Tag: GDP

  • ‎NEITI CALLS FOR PASSAGE OF MINING LAW TO BOOST NIGERIA’S GDP

    ‎NEITI CALLS FOR PASSAGE OF MINING LAW TO BOOST NIGERIA’S GDP

    Nigeria Extractive Industries Transparency Initiative  (NEITI) has warned that Nigeria’s solid minerals sector is underperforming, contributing only 0.83% of GDP in 2023 despite vast deposits of lithium, cobalt, and gold.   It urged urgent reforms, including passing a new Solid Minerals Reform Act within 12 months, creating a National Minerals Development Council, deploying digital licensing,…

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