Nigeria, China to collaborate on mineral deposits - Punch Newspapers

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Nigeria, China to collaborate on mineral deposits - Punch Newspapers
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The Federal Government says it will collaborate with China Railway Investment Group Limited to harness the versed mineral deposits across the country.

“The ministry can avail CRIG the opportunities to invest both on mining and metal sector once there is genuine expression of interest in the sector that will facilitate the industrialisation and prosperity of the nation,” he said. “The ministry is likely to begin auctioning of Bitumen licences by October this year and critical investors should utilise such ample opportunity to immensely contribute to the growth of the sector for a viable nation,” said the minister.He also called on investors to fully invest in Ajaokuta Steel Plant, disclosing that about 13 to 14 minerals needed to produce Liquid Steel from the plant were all available in Nigeria.

Earlier, the leader of the CRIG delegate, Dr Sunny Okorie, said that their firm, which is a big consortium with over 50,000 dollars turn over per annum, had already invested in many businesses in Nigeria.

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