Dele Alake, Nigeria’s minister of Solid Minerals Development is set to headline BusinessDay solid minerals conference along side Nonye Ayeni, executive director, Nigerian Export Promotion Council and other key stakeholders in the Nigerian mining sector.
The Conference, which is second in the series is aimed to provide a platform to facilitate productive dialogue on building resilience of the Nigerian mining sector, with tailored discussion on mechanisms for attracting greater foreign partnerships to drive financing and technical support in the sector.
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Despite its vast mineral resources, the Nigerian mineral sector has remained underdeveloped, primarily due to regulatory challenges, inadequate infrastructure, limited investment, and a lack of productive international partnerships.
To this end, the Conference with the theme: ‘Building a Resilient Mining Sector in Nigeria: Leveraging Diplomacy, International Partnerships, and Regulatory Coherence’, will explore how Nigeria’s foreign direct investment drive, diplomatic efforts and international partnerships can be leveraged to unlock the full potential of the solid minerals sector and build a resilient sector.
According to the organizers, primary objectives of the conference include to identify the gaps in the mining sector and impediments to the development of the sector, as well as explore solutions for addressing these gaps and impediments.
“The primary objective of the conference will be to highlight the financing gap in the mining sector, explore different innovative financing sources that may be adopted by stakeholders in the sector and identify the conditions required to be implanted to better attract much needed financing to the Nigerian mining sector.
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“It will also help to identify the technical know-how gap in the mining sector, develop pathways for upskilling the available workforce in the mining sector and explore partnerships to facilitate trainings and other upskilling programmes.”
