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LequteMan
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Nigeria - Minister of Solid Minerals Development, Kayode Fayemi, is planning to use the Australian model for Nigeria as it concerns mining and managing of mineral resources.
He said the federal government is doing this in its determined bid to drive the diversification of Nigeria’s economy through the a more structured and focused exploitation of the solid minerals.
Fayemi says government will also be learning how the Australian government has been able to achieve synergy between communities, states and the government in resolving the recurrent conflicts between communities and miners and settling the royalties due to states.
He further said Nigeria needed to learn how Australia has been able to drive its country’s mining sector, which accounts for 8.5 per cent of the country’s GDP and employs about two per cent of the work force, as the Federal Government is set to improve the nation’s economy through the sector.
Read more at BusinessDay
He said the federal government is doing this in its determined bid to drive the diversification of Nigeria’s economy through the a more structured and focused exploitation of the solid minerals.
Fayemi says government will also be learning how the Australian government has been able to achieve synergy between communities, states and the government in resolving the recurrent conflicts between communities and miners and settling the royalties due to states.
He further said Nigeria needed to learn how Australia has been able to drive its country’s mining sector, which accounts for 8.5 per cent of the country’s GDP and employs about two per cent of the work force, as the Federal Government is set to improve the nation’s economy through the sector.
Read more at BusinessDay
