PPP key to sustaining Nigerian mining sector investment drive, development – DG
Story from Abah ADAH, Abuja
The Director-General (DG) of the Nigerian Mining Cadastre Office (MCO), Engr. Obadiah Simon Nkom has reiterated the need for Public-Private Partnership to sustain investment drive and fully develop the solid mineral sector.
Engr Nkom said this while receiving in his office, a delegation of the Abuja Chamber of Commerce and Industry ACCI, led by the Vice President Mining, Dr Johnson Kanayo Anene who is also the chairman, ACCI Mining Trade Group.
In a statement signed by the Head, Press and Public Relations, MCO, Folasade Fatoke, Dr Anene informed the DG of ACCI’s plan to host an annual International Mining Policy Conference with the first edition scheduled to hold in 2022.
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Engr Nkom who welcomed the idea of the conference said a new development within the world economy is causing a high demand for certain minerals available abundantly in Nigeria.
“We are aware of the electric-powered cars and Nigeria is blessed with such basic solid minerals that are now billed to power the world’s economy in the next few years,” he said.
He, therefore, called for intense participation of the private sector, stressing that the private sector should take advantage of this and collaborate with the government for a thriving industry.
The DG said, “we need the private sector to invest and partner with government in order to take advantage of this new and numerous opportunities and take mining sector to the next level”.
He assured investors of a conducive business environment as provided by government’s reform, stating that the administration of President Muhammadu Buhari through the ministers has provided the enabling environment for investment to thrive in the solid mineral sector.
Dr Anene earlier explained that ACCI is seeking partnership with the relevant government agencies for the One Day conference that intend to bring all stakeholders in mining together.
Anene who was accompanied by the Director, Policy Centre ACCI, Mr Olawale Rasheed, explained that as part of ACCI support, the policy conference is expected to drive investment into the mining sector.
“We want to support government to drive investment into mining sector through an integrated investment and policy conference with local and international partners.
“And we need to collaborate with government agencies to hold such event so as to sustain the investment drive into the sector for the benefit of all”.
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