Private Investment In Mining Sector Hits $2.32 Billion - Investment - Nairaland
Nairaland Forum / Nairaland / General / Investment / Private Investment In Mining Sector Hits $2.32 Billion (4236 Views)
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| Private Investment In Mining Sector Hits $2.32 Billion by chidima2019: 5:51am On Oct 17, 2018 |
Minister of State for Mines and Steel Development, Abubakar Bwari, has said that private investment into mining projects is estimated at $2.32 billion in the country. Bwari, who disclosed this during the three-day 3rd yearly Nigeria Mining Week organised by the Miners Association of Nigeria in partnership with PricewaterhouseCoopers and Spintelligent in Abuja, also added that the investment was made possible due to government’s friendly mining climate such as gold mining and refining, lead/zinc exploration and production. He said: “Mining in Nigeria is private sector driven with the Federal Government restricted to regulatory and facilitation roles. There is no better time to invest in the sector than now.” In another development, the Nigerian Shippers Council (NSC) yesterday suspended the $400 surcharge imposed by some shipping companies on Apapa and Tin Can Island Ports. The NSC Executive Secretary, Mr. Hassan Bello, who disclosed this to journalists in Abuja, said the charge was suspended after a meeting with shipping companies that introduced it in Lagos. “They cannot just charge arbitrarily. The shippers’ council opposed the charges, especially because of the economy. Secondly, the procedure is wrong, you can’t slam charges without telling us.” https://www.akelicious.net/2018/10/private-investment-in-mining-sector.html 2 Likes
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| Re: Private Investment In Mining Sector Hits $2.32 Billion by cooldipo(m): 5:53am On Oct 17, 2018 |
What is the implications of that on a common man? |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by rxmusa(m): 5:57am On Oct 17, 2018 |
Having a visionary President like Muhammadu Buhari who is bent on diversifying the economy and strengthening all areas is a sure way to prosperity, even though it'll be a gradual and slow journey. The benefit shall be felt by all in an unprecedented way. This is why we need to reelecte President Muhammadu Buhari. Nigeria shall be great again Buhari is still the best man for the job 17 Likes 1 Share
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| Re: Private Investment In Mining Sector Hits $2.32 Billion by 2undeee(m): 5:57am On Oct 17, 2018 |
K |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by DonFreshmoney(m): 6:07am On Oct 17, 2018 |
All the earthquake noises in abuja due to mining noise never do you, you still want money to swallow Abj down abii 1 Like 1 Share
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| Re: Private Investment In Mining Sector Hits $2.32 Billion by Donmedrac: 6:07am On Oct 17, 2018 |
rxmusa:hmmm |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by iamboladee: 6:07am On Oct 17, 2018 |
rxmusa: It's too early to start talking gibberish. 7 Likes |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by Donmedrac: 6:08am On Oct 17, 2018 |
You won't see youths here but if it's about bbn or toton dicke or any thing about romance,youll see them.. A nation get the leader it deserves 4 Likes 1 Share |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by WebSurfer(m): 6:10am On Oct 17, 2018 |
Good one, This country has great potentials with good resources but in the hands of useless and greedy power seeking fuc-ktards as leaders 2 Likes 1 Share |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by richidinho(m): 6:13am On Oct 17, 2018 |
this Adamu want just dey popular small, he is moving about telling lies since yesterday |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by dalongjnr: 6:13am On Oct 17, 2018 |
PMB,the sure way to go. Diversification in full force. Agriculture now a major driver of our GDP, mineral exploration in progress, Infrastructural development in progress....... If anybody tells me there's suffering in the land then I will just term him/her 'lazy youth' because in every challenge there's a handful of opportunity. Cheers and remain bless to #teamhardwork. I love u all, PDP/APC supporters. 7 Likes 2 Shares |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by savio93(m): 6:15am On Oct 17, 2018 |
Ok |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by rekeson: 6:19am On Oct 17, 2018 |
No significant impact of mining on the Nigeria economy yet. FOR INSTANT CURE TO VARIOUS AILMENTS, VISIT THE LINK IN MY SIGNATURE. 1 Like |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by Nbote(m): 6:44am On Oct 17, 2018 |
Usual story story... So Mr Minister What's d volume of our Gold and Lead exports 1 Like |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by UjSizzle(f): 7:09am On Oct 17, 2018 |
Increased private sector investment is a good thing as long as the government is regulating. We need to limit the impact of capitalism in this country as much as we can. What about coal? Or has this been abandoned to reduce our carbon footprint in a country that isn't even producing the enough power? Looking forward to a more diversified economy. 3 Likes |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by Splasshhh(f): 7:22am On Oct 17, 2018 |
 |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by CoolAmbience(m): 7:41am On Oct 17, 2018 |
cooldipo: You mean you don't see any prospect in the report? You are the type that would want something directly for yourself from a government before you even agree that it exists. Investments birth physical structures, production plants and factories and jobs and revenues and social infrastructures among other things. |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by jaybee3(m): 8:48am On Oct 17, 2018 |
UjSizzle: I agree  |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by dekins: 11:11am On Oct 17, 2018 |
This is good for Nigeria mining sector. So much still have to be done in attracting more investors for our mineral resources. |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by thenaijerian: 11:21am On Oct 17, 2018 |
Do you even ask yourself if what you are posting makes any sense? DonFreshmoney: |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by davide470(m): 6:54pm On Oct 17, 2018 |
UjSizzle:Even with the large quantity of coal we have in Nigeria, we are not among the Top 100 carbon polluting countries in the world, so we can actually do whatever we want with it.. Also, privatization is a good thing! Government in developed economies don't own energy utilities firms. They just regulate. 1 Like |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by UjSizzle(f): 2:34pm On Oct 21, 2018 |
 jaybee3: |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by lexy2014: 9:40am On Nov 13, 2018 |
UjSizzle: Hello, I noticed this on my profile page: "Banned by the antispam bot in Science/Technology for https://www.nairaland.com/4835893/china-unveils-worlds-first-ai/4#72918181." What's this about? CC:mkmyers45 |
| Re: Private Investment In Mining Sector Hits $2.32 Billion by Nobody: 4:18am On Jan 17, 2019 |
UjSizzle:uj s/work? BSW? |
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