The Minister of Steel Development, Shuaibu Audu has assured investors of conducive environment in various minerals processing plants across the country.
Audu noted that in line with the 8-point agenda of Mr. President and the proposed roadmap for the ministry of steel development, pathways transition metals that would be produced locally with requisite value addition, but not exhaustive has been suggested.
These pathways, Audu hinted includes; enforcing the processing of raw materials locally. This he added will ensure forex proliferation and creation of jobs for both skilled and unskilled workers in the mining sector.
The Steel Minister made the disclosure in his keynote address at the ongoing 2nd edition of African Natural Resources and Energy Summit in Abuja.
Audu said the theme of the summit, “Towards a Just Transition,” encapsulated the urgency and responsibility Nigeria holds in its hands as it navigates the intricate balance between resource development and environmental sustainability.
He stated: “I am honored to stand before you today at the 2nd African Resource and Energy Investment Summit 2023 as we deliberate on a pivotal subject that resonates deeply with the economic and industrial future of our continent: “Adding Value to the Mining Sector: Locally Producing Transition Metals.”
“It’s an occasion that brings together stakeholders across diverse sectors, all unified under a noble banner of sustainable development. As we stand at the cusp of a new era, the pursuit of value addition becomes paramount, particularly in the realm of transition metals.
“The demand for these metals, crucial in the development of green technologies, has surged globally. Africa’s potential to meet this demand is vast, yet largely untapped.”