Senate urges investors to take advantage of favourable regulations in Nigeria’s solid minerals sector

The Chairman, Senate Committee on Solid Minerals, Senator Osita Ngwu, has urged global investors to take advantage of favourable regulations governing the Nigerian solid minerals sector.

According to the lawmaker, Nigeria’s mining sector has a friendly investment climate backed by legislations that safeguard local and foreign direct investments.

The Senate committee chairman, who made the call during a visit to the Chinese Ambassador to Nigeria, Mr. Cui Jian Chun in Abuja, described Nigeria as an investment destination with several opportunities in the solid minerals sector.

He stressed that the opportunities in the mining sector highlight the potential for collaboration and economic growth between Nigeria and China.

Discussing specific investment opportunities that both countries can leverage upon, Ngwu encouraged investors to invest in Mining Exploration and Development, saying that China expressed interest in investing in the exploration and development of Nigeria’s solid…

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