29 August 2018, Dakar — Nigeria is on the verge of a boom in mini power grids that could stimulate…
Browsing: Nigerian Economic Summit Group
“The country is focusing more on rebuilding Nigeria mining and mineral sector, which has been comatose for quite a long time. To ensure that this is done, he said the Ministry has come up with a Roadmap and constituted a committee called Mining Implementation Strategy Team (MIST).”
“We hope that this injection (of the fund) will help. We are also looking at several other reforms in the sector, hoping that the market can become self-sustaining, independent and run on its own and free up all of the private sector energy that is waiting to come into the market,” he said.
He said, “Poor infrastructure, corruption and access to financing are the most problematic factors for doing business in Nigeria. Tax rates and complexity, and crime are not very problematic, by contrast.”
