontiers for economic growth.”
He added that “Currently, we have a world-class gold mine running in Osun State, the Eko Gold Coin which has been refined to full 24-karat purity, mining industries that supply coal to some of our biggest cement factories, and a steel plant in the process of producing liquid steel, and more, all from natural resources sourced within Nigeria. ”
In conclusion , the VP said “It is my belief that this sector, when fully developed, will outstrip other sectors of the economy in export earnings, and the creation of good-paying jobs and opportunities.”
ANTHONY EMEKA NWOSU