October 14, 2008

Nigeria to launch new policy on mining and steel sectors soon

It is reported that the Nigerian Federal Government would soon launch a new policy that would cover every aspects of mining and steel development in Nigeria. The policy would re organize mining operations for optimal benefits to the country and all stakeholders in the sector.

Mr Alhaji Ahmed Mohammed Gusau Nigerian minister of state mines and steel development disclosed this during the visit of Artisinal and Small Scale Miners Association. He noted that the present administration was committee to the encouragement of Nigerians to invest in the mining sector as a source of income and employment.

He said the Federal Government is poised to give the necessary leadership to monitor and ensure that a conducive atmosphere was created for investors to explore and exploit the minerals resources in the country.

On the Artisinal and Small Scale Miners Association who came to seek government support and cooperation against importation of barite by multinational companies, the minister promised to look into the issue carefully and have discussions with all stakeholders.