NIGERIA’S IRON ORE CAN GENERATE $60 BILLION YEARLY’

Written by on February 28, 2019

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), and stakeholders in the mining industry have sought increased investments in Nigeria’s mining sector.

Reports say, the stakeholders lamented that despite the huge potentials in the sector, it is yet to be given the attention it deserves to change the narrative of the Nigerian economy.
The stakeholders emphasised the need for policy implementation to encourage investors interested in the sector.
The President, Miners Association of Nigeria, Shehu Sanni, in addition, said that for the sector to grow, there is the need for a conscious and deliberate action adding that adding that the volume of iron ore alone can generate over $60 billion on yearly basis if well managed.


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