Long-Term Goal
It is expected that this project will provide a framework for Nigeria's mining sector to attain its potential of accelerated and inclusive economic growth, culminating in job creation opportunities for the teeming unemployed population, especially the youth and women.
Medium-Term Outcomes
- An impact-based report of the sector-wide review of Nigeria's mining sector's opportunities, challenges, and regulatory issues.
- A review of the sector’s policy and institutional framework with recommendations for improvement.
- Facilitate the buy-in of stakeholders towards the domestication of the African Mining Vision (AMV) in Nigeria.
- Provide an evaluation framework to document and highlight gaps in the institutional and regulatory frameworks to guide future interventions in the sector.
- Recommend a collaborative and intervention framework for organising stakeholders in the mining sector for better coordination and improved sectoral performance.
This report provides a diagnostic assessment of the state of the mining sector in Nigeria, critically examining the status, strengths, weaknesses and opportunities for improvement. Key areas reviewed were the existing regulatory, legal, administrative and intergovernmental frameworks, minerals standards & reporting, minerals control & ownership, and the development and future minerals landscape. Some of the weaknesses identified in the sector include artisanal mining issues, ineffective taxation, highly centralised revenue distribution & management, lack of statutory clarity on the functions of the Minister vis a vis other institutions, lack of clarity on the precise definition of an independent regulator, environmental & social costs of mining activities, among others.
About the Manufacturing and Mining Policy Commission of the NESG
The Manufacturing & Mining Policy Commission (MMPC) acts as a public-private policy dialogue platform for the manufacturing and mining sectors with a view to fast-tracking manufacturing and mining growth of the economy, drive advocacy that focuses on specific issues with a view to ensuring the formulation, adoption, and implementation of appropriate policies and champion the recommendations made at Nigerian Economic Summit (NES) to spark the intended sectoral growth and development needed in the economy. To achieve this, members of the Policy Commission meet regularly as action-oriented partnerships to deliberate on ways to remove the bottlenecks in the sector.
Project Sponsor
This project was funded by The Ford Foundation
In collaboration with the Nigerian Economic Summit Group
