Minister of State for Mines and Steel Development, Honourable Abubakar Bwari, spoke at the just concluded 2018 China Mining Congress and Expo, held at the Meijiang Convention Centre in Tianjin, China.
He said nations of the world must take actions to promote economic growth and prosperity necessary for political stability and national security.
According to him, this year’s congress with its there as: “New Pattern of Opening and New Mode of Cooperation” clearly summarised the need for new strategies to maximise the exploitation of the world’s mineral resources for national development.
ALSO READ: Afenifere: I’m not aware of my suspension — Omisore
He said it is a common knowledge that geology and mining is an evolving field with diverse skills and expertise in different nations, adding that without international cooperation, accessing the expertise across the world it would be difficult.
He said: “I believe strengthening partnerships and cooperation among the countries would promote sharing innovative business models to support development of infrastructure, projects linked to mining, reduction of barriers to adoption of transformative technologies, promotion of capacity building, especially between developed and developing countries, and promoting financial support for viable mining projects especially in Africa.”
The minister enumerated the emerging opportunities and new areas of cooperation for investment in Nigeria as the strengthening of mining policy, regulatory and institutional frameworks and regimes, increased funding for the sector for the generation and provision of necessary geosciences data to attract investors, among other issues.
Bwari said the Nigeria mining sector is more than ever before, an investors’ haven with high grade deposits, conducive and competitive investment climate.
He spent some time at the Nigerian exhibition stand and at the booth of a Nigerian-based Chinese investor, KINGROCK Investment and other companies that displayed high grade portable drilling machines that could be operated with diesel or function without electricity.
Bwari said part of the expanded Memorandum of Understanding (MOU) between Nigeria and China included provision of drones by Chinese for the country that could be used for geological surveys,being faster and efficient.
she said she was “pleased with the positive outcome of the talks”, adding that they…
The Joint Admissions and Matriculation Board (JAMB) has engaged a number of experts to look…
Chairman of CSS Group of Companies, Professor John Kennedy Okpara, has argued that the country…
The Economic and Financial Crimes Commission (EFCC) has declared that former militant leader, Oweizidei Ekpemupolo,…
Major stakeholders have lauded the Cross River government's innovative partnership between its Teachers Continuous Training…
"Under his stewardship, Nigeria is witnessing a paradigm shift: a nation transitioning from potential to…
This website uses cookies.