Nigeria losing jobs, revenue by exporting raw gemstones, stakeholders warn
Nigeria risks losing thousands of jobs and billions of naira in potential earnings by exporting gemstones in their raw form instead of processing them into finished products, stakeholders in the mining sector have warned. They called for the establishment of gemstone processing clusters, affordable financing, improved security and sustained skills development to enable local operators Read More:…
Nigeria's gemstone industry is at risk of losing jobs and revenue due to the export of raw stones, according to stakeholders at the Nigeria Mining Week in Abuja. They have called for the establishment of gemstone processing clusters, affordable financing, improved security, and sustained skills development to enable local operators to capture more value from the country's mineral resources.
The Country Manager of Adelia, Segun Okoh, emphasized the need for a coordinated system that develops skilled workers and entrepreneurs while connecting mining communities to the entire gemstone value chain.
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