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, according to stakeholders in the mining sector. At the 11th Nigeria Mining Week in Abuja, industry players emphasized the need for establishing 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.

Adelia's Country Manager, Segun Okoh, highlighted the importance of developing skilled workers and entrepreneurs while connecting mining communities to the entire gemstone value chain.

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