Roadmap for the growth and development of Nigerian mining industry:
Date
2016
Journal Title
Journal ISSN
Volume Title
Publisher
Abuja: Ministry of Mines and Steel development.
Abstract
Executive summary; The industry today; Constraints and challenges to full potential; Proposed strategic framework for full mining potential; Implementation and action plan; Communication strategy; Next steps;
Description
The Honourable Minister and Honourable Minister of State of the Ministry of Solid Minerals Development set up a 17-man committee, to develop a roadmap for the sustainable development of the mining and metals sector in Nigeria.
The committee was made up of representatives across the value chain of the sector and also consulted with other external stakeholders. While the roadmap centres around the path to sustainable development in the sector for next several years, it places special emphasis on the critical issues and challenges which must be addressed for value creation in the immediate, short, mid-term and long-term periods. The roadmap focuses on all areas that must be addressed in order to rekindle and sustain the required momentum for reforms in the sector. The roadmap is structured, as a guide, using the major hindrances to development that the mining sector faces today, and proposes solutions to overcome these challenges. It prioritises activities for implementation, includes scenarios and case studies as models for successful implementation, and monitors and envelopes these in a coherent, consensus strategy for buy-in of all stakeholders. The current roadmap also leverages prior roadmaps and development initiatives instituted by the Federal Government, and aims to improve deficiencies encumbering the growth of the sector.