Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News Business

Mining: FG to commence mineral resource development in all regions – Minister

William UkpebyWilliam Ukpe
2 years ago
in Business, Business News
Masters Energy constitutes new board as Ucheh Ogah bows out

Uche Ogah

Share on FacebookShare on TwitterShare on Linkedin

The Federal Government has started the development of mineral resources in all 6 geopolitical regions.

This was disclosed by Dr Uchechukwu Ogah, Minister of State, Mines and Steel Development, on Monday at the 32nd Enugu International Trade Fair.

The Minister revealed that the federal government has started the development of lead/zinc processing cluster in Ebonyi; and other mineral resources development in the region.

READ: FG liberalizes the Mining sector, grants 5 years tax concession to miners

He added that the federal government would exploit comparative advantage and provide support to other production value chains in the nation’s economy, revealing that other salt and limestone facilities would be a needed boost for fertilizer operations.

Other mineral resource clusters he mentioned include a Barite development area in Cross River State for export and for oil and gas production.

“It has also inspired innovative policy solutions to unexpected new challenges in the economic environment.

“I am confident that the Southeast will continue to be at the forefront of investment and industrial innovations to help steer Nigeria towards greater economic development,” he said.

“The pervasive economic disruptions induced by the COVID-19 pandemic have challenged nations to innovate. One pivotal way that proactive countries are adapting to survive the challenging global economic disruptions is to accelerate the evolution of the industrial sector through innovations in the digital economy,” he added.

READ: Nigeria’s first and largest industrial-scale gold mine set to be completed in first half of 2021

What you should know 

  • Nairametrics reported last week that the Minister of Mines and Steel Development, Olalekan Adegbite declared that the mining sector has every local manpower required to drive further growth.
  • He said, “This indeed comes as welcome news to the sector which has been attracting interests from foreign investors from the global mining world, proving that the industry has the local manpower to drive it forward.”

Related

Tags: Mineral resourcesMines and Steel Development

Leave a Reply Cancel reply

HFM
Mega Millions
Mega Millions
Standard
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Amid a bearish market, Voltron Capital sees opportunities investing more in African startups
  • Buhari says naira redesign targets corrupt persons, terrorism financiers as CBN insists on January 31 deadline
  • INEC again extends deadline for collection of PVCs

Follow us on social media:

Recent News

Olumide Soyombo Founder Voltron Capital

Amid a bearish market, Voltron Capital sees opportunities investing more in African startups

January 29, 2023
Buhari says naira redesign targets corrupt persons, terrorism financiers as CBN insists on January 31 deadline

Buhari says naira redesign targets corrupt persons, terrorism financiers as CBN insists on January 31 deadline

January 28, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds

© 2023 Nairametrics