Nigeria to issue mining licenses only to companies that process locally

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Nigeria to issue mining licenses only to companies that process locally


On Thursday, March 28, 2024, Nigeria announced its plan to begin issuing mining licenses only to companies that present a strategy for processing ore locally. Like most of tropical Africa, Nigeria wants to start adding value to its mineral resources instead of exporting raw materials. As observed by Ecofin Agency, despite being home to 44 solid…

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4 Comments

  1. I never said the old turtle couldn’t hack it. I was just infuriated that after winning the election he went to France to rest. The coups really spooked him, I think.

  2. GOOD MOVE, but there is a better idea, MARKETING ART & HOW TO USE YOUR CARDS

    You don't need to ask and beg the world, just look for what you have & use it the world will come to you by itself

    Think differently: You have the resources & there is enough money in Nigeria & among the black diaspora around the world, So…
    1 – Give priority to locals, then the black diaspora, & rest of the world

    2 – Sit with local businessmen and encourage and push them, see what they need, & what stops them.

    3 – Train and mentor young people in these areas

    4 – Organize a big business conference for the black diaspora around the world

    5 – Grant special privileges, Tax exemptions & Legal guarantees to the black diaspora

    6 – Check what blocking the black diaspora around the world from Africa & try to solve it.