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minister talks today, page-11

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Chiller

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09/09/17

07:37

Post #: 27102420
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Interesting comments from Fayemi at the Africa Down Under conference this week.

Speaking on the topic 'Mining for Shared Prosperity: Why Nigeria, Why Now?', Dr. Fayemi addressed a gathering of African ministers of mines and minerals, policy makers, investors, operators and mining financiers at the conference.
He assured potential investors about the Federal Government's commitment to taking enough responsibility to ease mining operations in the country.
He said, "You need the cooperation of the host communities as well as the state governments. Even when our constitution allows the Federal Government to issue you licences, you need the understanding and cooperation of the state governments and the host communities in whose environment you are going to work.
"The host communities should have a stake in your investment. Once that is done, they will see themselves as part owners and will ensure that no one sabotages your efforts. This, we have learnt through experience."

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http://www.pulse.ng/news/business/fg-grants-tax-breaks-to-mining-investors-id7273902.html

KFE Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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