Nigeria analyses gaps in the mining sector

Jul 11, 2017

United Nations Development Programme in collaboration with the Ministry of Mines and Steel Development organised a one day validation meeting of the African Mining Vision (AMV) Gap Analysis Report in Abuja. The workshop was aimed at identifying the gaps between the “Roadmap for the sustainable growth and development of the Solid Mineral Sector and the African Mining Vision” with a view to promoting its domestication in Nigeria.  Validation of the African Mining Vision Gap Analysis Report is critical and strategic given the present economic realities and government priority aimed at diversifying the economy through revamping of the mining the sector along its entire value chain.

UNDP Nigeria Country Director, Samuel Bwalya, stated that Africa was blessed with abundant natural resources but is yet to benefit from them. Speaking through his representative, Ojijo Odhiambo, who is the Economic Advisor for UNDP Nigeria, Samuel stated that the African Mining Vision was to promote good governance, develop human capacity and foster transparency and accountability among others.

In his keynote address, Minister of State, Ministry of Mines and Steel Development, Honourable Abubakar Bawa Bwari stated that the Solid Mineral sector in Nigeria has remained underdeveloped due to long period of neglect and dependence on crude oil. Government has implemented a number of reforms aimed at addressing the sector’s underdevelopment to ensure that the various natural resources of the country are harnessed for self-sustained growth and development.” Bwari said.  In view of this, he added “solid mineral has been identified as a major driver in the diversification of the economy away from oil.” The Government of Nigeria is putting in measures that will create an enabling environment for full involvement of the private sector in the development of the sector.

Honourable Bawa-Bwari commended the UNDP and all stakeholders for their support towards the sustainable development of the solid minerals sector.  He assured the meeting of Government’s commitment to the promotion of investments in the sector.  He also called on potential investors to come forward and do business in Nigeria.

UNDP Nigeria Country Director, Samuel Bwalya, stated that Africa was blessed with abundant natural resources but is yet to benefit from them. Speaking through his representative, Ojijo Odhiambo, who is the Economic Advisor for UNDP Nigeria, Samuel stated that the African Mining Vision was to promote good governance, develop human capacity and foster transparency and accountability among others.

The Gap Analysis Report which was presented by George Lwanda, from UNDP Regional Service Centre for Africa, described the Nigeria mineral management regime as sound but insufficient. The report traced the insufficiency of the regime to its weak emphasis on human rights and gender issues, weak community participatory decision making and its lack of obligatory participatory processes throughout the mining life cycle. 

The report also revealed that the soundness of the mineral management regime lies in the extent to which the law obliges the state to set up and fund a solid minerals development fund for the development of the sector including the provision of Extension Services to registered Artisanal mining cooperatives. The enactment of the Nigeria Extractive Industries Transparency Initiative (NEITI) Act is also regarded as a very commendable step.

Communications Specialist

Lucky Musonda
lucky.musonda@undp.org

UNDP Around the world

You are at UNDP Nigeria 
Go to UNDP Global