Nigeria can’t diversify with poor funding of mining, says centre
13 July 2022 |
3:25 am
National Metallurgical Development Centre (NMDC) says Nigeria cannot achieve economy diversification with poor funding of mining research.
National Metallurgical Development Centre (NMDC) says Nigeria cannot achieve economy diversification with poor funding of mining research.
Its Director-General, Prof. Linus Asuquo, during a media chat in Abuja, noted that for decades, economic diversification has been a policy priority for low and middle-income nations.
He urged the National Assembly to increase funding for NMDC to enable it contribute more to Nigeria’s revenue.
Asuquo observed that the centre, as a citadel of industrialisation, could develop robustly with needed support to halt importation of iron and steel products for the nation’s military and other critical sectors.
Related
2 days ago
The Gombe Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned the Chief Executive Officer (CEO) of MB Lugga Global Travels and Tours Limited, Mustapha Mohammed, before Justice T.G. Ringim of the Federal High Court sitting in Gombe, Gombe State, on a three-count bordering on intent to defraud and obtaining by false…
29 Jan
The National Sports Commission (NSC), on Wednesday, partnered with the Nigeria Customs Service (NCS) with a pledge to support sports development across the country. As part of efforts to revitalize sports, engage youths in productive activities, and strengthen Nigeria's global sports presence, the Comptroller-General of Customs, Adewale Adeniyi, also sought the NSC's support to host…
29 Jan
Human rights lawyer and activist, Deji Adeyanju, has berated the Nigerian Police Force (NPF) for initiating charges against activist Omoyele Sowore over comments he made on social media, referring to the Inspector General of Police (IGP), Kayode Egbetokun, as an "illegal IG." According to Adeyanju, the charges represent an abuse of the legal process, noting…
29 Jan
The Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, on Wednesday, stormed the national headquarters of the Petroleum Tanker Drivers Branch of the National Union of Petroleum and Natural Gas Employers (NUPENG-PTD) to seek proactive action toward tackling the recent spate of tanker crashes in Nigeria. The visit was a prelude to…
28 Jan
The spokesman of the Pentecostal Fellowship of Nigeria (PFN), Dr. Emmah Gospel Isong, has condemned recent attempts to undermine the leadership of the Christian body led by Bishop Francis Wale Oke, tagging the efforts as baseless and driven by selfish political motives. Isong expressed outrage over the negative media campaign allegedly aimed at discrediting Oke's…
27 Jan
The Civil Society Legislative Advocacy Centre (CISLAC) has condemned the recent arrest and subsequent release of Muhuyi Magaji Rimingado, Executive Chairman of the Kano State Public Complaints and Anti-Corruption Commission (PCACC), by officers of the Inspector General of Police (IGP) Monitoring Unit. CISLAC described the incident as a clear case of "corruption fighting back," warning…
26 Jan
A World Bank-financed project, Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) and Yobe Government have disbursed $2.525m as revolving fund to 101 communities in the state to boost agricultural development. Gov. Mai Mala Buni of Yobe State made this known at the presentation of cheques to the beneficiaries on Saturday in Damaturu. Buni said that the…
26 Jan
The price of tomatoes has crashed in Lagos and some other parts of the country to what farmers attributed to the glut being experienced at the moment due to the harvest season. The News Agency of Nigeria (NAN) reports that a tomato glut is a situation where there is an excess of tomatoes, often leading…
23 Jan
UNICEF says Katsina, Sokoto and Zamfara States will need $15 million to upscale the quality of life of their citizenry. The UNICEF Representative in Nigeria, Ms Christian Munduate, said this at a news briefing in Gusau on Wednesday, shortly after holding an interactive session with stakeholders from Gidanwada Model Primary School in Bungudu Local Government…
23 Jan
A cross section of students in Enugu State, on Wednesday, appealed for the reversal of the 50 per cent hike in tariff in telecommunication services due to prevailing socioeconomic hardship. They were of the view that telecommunication services, such as internet data service, have enhanced learning and research work; making its usage indispensable to all…
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.