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FG raises N600m investment fund for mining sector
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FG raises N600m investment fund for mining sector

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Image result for Mining nigeriaFederal Government is in the process of raising $600m for the development of the solid minerals sector.

Acting President, Yemi Osinbajo, made this known at the opening of the National Mining Summit in Abuja.

Osinbajo said investment funds will be raised through the Nigerian Sovereign Wealth Investment Authority,Nigerian Stock Exchange and other sources.

He explained that the mining sector was a priority for the government and key for economic growth.

Minister of Mines and Steel Development, Kayode Fayemi, said stakeholders would work together to make the sector viable.

 

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