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Plans to develop Nigerian mining sector endorsed

Mining News - Published on Tue, 01 Dec 2015

Image Source: 4.bp.blogspot
CAJ News Agency reported that all stakeholders, including Nigeriangovernment, have endorsed plans to develop Nigeria'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 topursue 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.

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. Masade said “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,"

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.

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Posted By : Rabi Wangkhem on Tue, 01 Dec 2015
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