mining sector alleges Insufficient data responsible for decline in mining sector
the Minister of State Alhaji Abubakar Bwari Mines and Steel Development, says that mining sector in Nigeria has not seen commensurate development due to insufficient data on Geo sciences.
Bwari made this known while inaugurating the Integrated Exploration Project of the Ministry on Thursday in Abuja.
he said insufficient Geo sciences data is responsible for the decline in the mining sector contribution to the Gross Domestic Products (GDP), saying that the sector contributed “paltry 0.35 percent” the Gross Domestic Product (GDP).
Bwari said this is an unhealthy situation that makes our country economy particularly vulnerable.
he said President Muhammadu Buhari’s determination to reverse this trend gave rise to the economic diversification agenda, anchored primarily on mining and agriculture sectors.