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NIGERIA AND THE CHALLENGE OF MINING

Nigeria’s solid minerals sector presents a bittersweet story for the country and its people, particularly in Northern Nigeria. Mining has created wealth, jobs and economic opportunities for individuals and communities.

  • Nigeria's solid minerals sector offers wealth, jobs, but also insecurity and environmental damage.
  • Illegal mining persists despite reforms, causing deaths and social disorder in some regions.

ERRATIC POWER SUPPLY AND BUSINESSES

Unreliable electricity supply is a bane to economic growth When the Managing Director and Chief Executive Officer of Arewa Cotton and Allied Products Limited, Mr Anibe Achimugu said recently that

  • Unreliable electricity supply hinders Nigeria's economic growth
  • Power shortages force businesses to close or downsize workforce
  • Nigeria's per capita electricity consumption is 1/5th of low-middle-income countries

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