Nigeria risks repeating oil-era failures in minerals sector, expert warns
Nigeria, Nov. 14 -- Nigeria risks reproducing the economic and environmental failures of its oil industry in the development of its solid minerals sector unless it strengthens regulation, improves resource management and ensures host communities benefit from extraction, an expert has warned.
Tengi George-Ikoli, Nigeria Country Manager at the Natural Resource Governance Institute (NRGI), said the country had failed to translate nearly seven decades of commercial oil production into broad-based economic development.
"We have not," Mrs George-Ikoli said when asked whether Nigeria had benefited from its petroleum resources.
She spoke in an interview with PREMIUM TIMES on the sidelines of the ongoing COP31 climate conference in Antalya, Tur...
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