• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

$1trn Economy: NIPSS, Ex-Minister’s Group Chart Course For Mining Sector Reform

by Silas Ezeugwu
1 year ago
in News
NIPSS
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria’s top think-tank, the National Institute for Policy and Strategic Studies (NIPSS) and Bruit Costaud, an indigenous advisory and strategic communication organisation led by former information minister, Lai Mohammed, are putting together a high level summit towards resolving the challenges obstructing the optimal development of Nigeria’s mining industry.

Advertisement

The two-day summit slated for April 29 and 30, 2024, at Abuja Continental Hotel will bring together all the stakeholders from the industry practitioners to government regulators, the academia and investors, and all others involved in the value chain for mineral resources and mining.

At a joint press conference by NIPSS director general, Professor Ayo Omotayo, and the managing partner, Bruit Costaud, Alhaji Lai Mohammed, ahead of the roundtable summit on Sustainable Development Of The Mining Industry In Nigeria, they said they were on a mission to help the mining industry contribute its quota to President Bola Tinubu’s quest for Nigeria to become a $1trillion economy, from the current $427billion economy.

They noted that the President Tinubu administration was resolved to explore all avenues to revitalize the nation’s economy and had earmarked the mining sector as an area that Nigeria looked towards for increased revenue as the country was blessed with abundant mineral resources.

They, however, observed that Nigeria was not getting the maximum from the sector and that, regrettably, foreigners were exploiting it to the detriment of the nation.

RELATED

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria

1 hour ago
tinubu

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – NOA

1 hour ago

They said: “We found ourselves in a situation of sitting on enormous resources but still have high level of poverty. Nigeria is blessed with great human and material resources which should ordinarily be used for the betterment of our people. It is however incomprehensible that a nation that is envied by others due to her natural endowment is being vilified among comity of nations. Thank God that this perception is changing gradually.

“As part of the efforts to reposition Nigeria economically, as the base of the society, the current administration is poised to harness all the resources (human and material) available for the good of the society. One of these efforts is the restructuring of the administrative frameworks of the federal government. For instance, the new focus now are the areas of blue economy, marine economy and solid minerals.

“Mining has been a low hanging fruit for some time now. Our inability to take a decisive action on this has led to “outsiders” coming to explore and extract some of these minerals while illegal and unscrupulous elements capitalise on this to milk the nation dry. Of course, governments over the years have made tremendous efforts to address the problems and challenges of mining, however, there seems to be a lot more to be done for us to realise the full potential of this sector.”

According to them, the main objective of the conference is to provide a platform for all stakeholders in the mining industry, not only to meet and discuss, but to deliberate and reflect on the best strategies to achieve a sustainable development of the sector, with the end goal being for the sector to reach its potential and to contribute meaningfully to the desire to improve the lives of the Nigerian citizens.

“At the end, it is expected that the Summit will lead to usable recommendations and implementation strategies that will lead to sustainable development of the Industry,” they said.

Responding to journalists’ questions, the NIPSS DG gave assurance that the conference will not be just another academic exercise, but that NIPSS, as Nigeria’s apex think tank, had direct access to the Presidency and its recommendations will not just fizzle away.

He added that going forward NIPSS’ intervention will focus on the different sectors through which Nigeria can make progress economically, and that mining industry was just the starting point.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: NIPSS
SendShareTweetShare
Previous Post

Veteran Journalist, Ex-Lawmaker Sidi Ali Passes Away At 86

Next Post

JUST-IN: Several Workers Trapped As Building Collapses In Kano

Silas Ezeugwu

Silas Ezeugwu

You May Like

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria
News

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria

2025/06/07
tinubu
News

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – NOA

2025/06/07
Netizens React To Nigerian Prophet’s ‘Healing’ Of Dumb, Paralysed Man After 36 Years In US
News

Netizens React To Nigerian Prophet’s ‘Healing’ Of Dumb, Paralysed Man After 36 Years In US

2025/06/07
Gov Zulum Donates N100m To Wounded Soldiers, Families Of Slain Troops
News

Gov Zulum Donates N100m To Wounded Soldiers, Families Of Slain Troops

2025/06/07
Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators
News

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

2025/06/07
‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Minister’s Aide’s Claims
News

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Minister’s Aide’s Claims

2025/06/07
Leadership Conference advertisement

LATEST

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – NOA

Netizens React To Nigerian Prophet’s ‘Healing’ Of Dumb, Paralysed Man After 36 Years In US

Gov Zulum Donates N100m To Wounded Soldiers, Families Of Slain Troops

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

Tennis: Gauff Beats Sabalenka To Win French Open Title

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Minister’s Aide’s Claims

Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge

Civil War Was For Unity, Not Hatred — Gowon

Nnamdi Kanu Is Prisoner Of Conscience — IPOB

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.