Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Thumbs up for plans to develop Nigeria mining

24 November 2015, 07:45Emeka Okonkwo

Abuja - Stakeholders, including government, have endorsed plans to develop the country’s mining industry.

The endorsement of such plans follows the conclusion of the fourth Sustainability in the Extractive Industries (SITEI) conference in Abuja.

The event was a convergence of national leaders, public sector officials, industry captains from the private sector, and civil society representatives.

Sponsors of the event included Shell, Chevron, Zone 4 Energy, Petrolex, Blue Bridge Mineral Resources, Zenera Consulting and PricewaterhouseCoopers (PwC).

Nigerian Extractive Industries Transparency Initiative (NEITI) Acting Executive Secretary, Dr Orji Ogbonnaya Orji, said it was important to pursue an inclusive collaborative effort that will shift attention to unlock the potential in the solid minerals sector.

He went further to advocate for an inter-agency collaboration between legislature, civil society, companies and the government to deliver better governance and reform for the extractive sector.

Also Read: Nigeria loses N4trn to illegal mining - Senate

Chief Executive and Founder of CSR-in-Action and Convener of the epoch event, Bekeme Masade, said she was looking ahead to the tangible outcomes of the conference which are expected to make maximum impact on the Nigerian economy.

“The working group is the most critical aspect of SITEI. As with every conference, the tangible actionable outcomes form the basis of engagement to achieve tangible results between now and the next conference, and we are more than ready to hit the ground running,” Masade said.

CSR-in-Action, NEITI and PwC will be co-chairing a SITEI working group to drive advocacy for matters that will lead to Nigeria sustainably acquiring the estimated annual $100 billion opportunity.

The Ministry of Solid Minerals pledged to support the activities of the group.

Amos Gagar, Director of PwC, said the process had painstakingly captured the views of speakers and delegates.

A working group will be immediately set up to synthesize the recommendations and propagate key actionable solutions.

“We eagerly look forward to presenting a progress report at the conference next year,” said Gagar.

Over the years, SITEI has provided a platform for progressive thinkers and thought leaders to discuss pertinent issues that affect the extractive industries in Nigeria and ultimately, the economy.

The initiatives come amid concern the country’s mineral wealth is untapped.

There has been an over-reliance on oil, whose prices are fluctuating in the international markets. 

- CAJ News

Tags mining

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...