Nigeria to unveil road-map for sustainable mining

Nigeria is set to release a guidebook which will provide "far-reaching views and opinions" toward developing and growing the industry and economy through solid minerals, an official said Friday.

Minister of Solid Minerals Development Kayode Fayemi told reporters in Abuja, the nation's capital, that the road-map would enable the West African country to be on the right path toward sustainable development of the mining and metal sector.

He said solid minerals is one key sector of the Nigerian economy in which the national and provincial governments must work closely to further attract investors.

"Investors want to make sure that the money invested into the sector is realized; this is one major risk which the road-map must address," the official said, noting most investors were scared of putting their money in that sector.

According to the official, the document, when unveiled, will contain short-term action plan of 24 months, mid-term plan of 10 years and long-term plan of 25 years to improve the solid minerals sector. Endit