#Nigeria
The federal government has offered tax exemptions and exemptions from duties on imported mining equipment to foreign investors in the nation's mining industry. Minister of Mining and Steel Development, Dr. Kayode Fayemi, conveyed the offer while talking about "Mining for Shared Prosperity: Why Nigeria, Why Now?" At the opening session of the Africa Down Under Conference in Perth, Australia. to a statement made available in Abuja. Fayemi listed the incentives available to investors in the mining sector to include renewable fiscal vacations, duty exemptions on imported mining equipment, and 100 ownership of business concerns, among others. The minister said the massive nickel deposit in Dagoma, Kaduna state, was a game changer for the Nigerian economy, the minister said, speaking to a meeting of African mines and miners, politicians, investors, operators and financiers. miners. He told potential investors that while it was the federal government's responsibility to issue operating licenses, they needed to work with state governments and host communities to ensure stakeholder support needed to be successful in the mining sector. Fayemi said: "You need the cooperation of host communities as well as state governments. Even when our constitution allows the Federal Government to grant you licenses, you need the understanding and cooperation of the state governments and the host communities in which you go to work. "Host communities should have a stake in their investment." Once that is done, they will see themselves as part owners and will make sure that no one sabotages their efforts.This, we have learned through experience. " The minister said that environmental security was one of the first important steps taken by the government to ensure the success of the project. draft. He added that the government was collaborating with Comet Minerals Limited, the company that discovered the ore, in several aspects of the project. The minister noted that the discovery of nickel could be a game change if managed properly, adding that the government would support everything in line with the wealth and job creation agenda of its diversification plan.
Did You ❤ ❤ this post? DROP A C.O.M.M.E.N.T ... spill TEA.... Easy on Shade #jaiyeorie
The federal government has offered tax exemptions and exemptions from duties on imported mining equipment to foreign investors in the nation's mining industry. Minister of Mining and Steel Development, Dr. Kayode Fayemi, conveyed the offer while talking about "Mining for Shared Prosperity: Why Nigeria, Why Now?" At the opening session of the Africa Down Under Conference in Perth, Australia. to a statement made available in Abuja. Fayemi listed the incentives available to investors in the mining sector to include renewable fiscal vacations, duty exemptions on imported mining equipment, and 100 ownership of business concerns, among others. The minister said the massive nickel deposit in Dagoma, Kaduna state, was a game changer for the Nigerian economy, the minister said, speaking to a meeting of African mines and miners, politicians, investors, operators and financiers. miners. He told potential investors that while it was the federal government's responsibility to issue operating licenses, they needed to work with state governments and host communities to ensure stakeholder support needed to be successful in the mining sector. Fayemi said: "You need the cooperation of host communities as well as state governments. Even when our constitution allows the Federal Government to grant you licenses, you need the understanding and cooperation of the state governments and the host communities in which you go to work. "Host communities should have a stake in their investment." Once that is done, they will see themselves as part owners and will make sure that no one sabotages their efforts.This, we have learned through experience. " The minister said that environmental security was one of the first important steps taken by the government to ensure the success of the project. draft. He added that the government was collaborating with Comet Minerals Limited, the company that discovered the ore, in several aspects of the project. The minister noted that the discovery of nickel could be a game change if managed properly, adding that the government would support everything in line with the wealth and job creation agenda of its diversification plan.
Did You ❤ ❤ this post? DROP A C.O.M.M.E.N.T ... spill TEA.... Easy on Shade #jaiyeorie
No comments:
Post a Comment