FIC Report (Edo State) – The lead section introduces the main topic of unlocking Nigeria’s solid minerals potential. It highlights the Nigerian Export Promotion Council’s (NEPC) initiative to harness the vast potential of solid minerals to drive economic growth and development in Nigeria.
The body of the text provides more details about the initiative. It discusses Edo State’s mineral wealth, including the various mineral deposits found in the state. It also highlights the challenges facing the sector, such as informality, lack of funding, and inadequate mining technology. The NEPC proposes solutions to address these challenges, including establishing state-supported cooperatives, providing capacity training, and developing a mineral processing center. Additionally, the text explains the NEPC’s mandate to diversify Nigeria’s export base and promote non-oil exports. It also mentions a seminar held to bring together stakeholders and discuss strategies to enhance the formalization of operations and improve product quality. Furthermore, the text notes the government’s support for the initiative, with the Commissioner for Mining, Oil and Gas commending the organizers of the event and calling for investors to take advantage of the opportunities in the sector.
The conclusion summarizes the potential of Nigeria’s solid minerals sector to contribute to the country’s economic growth and development. It emphasizes the need for the right strategies and support to unlock this potential and make the sector a significant contributor to the economy.
Signed
Adu Stella Nneka
SI&PRO
FIC, Benin.
October 11th, 2025
