In an effort to maximize supports of international bodies and foreign governments in ensuring sustainable growth in the mining and mineral sector, the Federal Government has inaugurated the Development Partner and Donor Agencies Coordination Group on Mining.
The forum would serve as a platform where development partners and donor agencies meet to review, coordinate and synergise their programs with the aim of increasing the efficiency and effectiveness of assistance provided to the mining sector.
The Nigerian Minister of Mines and Steel Development, Dr Kayode Fayemi, who inaugurated the group in Abuja, said government was doing a lot to restore the country’s lost glory in the minerals and mining sector.
“It involves improving governance, transparency and accountability, building an investor-friendly regulatory environment, making the sector more inclusive for artisanal miners and women to increase foreign earning exchange in the country.”
Dr Fayemi said government is driving a public sector-enabled and private sector-led mineral sector transformation and looks forward to the support of the development community in achieving the set goals.
“This is with the goal of raising mining’s overall direct contribution to GDP from 0.34 percent in 2015 to over 3 percent in the next ten years. Attaining this goal is in line with the Nigerian government’s vision to develop a well diversified economy and reduce the over-reliance on crude oil through agriculture and mining”.
The Minister also presented the mining Roadmap to the international partners and donor agencies, saying that the document was designed as a guide to return the mining sector back to its lost glory of place and ensure growth and development of the minerals industry.
Dr Fayemi said the Roadmap was both consultative and inclusive in order to meet the mandate and secure the greatest benefits of Nigeria and its citizens.
He also pointed out that the document is aimed at tackling inherent challenges in the sector and re-positioning the country’s solid mineral sector for a self-sustained inclusive growth.
“I should emphasise that we have domesticated the provisions of the African Mining Vision (AMV) adopted in February 2009 during the African Union Summit in the roadmap”
The inauguration was witnessed by the representatives of international organisations and donor agencies, such as the World Bank, the Department for International Development (DFID), Ford Foundation, United Nations Industrial Development Organisation (UNIDO), United Nations Development Programme (UNDP), Open Society Initiative for West Africa (OSIWA), Medecin San Frontieres(MSF), Australian and Canadian governments.