L
LequteMan
Guest
The National President of the Miners Association of Nigeria, Alhaji Sani Shehu on Tuesday in Abuja urged wealthy Nigerian entrepreneurs to invest in the mining to prevent "indiscriminate influx of foreigners to the sector".
“We have Nigerians who are rich enough to invest in mining sectors and if 10 per cent of these rich Nigerians can invest into mining sector.
“I mean the foreign investors, we may not need them as much as we need them now, and part of the challenges is lukewarm altitude of our Nigerian businessmen. They find it difficult to invest in mining."
He said that in most cases, foreign investors had a way of failing to comply with the rules and regulations guiding mining in the country.
Shehu said that other challenges facing the sector were lack of funding, lack of access to mining sites (transportation), and lack of proper attention from the government.
He, therefore, urged the Federal Government to accord the mining sector all the attention it deserved to grow and develop.
“We have Nigerians who are rich enough to invest in mining sectors and if 10 per cent of these rich Nigerians can invest into mining sector.
“I mean the foreign investors, we may not need them as much as we need them now, and part of the challenges is lukewarm altitude of our Nigerian businessmen. They find it difficult to invest in mining."
He said that in most cases, foreign investors had a way of failing to comply with the rules and regulations guiding mining in the country.
Shehu said that other challenges facing the sector were lack of funding, lack of access to mining sites (transportation), and lack of proper attention from the government.
He, therefore, urged the Federal Government to accord the mining sector all the attention it deserved to grow and develop.