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Nigerian Govt To Partner KPMG For Devt Of Mining Sector

News Editor by News Editor
December 19, 2022
in Business
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Nigerian Govt To Partner KPMG For Devt Of Mining Sector

By SUNDAY ABBA, Abuja

Nigerian government has welcomed collaboration between it and Klynveld Peat Marwick Goerdeler (KPMG) in order to fully realise the economic diversification mandate of its solid minerals sector through the Ministry of Mines and Steel Development (MMSD) for overall economic growth of the country.

The Minister, MMSD, Arc. Olamilekan Adegbite, made this known when the Head of Energy and Natural Resources, KPMG, Mr Ayo Salami and his team paid him a courtesy visit at the Ministry’s Headquarters, Abuja, a statement from the ministry said.

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Welcoming the visitors, Adegbite, urged them to engage in meaningful interaction with the management of the ministry for background information to enable them gain fruitful knowledge of its policies and programmes.

Speaking at the occasion, the Minister of State, Senator Gbemisola Saraki, having acknowledged the proposed collaboration KPMG offered the ministry for the development of the mineral and metals sector said she looked forward to a strong relationship between the two sides for the realisation of economic diversification of the federal government.

Earlier in his address, the leader of the delegation, Mr Ayo Salami stated that their purpose of coming to ministry was to share their thoughts about the industry on how well to relate with its operators.

He appreciated efforts of the ministry in setting up the National Integrated Mining Expression Project (NIMEP); ensuring improved transmission of Mining Cadastral Office (MCO); improved transparency and review of license regime in the mining sector; the launching of EMC + system process and Mining Roadmap which according to him had triggered a surge in mineral exploration in the Industry.

Mr Salami, however, urged the Ministry to enhance the Mining Roadmap by working with relevant gold agencies to harmonize and develop some financial incentives in order to attract relevant miners into the country. Such harmonisation, he said, would bring clarity to operators, particularly to foreign investors who are ready to come into the Nigeria mining space.

KPMG is a Big Four accounting firm that offers accounting, audit and business advising services to companies worldwide. Although well known for its accounting and finance positions, there are other fields such as consulting, research and science, and other opportunities with the firm.

News Editor

News Editor

SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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