Fidelity bank banner Bayelsa State banner
200 Chinese investors to invest in Nigeria

By News Express on 05/10/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 973

•Minister of State for Mines and Steel Development, Bawa Abubakar
•Minister of State for Mines and Steel Development, Bawa Abubakar

No fewer than 200 Chinese mining companies have declared interest to invest in Nigeria’s mining sector, the News Agency of Nigeria (NAN) reports.

NAN gathered that the Minister of State in the Ministry of Mines and Steel Development, Bawa Abubakar, in September, led Nigeria’s delegation to the China Mining Conference in China.

During the conference, Nigeria and China organised the second Cino-Nigeria Summit to showcase Nigeria’s mineral potentials.

A competent source at the Ministry told NAN that “we got this huge number of investors through a website set up as Cino-Nigeria Finance Alliance Group during the summit”.

“The first edition of Cino-Nigeria investment cooperation started last year in china but the 2017 edition was a huge success for Nigeria because of the large number of investors that declared interest to invest in the Nigeria mining sector,” the source said.

The source said the Ministry, elated by the feat, had stepped up arrangements to receive the investors before the end of the year, to enable them to begin necessary steps towards investing in the sector.

It said that the feat was also part of the ministry’s strategies to promote the mineral potentials of the country and further create employment for the population.

The strategies are also designed to ensure that the mining road-map is adequately implemented to contribute five to 10 per cent to the Gross Domestic Product (GDP) of the country. (NAN)

Source News Express

Posted 05/10/2017 05:33:50 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
NiMet predicts dust haze on Saturday

Nigeria safe from WannaCry cyber attack — NITDA...

Anambra Guber: Reclaim Naija tasks security agencies

Boko Haram war claims over 1,000 policemen

Nigerian Army says most villages seized by Boko...

El-Rufai bans LG chairmen from fraternising with PDP...

Court orders FG to pay N30m to family...

Data saving KairosWebTV launches in Nigeria, set to...

US threatens devastating response if North Korea attacks...

Tragedy as train crushes motorists on fuel queue...

8 arrested over attack on NTA Onitsha Station...

Withdraw troops from Igbo land, Ojiba tells FG...

 

Latest News Ministry accesses N15bn from Mining Intervention Fund Pope to meet sexual abuse My mother was my rock, says Gov. Dickson NiMet predicts thunderstorms, rains for Wednesday Angry APC youths attack Governor Obaseki’s convoy Buhari shuns protocol, treks 800 metres •He is fit and ready for 2019 — Presidency Apprehension as firm serves Adeleke University quit notice, threatens to demolish structures Police captures madman accused of killing Ekiti monarch Kidnapping: NMA threatens to withdraw medical services in Cross River HURIWA cautions Army on Operation Python Dance 3, asks Buhari to rejig Security Council More males than females register to vote SERAP to Ajimobi: Repair Ayefele’s Fresh FM building or face legal action

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (379,790 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (367,794 views) Shameless Genevieve Nnaji exposes breasts in public (297,648 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (242,767 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (223,912 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (217,740 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (193,495 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (175,622 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (160,132 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (159,136 views) Lagos plane crash: Journalist releases victims’ names (153,388 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (143,590 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (56) Business & Economy (3,473) Business Verdict (48) Columnists (912) Complaints & Requests (95) Enterprise & Opportunities (207) Entertainment (530) Features (642) Global Business Monitor (298) International (2,286) Interview (162) Live Commentary (28) Love Matters (137) News (38,202) Opinion (1,064) Pidgin (11) Politics (6,121) Religion (838) Sports (1,655) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Yinka Ayefele's Music House Demolished

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement