On Monday, October 14, Nere Teriba, Managing Director of Kian Smith Trade & Co, Nigeria will be speaking on the topic, The journey of successful mining players in Nigeria: Common pitfalls and how they got around them in the fourth edition of the annual Nigeria Mining Week. She will be speaking alongside, Segun Lawson, CEO, Thor Explorations Ltd, UK on the topic in the event taking place from 14 and 16 October in Nigeria’s capital, Abuja.
Nigeria Mining Week, which is organized by Miners Association of Nigeria in partnership with PricewaterhouseCoopers (PwC) with the official support of the Ministry of Mines & Steel Development and Miners Association of Nigeria (MAN) promises to drive the Nigerian solid minerals sector forward, with the vision to open up credible business opportunities and put Nigerian mining on the map. It also looks to facilitate and accelerate the development of operations and the Nigerian mining sector at large. The event brings together over 180 mining and exploration companies and 1200 participants from 24 countries.
The Nigerian government is looking to re-establish the country as a competitive mining and mineral processing centre in the global export market and in the past few years, there has been noteworthy developments in Nigeria’s mining industry. However, the industry has continually failed to adequately inculcate safety standards, totally eliminate environmental accidents as well impact the grassroots.
In the Nigerian Mining Week, Issues, challenges and solutions of the industry will be addressed. How ways can be paved towards successful mining projects, the upgrade and migration of mining technologies to an online system as well as building a financing ecosystem for exploration and mining in Nigeria will be discussed.
On the second day, Teriba will also be on a panel chaired by Professor Ibrahim Garba, Vice-Chancellor of Ahmadu Bello University, Nigeria who will be speaking on Mining projects: Report on current developments. She will also chair the session that speaks on the topic, Opportunity for the future commodities: How is West Africa positioned in the world?
Currently, a lot of progress still needs to be made to develop the mining sector for it to contribute its projected 7 percent to the country’s GDP by 2025 as against the 0.3 percent it contributed in 2015. Should the country and industries hit the ground running with the discussions from the mining week, the industry will be on the right path to achieving its goal.
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