No country in Africa has been left untouched by COVID-19, including Nigeria. In August, the country had reported upwards of 40 000 positive cases. This has created an unprecedented period of uncertainty for the country, which has seen federal and state governments put in place several processes to mitigate the spread of the virus and showcase the nation’s leading response to dealing with the pandemic.
Regardless of the challenges that may lie ahead, the Nigerian mining industry offers considerable financial gains. It is home to abundant, untapped mineral reserves, and the government is focused on increasing the country’s business investment attraction to exploit these.
With a growth strategy in place and in play, the mining sector is poised for short and mid-term growth as investors move to capitalise on opportunities in iron ore, gold, zinc and lead, amongst others.
Listen to a recording of the webinar hosted by Nigeria Mining Week and Mining Review Africa which outlined the Nigerian mining investment story – what was achieved in recent years, what lessons were learned and the next steps to grow the industry in the face of the COVID-19 pandemic.
Key discussion points included:
- The status of current Nigerian mining sector, including current revenue generation from existing investors;
- Unpacking Nigeria’s mineral potential;
- Strategic objectives to grow the country’s mining sector and retain its current investment;
- How this has evolved to deal with current constraints in a pandemic situation;
- Strategies to attract new investors; and
- The Mining Act 2007 – key regulatory points and how it is positioned to drive investment.
Architect Olamilekan Adegbite, Honourable Minister | Federal Ministry of Mines and Steel Development, Nigeria
Engineer Abdullahi Sule, Governor | Nassarawa State in Nigeria
Emma K Priestley, CEO | Goldstone Resources
Cyril Azobu, Head of Consulting for West Africa Market Area | PwC Nigeria