Nigeria, China to collaborate on mineral deposits – Minister

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The Federal Government says it will collaborate with China Railway Investment Group Limited (CRIG) to harness the versed mineral deposits across the country.
Mr Olamilekan Adegbite, the Minister of Mines and Steel Development, expressed government readiness while receiving the team of CRIG on Saturday in Abuja.
Adegbite, who made this known in a statement issued by Mrs Etore Thomas, the Director Press of the ministry, said that the ministry would avail CRIG the opportunities of investing in priority areas.
“The ministry can avail CRIG the opportunities to invest both on mining and metal sector once there is genuine expression of interest in the sector that will facilitate the industrialisation and prosperity of the nation,” he said.
Adegbite canvassed for investment in mining and processing of some of the major minerals, such as Gold, Bitumen, Barite, Led, Zinc, cobbalt, Lithium, coal and gemstones.
This, he said, would satisfy and expand both the local and international markets and ensure the GDP growth of the economy.
“The ministry is likely to begin auctioning of Bitumen licences by October this year and critical investors should utilise such ample opportunity to immensely contribute to the growth of the sector for a viable nation,” said the minister.

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