FG woos Canadian govt, investors to Nigeria’s mining sector

The federal government has assured Canadian investors of incentives and conducive environment needed for their investments to thrive.

The Vice President, Prof. Yemi Osinbajo, gave this assurance at the on-going two-day, Nigeria-Canada Investment Summit with the theme: ‘Fostering Strong Business Partnership into the Future’. This is even as the Minister of Mines and Steel Development, Alhaji Abubakar Bwari, stressed that the vast opportunities that exist in both the down and upstream sectors of Nigeria’s mineral sector are clearer and ready for exploitation.

Osinbajo, in a statement by the Ministry of Mines and Steel Development, affirmed the tremendous opportunities for increased scope of trade and investment between Canada and Nigeria as he stressed the need to fully realise Nigeria’s immense investment potentials. He also stated the various reforms put in place by the government of Nigeria to improve the ease of doing business in the country.

In his address, Bwari said Nigeria’s mining relationship with Canada dated back to 2013, when Canada and its firms provided training and critical expertise to the sector before the relationship took a turn for the worse, according to him. He, however, said the country is currently witnessing the gradual return of Canadian Mining Companies into Nigeria’s Mining jurisdiction.

Source: THIS DAY

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