For very long, Nigeria has focused on the Oil and Gas sector for revenue generation without enough attention given to other sectors which have great potential for national prosperity.
For Alhaji Shehu Badamasi, “Most people underestimate the importance of the role of the mining sector. Globally, it is a thriving industry that has great potential for national and regional development. There are many national governments of countries that mine and export minerals and rely heavily on that industry to boost their economic performance.”
On whether Nigeria’s mining sector is doing well in terms of policy and funding, the Shehu Badamasi remarked, “You will recall that the present administration of President Buhari in 2016 approved a N30 billion mining intervention fund targeted at boosting activities of operators in the mining sector. With regard to policy, the government’s policy has been geared towards formalization of illegal mining as a way of curbing its implications on…
Source: Vanguard Newspaper