MINISTER of State for Mines and Steel Development, Honourable Abubakar Bawa Bwari has called for partnership between countries to promote economic growth and prosperity which is necessary for political stability and national security.
He made this known at the on-going 2018 China Mining Congress and Expo holding at the Meijiang Convention Center in Tianjin, China.
Honourable Bwari, who stated this in a statement made available to newsmen in Abuja, on Sunday, by the Assistant Director, Press, Rhoda Ishaku Iliya, further said the theme of this year’s Congress, “New Pattern of Opening and New Mode of Cooperation,” clearly summarised the need for new strategies to maximise the exploitation of the world’s abundant mineral resources for national development.
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According to him, it is common knowledge that geology and mining is an evolving field so there are diverse skills and expertise in different nations and without international cooperation, we cannot access the expertise across the world.
“I believe strengthening partnerships and cooperation amongst the countries will 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,” he added.
The minister enumerated the emerging opportunities and new areas of cooperation for investment in Nigeria which include, among others, 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, acquisition of electromagnetic survey data, upgrading and automation of the Nigeria Mining Cadastre Office for online applications; construction of modern archiving system that would facilitate the dissemination of high quality geo-data information; and the upgrade of the Nigerian Geological Survey Agency Laboratory to ISO standard.
Honourable Bwari said the Nigeria mining sector was now, more than ever before, an investors’ haven with high-grade deposits and conducive and competitive investment climate.
He took out time to visit the entire exhibition arena at the conference centre. He spent some time at the Nigerian exhibition stand and at the booth of a Nigerian based Chinese investor, KINGROCK Investment.
Other companies he visited displayed high-grade portable drilling machines that could be operated with diesel or work without electricity, stating that such machines could be very useful in Nigeria.
The minister also visited the stand which exhibited drones that could be used for geological surveys. He stated that part of the expanded Memorandum of Understanding (MOU) between Nigeria and China is for the Chinese to provide the country with drones that could be used for geological surveys because they are faster and efficient.
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