In order to create an appropriate environment to support enterprise and boost mineral exploration, Government has promised a systematic effort to build knowledge and confidence among Nigerian financial institutions to support mining projects.
In addition, there is the establishment of the Nigerian Solid Minerals Investment Fund, structured as a private sector oriented investment outfit to provide financing to private sector led projects in the mining sector. Nigeria offered a three-year tax holiday to mining investors as the West African nation seeks to raise as much as $7 billion to develop its minerals and steel industries.
Join us in two weeks’ time at the Nigeria Mining Week, incorporating iPAD Nigeria Mining & Quarrying Forum, where industry experts get together to assess this strategy and look at what has worked elsewhere.
- Rachid Benmessaoud, Country Director Africa, World Bank, Nigeria
Panel discussion participants:
- Bashir Wali, Acting Managing Director, Nexim Bank, Nigeria
- Olayinka Mubarak, Group Head, Solid Minerals and Metals, Bank of Industry, Nigeria
- Alhaji Nasiru Wada, Managing Director, Savannah Gold Ltd, Nigeria
- Mahe Shehu Ahmed, Secretary, Solid Minerals Development Fund, Nigeria
- Osam Iyahen, Director, African Finance Corporation, Nigeria