Abuja forum to enhance growth of mining sector

by News24

Abuja - Key role players in the mining industry will converge in Abuja later this month to explore strategies to steer the growth of the industry.

They will meet under the auspices of the International Partnerships for African Development (iPAD) Nigeria Mining Forum.

The upcoming forum, in partnership with PwC Nigeria, is regarded as a long-overdue strategic investment platform that will gather key role players including current and prospective investors, legal advisors, regulators, mining professionals and other stakeholders.

They will discuss issues around Nigeria's vastly under-exploited natural resources include about 44 varieties of minerals in over 500 locations.

“Nigeria is perhaps the last remaining frontier for mineral investment in the region. With the wide occurrence of minerals and a history of mineral production, Nigeria presents a rare opportunity for serious investors and that opportunity is worth exploring,” said Olayinka Mubarak, Group Head, Solid Minerals and Metals, Large Enterprises Directorate, Bank Of Industry in Nigeria.

Mubarak will be a panellist during a discussion on "Available financial support for a growing industry.”

Also read: FG will no longer tolerate illegal mining: Buhari

The Bank of Industry and the MRI Group are both silver sponsors at the event.

The Miners Association of Nigeria (MAN) is also an official partner of the event.

"My excitement about the mining industry in Nigeria is its ability to accommodate every player: small, medium and large. The mining sector also gives massive employment and creates a lot of activities in the rural areas,” said Alhaji Sani Shehu, the MAN President.

He said his vision for the mining industry was to see a mechanized and robust industry that produces a processed minerals for export and industrial minerals as raw material for our local industries.

Scheduled for November 18 and 19, the iPAD Nigeria Mining Forum is organised by Spintelligent, leading Cape Town-based trade exhibition and conference organiser, and the African office of Clarion Events Ltd, based in the UK in partnership with PwC Nigeria.

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