A Review of the Nigerian Energy Industry

‘Solid minerals development will boost Nigeria’s revenue, create jobs’

27 August 2012, Sweetcrude, ILORIN – THE Nigerian Society of Mining Engineers, NSME, has called for the collaboration of all stakeholders in Nigeria’s solid minerals sector to develop the sector and diversify the country’s economy.

National president of the society, Mr. Benjamin Nwude, said at the 47th council meeting of the society in Ilorin on Sunday that the development of the sector will provide an opportunity for a diversification of the Nigerian economy.

According to Nwude, diversification of the economy from oil, would help the nation generate more revenue, increase employment opportunities and also increase production of the solid minerals sector.

He said, “President Goodluck Jonathan is advocating the diversification of the economy and the solid minerals sector is a very important area that we can focus and expand the activities of the industry and thereby generate more revenue and employment, as well as increase the production of the minerals in this sector”.

Nwude called on the government to provide good infrastructure to attract more investment in the sector as well as reduce the cost of doing business.

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