EDC Radio Online - loading...
/

The Economy & You

The Economy&You - Dr. Fakunle

Thu 4th Feb 2016

The solid minerals sector in Nigeria has long been treated as the poor cousin of the oil and gas sector. Compared to the level of investment and development in oil and gas extraction – which has grown exponentially since Nigeria joined the Organization of Petroleum Exporting Companies (OPEC) in 1971 – mining activity has suffered stagnation, and even decline. While petrol dollars dominate the economy, the National Bureau of Statistics lists solid minerals as contributing minimally to GDP, despite significant coal and iron ore reserves, and known deposits of gold, uranium, tin and tantalum. This therefore means that the vast mineral resources present in Nigeria have not been fully exploited. In this episode, Dr. Fakunle, a veteran player in the mining sector will provide some understanding of the opportunities for SMEs in the mining and solid minerals sector of Nigeria and how this affects the economy as a whole.

This is live show scheduled for Thu Feb 04 2016 15:00:00