5 Countries to Invest in Nigeria’s Mining Sector

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Alhaji Sani Shehu, the President, Miners Association of Nigeria, has announced that five countries have declared interest in investing in Nigeria’s mining sector.

According to the report made available to News Agency of Nigeria (NAN) in Abuja, the countries are Thailand, South Africa, Dubai, Canada and Australia.

Shehu said they had declared interest to come to Nigeria with their equipment and start mining very soon.

He also said their investment in the sector would boost Nigeria’s economy and create job opportunities.

He added that Nigeria has a favourable geology with numerous mineral resources and readily available geosciences data for prospective investors.

While encouraging the investors, Alhaji Shehu said the Nigerian Minerals and Mining Act, 2007, and its Regulations 2011, were in line with international standard.

 

Source: Today.ng

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