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NEPC: Solid Minerals Sector's Export Contribution Lags

This Day·
NEPC: Solid Minerals Sector's Export Contribution Lags

The Nigerian Export Promotion Council (NEPC) has stated that the contribution of the solid minerals sector to Nigeria's export earnings does not accurately reflect its potential wealth. During a workshop titled "Unlock Cross River State's Potential," NEPC Executive Director Mr. Nony Ayeni pointed out that despite Nigeria's rich endowment of solid minerals such as lithium, zinc, tin, barite, and lead, the sector has not fully translated its potential into earnings.

Ayeni noted that challenges such as a lack of understanding of export procedures and compliance with international trade standards hinder the sector's growth. The workshop aimed to build the information capacity of the community in the export sector.

Dr. Abigail Duke, representing the Cross River Commissioner for Commerce and Industry, emphasized the need for miners to engage with programs designed to enlighten them about the sector's potential. Mr. Philomema Nyiam, Permanent Secretary of the Ministry, remarked on the prevalence of illegal mining and the government's lack of pursuit of offenders, which affects the sector's prosperity.

Plus234Feed summary based on reporting from This Day.

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