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Defending the ministry’s 2024 budget at the House of Representatives, Alake noted that though the government had not identified the culprits, it knew that influential Nigerians controlled illegal mining operations.
Cutting red tapes which slow business transactions and improving the security of mining operations are among fresh commitments unfolded by Nigeria’s
The minister quoted recent reports by audit firm KPMG which reported that mining’s contribution to Nigeria’s GDP rose from 0.3 per cent to 0.85 per cent last year, indicating 0.63 per cent year-on-year growth.
The Federal Government has assured foreign investors interested in the Nigerian mining sector of conducive business environment and low production cost to boost their profitability. | Pulse Nigeria
The Federal Government has assured foreign investors interested in the Nigerian mining sector of conducive business environment and low production cost to