EXCLUSIVE: Report on Nigerian National Mining Summit

Abuja Nigeria played host to the maiden edition of National Mining Summit themed “Unearthing Nigeria’s Mining Sector”. Speaking in Abuja at the opening ceremony of the maiden edition of the National Mining Summit, the acting-President of Nigeria Prof Yemi Osinbajo, stated the mining sector is to receive US$600 million of investment funds through amongst others, …

Nigeria/South Africa Restate Commitment to Cooperation In Mining

The Minister of Mines and Steel Development, Dr. Kayode Fayemi and his South African counterpart, Mr. Mosebenzi Joseph Zwane have restated their commitment to the improvement in cooperation of the two countries in mining and minerals development. The two Ministers gave the assurance at a meeting held in Abuja while receiving the progress report of …

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Mining, a Priority Sector to FG – Osinbajo

….applauds growth in sector, as mining summit kicks off in Abuja Acting President, Prof Yemi Osinbajo has restated the commitment of the Federal Government to diversify and grow the economy through the mining sector, saying that growth currently being recorded in the sector is an indication that government is on the right path. Speaking, while …

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Minister’s Opening Address at the National Mining Summit

Protocols Your Excellencies, Honourable Ministers, Distinguished Ladies and Gentlemen, on behalf of the leadership and staff of the Federal Ministry of Mines and Steel Development, I am most delighted to welcome you to Abuja, Nigeria, and to thank you for honouring us with your presence at this conference. The African Mining Vision (AMV) was adopted …

NSIA, Others to Invest $600m in Mining Sector, Says FG

Acting President Yemi Osinbajo on Tuesday disclosed that the federal government was currently working with the Nigerian Sovereign Investment Authority (NSIA), the Nigerian Stock Exchange (NSE) and others to gather $600 million investment fund for the mining sector. Osinbajo added that the federal government has also secured funding from both domestic and international sources for …

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South African Equity Investor Set to Increase Power Generation in Nigeria

The federal government is set to partner with South African equity investor, Simang Group and the Enugu state government to revive the coal industry for the benefit of the South East geopolitical zone. This partnership is expected to boost the economic climate of Enugu state and by extension the south east. “We have always been …

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