Gemstones could earn Nigeria over $12 billion – Don
Nigeria could earn well over $12 billion from gemstones annually if it invests in a laboratory to certify the value of the precious stone, a Professor of Business Administration, Adesoji Adesugba, said at the just concluded 3rd edition of the annual African Gemstones and Jewellery Exhibition and Seminar , in Abuja.
He suggested that the first step in tackling this problem is capacity building, adding that “this would enable the country identify the gemstones and know the value of what she has, thereby ensuring the sector improves and takes its rightful place.”A gemstone is a piece of mineral crystal which is in cut and polished form used in making jewellery or other adornments.
At the event, the former president of the Miners Association of Nigeria , Shehu Sani, said: “the roadmap, which serves as a guide for the sector is good but lacks funding and this is a major hindrance in implementation”.
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