CBN does not believe in or support the Ministry of Mines and Steel – Minister

Sen. Tanko Al Makura (APC-Nasarawa), the committee’s chairman, had stated that the proposals were intended to speed up the transition of the economy from a mono-economy of oil to one based on solid minerals.

Given the wealth of solid minerals resources in all sections of the country, he said the laws, if passed, will make the sector more appealing to investors.

He said that the country’s enormous solid mineral resources were mostly unexplored and that the NMDC would assist address the issue of funding needed for infrastructure development.

He added that it would also help to create jobs and, as a result, eliminate poverty.

Source: NairaMetrics

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More