PwC To Support Growth Of Nigeria’s Mining Sector

PwC Nigeria at the weekend stated that it will continue to support the growth of the Nigerian mining sector in line with the country’s overall economic diversification efforts.

The pledge was made by the firm’s Country Senior Partner, Uyi Akpata, in his opening remarks at the 3rd edition of the Nigeria Mining Week in Abuja.

Mr Akpata, who was represented by Dr Bert Odiaka, Partner and Head of the firm’s Abuja office, stated that PwC’s commitment to supporting the sector was in line with the firm’s purpose of building trust in society and solving important problems

He said the firm has long identified the potential of the mining sector in diversifying the revenue base of government and creating opportunities for people.

Alhaji Abubakar Bawa Bwari, the Minister of State for Mines and Steel Development, speaking earlier at the pre-conference session disclosed that private investors have expressed readiness to commit about 3.32 billion dollars to fund some projects in the mining sector.

He said the fund will be used to fund gold mining and refining, foundry works, lead/zinc exploration and production, tin, tantalite and columbite mining and processing.

Also speaking, Alhaji Sani Shehu, the president of the Miners Association of Nigeria, called for more efforts, especially in the area of access to the various funding initiatives being put in place for artisanal and small-scale miners.

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