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Kaduna To List Mining Company On Stock Market

LEADERSHIP News by LEADERSHIP News
5 months ago
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The managing director of Kaduna Mining Development Company (KMDC), Shuaibu Kabir Bello, has hinted of plan by the state government list the firm on the Nigerian Stock Market in 2026.

He said the move is to open public investment opportunities and a new chapter of growth for the company.

Speaking on Liberty Radio in Kaduna, Bello, who shared 2025 mining milestones, called for public investment.

He provided insights on the state of mining in Kaduna State, highlighting the significant progress, achievements and challenges recorded in the year 2025.

Bello commended Governor Uba Sani for supporting the company by providing an enabling environment through policy formulation and Implementation.

He said the KMDC’s ongoing reforms were also formalising artisanal (formerly illegal) miners by organising them into cooperatives and registered hubs.

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This transformation he noted, was key to ensuring structured growth, improved livelihoods and compliance within the sector.

Discussing security and operational challenges, Bello emphasized the commitment of KMDC to work with relevant authorities and communities to create a safe and thriving mining environment.

KMDC boss called on youths, women and private investors to take advantage of the emerging opportunities in Kaduna’s mineral sector.

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