Nigeria Set To Develop Its Iron Ore Assets

The Ministry of Mines and Steel development through the World Bank Mineral Sector Support for Economic Diversification (MinDiver) Project is set to develop its iron ore assets to identify potential for future exploitation by the country.

This was revealed during a workshop held at the MinDiver Complex office in Abuja recently.

Speaking at the official presentation of the project which aims at catalyzing the process of economic diversification through the development of the mineral sector, the principal consultant, Dr. Abani Samal, of Geoglobal USA, a United States of America based mining-industry expert in his presentation titled ‘a preliminary review of National Iron-ore Mining Company Ltd (NIOMCO) iron ore assets and their potential for future exploitation’, said that the mineral deposits need further development for increasing confidence on the mineral resources and plans for extraction of iron ore.


In his report, Dr. Samal stressed the need to create a system that encourages collaboration amongst all agencies of the Ministry of mines and steel development and federal Government for increasing better opportunities for the country in the development of its human resources and competency which will contribute to the sustainability of the industry in the country


In attendance during the presentation were Engr. Linus Adie, the Project Coordinator, Mineral Sector Support for Economic Diversification (MinDiver), Mr. Obienu NI., Director metallurgical inspectorate and raw material development of the Ministry of mines and steel development and other stakeholders. The next phase of the workshop is slated for Monday, 3rd July 2017.