Our plan to increase mining’s N400b revenue, by Fayemi
Minister of Solid Minerals Kayode Fayemi yesterday said the mining sector’s N400 billion contribution to the Gross Domestic Product (GDP) will soon go up.
Nigeria has 44 mineral assets, including precious minerals, which, Fayemi said, could make the sector a key source of economic growth and diversified revenue base for Nigeria.
He gave all mining licensees till March 1 deadline to use their licences or lose them.
He said the administration of President Muhammadu Buhari was committed to the revival of the Ajaokuta Steel Complex (ASC).
Source: The Nation
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