Nigeria’s shift from exporting rocks to building industry
Nigeria’s mining industry is transforming from raw material export to value-added processing. Discover how new policies are boosting revenue and attracting Read More: https://punchng.com/nigerias-shift-from-exporting-rocks-to-building-industry/
Nigeria's mining industry is undergoing a transformation from exporting raw materials to value-added processing. New policies are boosting revenue and attracting investment in the sector.
The country's creative industry is also being touted as a key driver of economic growth. Former Minister of Information and Culture, Lai Mohammed, described it as Nigeria's "next oil", citing its potential to create jobs and drive economic expansion.
The creative sector, which includes films, music, fashion, and sports, is seen as a significant employer, with Mohammed noting that it employs the largest number of people after agriculture. The sector is being explored as a way to support President Bola Tinubu's target of growing Nigeria's economy to $1tn by 2030.
Brief written by urgent.news from Punch, Punch Nigeria — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
