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FG, UNIDO encourage investors to invest in Nigeria’s mining sector

The Federal Government and the United Nations Industrial Development Organisation (UNIDO), have called on investors to go into Nigeria’s mining sector, Vanguard reports.

The call was made at the inauguration of ‘Development Partners and Donor Agencies Coordination Group on Mining’ by the Minister of Mines and Steel Development, Dr. Kayode Fayemi, in Abuja. The coordination group include the Department for International Development, World Bank, Ford Foundation, Medecin San Frontiers, Open Society for West Africa, United Nations Industrial Development Organisation, United Nations Development Project, African Development Bank, African Union, Economic Community for West African States and the Ministry of Mines and Steel Development.

In his goodwill message, the UNIDO Regional Director, ECOWAS, Dr. Jean Bakole, said investors should take advantage of the over 44 minerals deposits in Nigeria including coal, which has enormous potential of not only diversifying its economy, but also generating jobs and creating wealth through the mining sector. “In this light, Nigeria has taken a bold step towards developing a roadmap that will ensure that mining takes back its glorious days and becomes a major contributor to the economy and GDP of the country,” he said.

The post FG, Unido Encourage Investors to invest in Nigeria’s mining sector appeared first on Energy News | Oil and Gas News.



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