The Nigerian Miners Association has stated that the world’s transition from fossil to renewable energy depends on Nigeria, which has enormous mineral deposits.
The Punch reported that this was said at the press conference in Abuja for the upcoming 8th edition of Nigeria Mining Week by the Association’s President, Mr. Dele Ayanleke.
“The world is transitioning from the era of fossil fuel to green energy,” he declared. “And because Nigeria is the location of the massive mineral deposit required for this transition, it is crucial for all interested parties to come together and share ideas with our policymakers about how to practically transform our resources into enormous economic growth and development”
The Permanent Secretary of the Ministry of Mines and Steel Development, Dr. Mary Ogbe, also spoke at the press conference and noted that the mining week is a chance for Nigeria to showcase its mineral resources to investors and foster dialogue between the government, mining operators, investors, and other important stakeholders.
“The Nigeria Mining Week serves as a unique platform that brings together government representatives, mining firms, investors, technology providers, and various stakeholders to engage in insightful discussions, knowledge sharing, and collaboration aimed at unlocking the full potential of Nigeria’s mining industry,” the speaker said.
Nigeria is well-positioned to use its mineral wealth for sustained economic growth and development because of its long history of natural resources.
The 8th Edition of the Nigeria Mining Week is scheduled to hold October 16 – 18, 2023, in Abuja, offering a platform for investors to explore potential investment opportunities within Nigeria’s mining ecosystem.
An assistant manager at PwC, Chuma Amazigo, emphasized the importance of the mining industry for Nigeria’s diversification strategy.
He stated, “The mining sector remains one of the key sectors that would significantly contribute to the current administration’s agenda of diversification and the need to move Nigeria into a non-oil dependent economy.”
