Business Nigeria Sees New Alternative To Crude Oil as FG Confirms Nickel Discovery

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ProfRem

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Nigeria may be on its ways to generate a new cash cow and an alternative to crude oil with the discovery of world class and high grade nickel in the country.

The Ministry of Solid Minerals Development has confirmed the development.

But the Ministry also appealed to Nigerians to be patient and allow it to come up with detailed report on the discovery of Nickel in Kaduna State.

The Permanent Secretary of the ministry, Mr Mohammed Abbas, said since the first discovery many months ago, technical experts from the ministry have been following up on the development as provided by law.

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“The ministry is aware of the excitement in the media about the discovery of Nickel in parts of Kaduna state.

“This is totally understandable considering the partial assay of the mineral assets referenced.

“The ministry is aware of the occurrence of the mineral in the area.

“We appeal to the general public to allow the Ministry to come up with detailed reports on the new find,” it said.

Recommended: Nigeria Discovers Another Natural Resource 'World Class' Nickel
 
Let's not jump on this, else it'll be another "curse" to us. Nigeria's problem is not a lack of natural resources, it's a lack of the ability to manage things properly, and many other things.

@curator @Oluogunjobi @Samguine what do you think?
 
Let's not jump on this, else it'll be another "curse" to us. Nigeria's problem is not a lack of natural resources, it's a lack of the ability to manage things properly, and many other things.

@curator @Oluogunjobi @Samguine what do you think?
I agree with you. Unfortunately we have been told that the resource is the curse and not the greedy leaders we have had. Other countries have made the oil work for them. Oil is not a curse... bad leadership and tribalism is. Also remember, the greedy men follow their nose to the money
 
We've since identified the problem- bad leadership. Isn't it time to start looking for solutions? and enact 'em?

@RemmyAlex @curator

I do not think we have solutions at our disposal yet - when we still have the same crops of leaders since 1900 in power, I doubt tangible solutions brother.

Problems are being recycled to create another problems and in turn form another problem... All will be well!
 
Let's not jump on this, else it'll be another "curse" to us. Nigeria's problem is not a lack of natural resources, it's a lack of the ability to manage things properly, and many other things.

You are right. Japan reportedly has no natural resource and she has one of the best economies in the world.

We have oil, minerals, gas, good soil, great weather..we even have thousands of gods..yet we are nowhere to be found.
 
You are right. Japan reportedly has no natural resource and she has one of the best economies in the world.

We have oil, minerals, gas, good soil, great weather..we even have thousands of gods..yet we are nowhere to be found.

Samson...You are RIGHTSon
 
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