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This emphasis comes in tandem with an appraisal of the $600m Iron-Ore Mining & Processing Facility by the African Natural Resources and Mines Limited in Kaduna state, a significant stride in Nigeria’s mining sector. The Federal Executive Council has approved an Infrastructure Development Fund, which Mrs Uzoka-Anite describes as a “project de-risking fund,” concentrating on crucial infrastructure sectors vital to Nigeria’s economy.
In line with the remarks of the Minister of Solid Minerals Development, Dele Alake, the minister praised the ANRML facility for its substantial foreign investment and commitment to value addition and beneficiation in its iron-ore processing. She asserted that these efforts are in line with the federal government’s policy to require value addition plans for mining operations license approvals.
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