play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
  • cover play_arrow

    Kapital FM 92.9 The Station that Rocks!

Economy

Mineralization Map Will Attracrt Investors – NGSA

todayOctober 20, 2023

Background

 

By Georgina Humphrey

 

The Director-General of the Nigerian Geological Survey Agency, Dr. Abdulrazaq Garba, says the mineralization map designed by the agency contains the needed information for all stakeholders in the mining sector.

Dr Abdulrazaq made this disclosure at a technical session in the just concluded mining week, held in Abuja.

He stressed that the map would attract more investors for the development of the country’s economy through provision of information that will reduce stress of mining.

According to him, some of the information in the map includes: mineral locations deposits summary, metalmopholic domains, basement domains and rocks domains.

The DG further added that the map can be used for infrastructural planning, policy making and formulation for the development of the sector and the country at large.

On his part the President of the Miners Association of Nigeria, Mr. Dele Ayanleke said the week provided avenue for stakeholders to learn more about mining businesses.

Mr. Ayanleke added that one of the major aims of the event which is showcasing Nigeria’s rich mineral endowment was partially achieved as many countries indicated interest in Nigeria’s vast resources.

“The lessons for the just concluded mining week will linger with us for a very long time.There were over one thousand visitors, almost four hundred delegates and VIPs and we also had over two hundred sponsors and exhibitors at the event” Mr. Ayanleke added.

“You will agree with me that our aim is gradually been achieved because many nations are showing interest in participating in the exploration and exploitation of Nigeria’s rich mineral endowment”.

“We are also using this forum to generate conversation so that Nigerian regulatory bodies and other stakeholders will know how best to engage in mining businesses.

 

Edited By Grace Namiji

Written by: Safiya Wada

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *