The Executive Secretary of the Nigeria Extractive Industries
Transparency Initiative, NEITI, Waziri Adio, says the solid mineral
sector, though not being tapped to its fullest, has the potential to grow
Nigeria’s economy, create jobs and address a number of social issues.
Adio made this known at the launch of a report designed to enhance the
contribution of the solid minerals sector to Nigeria’s revenue and Gross
Domestic Product, in Abuja.
The report is tagged ‘Improving Transparency and Governance in
Nigeria’s Mining Sector,’
According to him, NEITI, in launching the report, is seeing how it can
bring on board, what needs to be done and how it should be done.
He added that NEITI wanted to go beyond audits and do things that
would impact lives of the citizenry.
Presenting the report, the Editorial Consultant and Professor of Geology,
University of Ibadan, Gbenga Okunlola, said that in comparison with
other countries with similar potential, Nigeria’s mining sector was still
largely underdeveloped.