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Ghana Urges Nigeria To Establish Mining Company by Blue3k2: 4:23am On Jul 27, 2017
By Gabriel Ewepu

GHANAIAN government has urged its Nigerian counterpart to consider establishing a national mining company to compete actively with those in the private sector for rapid development of the sector. This was the assertion of the Minister of Lands & Natural Resources, Ghana, John-Peter Amewu, during a stakeholders conference in Abuja. Amewu said Nigeria should begin to look inwards on establishing various linkages that would fast track development of the solid minerals sector in no distant.

He said: “Nigeria should begin to look at the forward linkages and also how Nigeria will own their own resources, and I see nothing wrong with Nigeria coming up with national mining company. Ghana used to have and I am coming back to it. You know countries like China they had to start mining company that competed with the private sector. I see nothing wrong with state companies competing with private sector so before you get there you should start thinking of how you will get you own national mining company and that is the way you know you get yourself involved and see to the day-to-day management of the records.

“It should not be a problem for a country to own a mining company. It is our concept and attitude towards work, if you say Nigeria is not capable of handling a mining company then I don’t see why they should be a country. They should be able to manage and be able to do it. You should be able to take control of your own country so having a mining company or state mining company I think is a way to go for most African countries.”

According to him African countries should work closely in the mining sector and exchange ideas to effectively harness the potential in the sector. He also disclosed that in Ghana solid minerals sector contributes about six per cent of GDP, such that in 2016 almost about 70,000 pounds of gold was exported out of the country, creating huge employment.

“The mining sector is currently one of the largest in terms of revenue that we generate apart from cocoa production and export, the mining sector contributes significantly to the GDP”, he stated.


Read more at: http://www.vanguardngr.com/2017/07/ghana-urges-nigeria-establish-mining-company/

Front Page: Mynd44 Lalasticlala

3 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by Blue3k2: 4:27am On Jul 27, 2017
What sort of mumu advice is Ghana handing. They must know nothing of our history and failure of state owned companies. We had multiple mining companies where are they? What are their big accomplishments. All of them are moribund. The private sector should take over and government should only worry about policy.

Even NNPC is just Bastion of corruption. Without joint venture from private companies they would crumble and die. Refineries they let fall apart, oil they drill in expensive or strange places.

6 Likes 1 Share

Re: Ghana Urges Nigeria To Establish Mining Company by MediumStout(m): 4:29am On Jul 27, 2017
sad
Re: Ghana Urges Nigeria To Establish Mining Company by Vutseck(m): 4:34am On Jul 27, 2017
Restructuring is the only thing that can address our inadequacies

the States that loves partying will invest heavily in ceremonies and merriments


the States that loves development will invest in solid minerals and industrialization


the States that loves religion will sponsor and build world class religious centers with their state budget.

.

40 Likes 6 Shares

Re: Ghana Urges Nigeria To Establish Mining Company by Blue3k2: 4:47am On Jul 27, 2017
A quick run down of the failure of state owned mining companies in Nigeria. Please keep in mind governmenthas full control overy all land and minerals in country. They established land use act 1978 to give themselves all the power in world yet still failed.

Second he mentions Ghana used to have mining company it went away probably because it failed. Companies don't go away if they are profitable. Government is terrible at business African government are probably worse due to corruption.

● The government started ajaokuta steel company failed til now. Even with iron,coal, cheap gas, cheap work force they screw it up.

● Nigeria coal mining company established in 1970's did nothing. Coal plants we don't have in spite of the clear in abundance and need for power.

● Nigerian mining company established 1972 died and established nothing noteworthy.

● Nigerian Uranium Mining Company did nothing. What dother they even exist for?

5 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by OAUTemitayo: 4:58am On Jul 27, 2017
Nonsense

2 Likes 1 Share

Re: Ghana Urges Nigeria To Establish Mining Company by Nobody: 6:01am On Jul 27, 2017
yeah skull mining

27 Likes 1 Share

Re: Ghana Urges Nigeria To Establish Mining Company by Rucheen(m): 7:09am On Jul 27, 2017
Mining company is not what Government rush into anyhow, anywhere in the world let alone an unstable government of Nigeria that will make an accountant the minister of mines


Proudly a Geoscientist

4 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by kenny987(f): 7:43am On Jul 27, 2017
Blue3k2:
What sort of mumu advice is Ghana handing. They must know nothing of our history and failure of state owned companies. We had multiple mining companies where are they? What are their big accomplishments. All of them are moribund. The private sector should take over and government should only worry about policy.

Even NNPC is just Bastion of corruption. Without joint venture from private companies they would crumble and die. Refineries they let fall apart, oil they drill in expensive or stage places.


That is why he said that if they say Nigeria cannot own and competently run a mining company then it has no business being a country.

7 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by Blue3k2: 8:11am On Jul 27, 2017
kenny987:


That is why he said that if they say Nigeria cannot own and competently run a mining company then it has no business being a country.

State owned enterprises are stupid in general. The private sector is much more efficient at it. Government place is to run business but provide good environment and policy for business to thrive. Stop this delusional rhetoric to be a country you need some wasteful SOE.

Have you even researched the debt and how unprofitable these Chinese companies state owned companies are? This is hardly the model Nigerians should want. Copy Australia if you want success with private sector.

1 Like

Re: Ghana Urges Nigeria To Establish Mining Company by Kingluqman89(m): 10:23am On Jul 27, 2017
You mean skull or?
Idontgetdat... E dey na.

4 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by LastSurvivor11: 10:24am On Jul 27, 2017
Imagine Ghana now advising Nigeria..
We shouldn't have gained our independence yet..

4 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by Greatmind23: 10:24am On Jul 27, 2017

Re: Ghana Urges Nigeria To Establish Mining Company by ybalogs(m): 10:24am On Jul 27, 2017
Ghana sef dey advice us. See our life outside.

3 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by ybalogs(m): 10:25am On Jul 27, 2017
And we are supposed to be thr Giant of Africa.Who dash us?

1 Like

Re: Ghana Urges Nigeria To Establish Mining Company by SIRmanjar(m): 10:25am On Jul 27, 2017
Good advice..Nigeria needs to open skull mining company in OGUN STATE. cheesy

9 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by eleojo23: 10:25am On Jul 27, 2017
Even Ghana is now giving us advice.
Nigeria, you see your life?

Smh. ..

5 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by Nobody: 10:26am On Jul 27, 2017
So na GHANA dey give us advise now

2 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by ybalogs(m): 10:26am On Jul 27, 2017
Rucheen:
Mining company is not what Government rush into anyhow, anywhere in the world let alone an unstable government of Nigeria that will make an accountant the minister of mines


Proudly a Geoscientist
Glad you are here. So what do you think can be done?
Re: Ghana Urges Nigeria To Establish Mining Company by Nobody: 10:28am On Jul 27, 2017
SIRmanjar:
Good advice..Nigeria needs to opens a skull mining company in OGUN STATE. cheesy

Re: Ghana Urges Nigeria To Establish Mining Company by iammolise(m): 10:29am On Jul 27, 2017
People who have development initiative... Our own is oil oil oil oil oil!!!
Re: Ghana Urges Nigeria To Establish Mining Company by LastSurvivor11: 10:31am On Jul 27, 2017
U think Nigeria don't know what they are doing?
Serious mining is going on in the north without any remittance to the government..
Buy ND oil is for the whole country..
I heard that kadunna alone has more gold than Ghana but no one is talking about that..
Re: Ghana Urges Nigeria To Establish Mining Company by SIRmanjar(m): 10:31am On Jul 27, 2017
[quote author=HarkymTheOracle post=58876299][/quote]
Guy imagine how much money ogun state go make if dem establish skull minning company dia?
Im go be money spinner. cheesy

7 Likes 1 Share

Re: Ghana Urges Nigeria To Establish Mining Company by googlepikins: 10:32am On Jul 27, 2017
Buhari has finally finished Nigeria, how can ordinary Ghana that's like nasarawa state be borrowing them sense?

3 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by gsparks01(m): 10:35am On Jul 27, 2017
We have o... Nigeria Mining Corporation! But it has been left to rot. My dad worked there until they stopped paying their salaries for 3 years. Then finally, 2/3 of the staff was laid off (still without salary and arrears o). Why? Because we have foolish leaders in this country. I just don't understand how a booming sector like mining can be abandoned. Is that normal? To the person(s) shouting Buhari, all these happened under Obasanjo's government and Oby Ezekwesili was the minister of solid minerals.
Re: Ghana Urges Nigeria To Establish Mining Company by burkingx(f): 10:37am On Jul 27, 2017
cool
Re: Ghana Urges Nigeria To Establish Mining Company by Blue3k(m): 10:39am On Jul 27, 2017
.

1 Like

Re: Ghana Urges Nigeria To Establish Mining Company by Nobody: 10:40am On Jul 27, 2017
sekxy:
yeah skull mining

Bad mouth you have grin

Berra hide before dem dem come for ya grin

3 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by wristbangle: 10:41am On Jul 27, 2017
sekxy:
yeah skull mining

sadsad

1 Like

Re: Ghana Urges Nigeria To Establish Mining Company by Nobody: 10:42am On Jul 27, 2017
DayDreamPictures:

Bad mouth you have grin
Berra hide before dem dem come for ya grin
hahahah...

3 Likes

Re: Ghana Urges Nigeria To Establish Mining Company by Nobody: 10:50am On Jul 27, 2017
SIRmanjar:

Guy imagine how much money ogun state go make if dem establish skull minning company dia?
Im go be money spinner. cheesy
Lol
Re: Ghana Urges Nigeria To Establish Mining Company by NonFarmPayrol: 10:50am On Jul 27, 2017
sekxy:
yeah skull mining


grin grin grin

21 savage

3 Likes

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