Transparent mining license will boost economy, says Nkom

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The Director-General of Nigeria Mining Cadastre Office (NMCO), Obadiah Nkom, said on Wednesday that transparency in mining licenses will boost the economy and also entice more investments locally and globally.

The Director-General of the Nigeria Mining Cadastre Office , Obadiah Nkom, said on Wednesday that transparency in mining licenses will boost the economy and also entice more investments locally and globally.

He noted that the mining Cadastre office is operating the eMC plus an online for transparency to boost the mining industry across Nigeria. “But as it relates to mining licenses, the nation’s Transparency Initiative, we work very closely with them because once title administration, like I said, is not transparent, then there’s no way people will be able to come and invest, At the same time. There is the concept of people having licenses or not actually using it.

“After six months or one year, you’ll find out that they needed financial funding, whatever support you couldn’t get it. So at the end of the day, it affects your activity and you have no option but to be able to now actually.” The Lagos State Governor, Mr Babajide Sawo-Olu, has empowered 200 artisans who participated in six weeks of master craftsmen training organised by the Ministry of Housing. This training and mentorship began in 2016 to enhance the capacity of craftsmen and artisans in Lagos State to fill the gap of the dearth of well-trained artisans as…

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Source: Financial Digest (financialdigest.net)

 

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