Home Business Nigeria secures $150m World Bank loan to support mining sector
Nigeria secures $150m World Bank loan to support mining sector
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Nigeria secures $150m World Bank loan to support mining sector

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Image result for World bank supports Nigeria with $150m credit to enhance mining sectorThe World Bank’s Board has approved a $150 million credit for Nigeria to enhance the contribution of its mining sector.

The project will help establish a strong foundation for mining sector development to competitiveness.

World Bank Country Director Nigeria, Rachid Benmessaoud, said Nigeria has a favourable geological potentials that could support broader economic growth through mining.

He said the sector has been unable to attract investments because of low productivity.

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