Tag: osun state
#MiningIndaba2020: “Nigeria’s gold exportation has potential to surpass oil and gas” – Minister Olamilekan Adegbite
Nigeria’s Minister for Mines and Steel Development, Olamilekan Adegbite, says the country will hopefully export gold officially for the first time in history by the end of the year, as the construction of a mine for its gold project in Osun State is ongoing. He spoke to CNBC Africa’s Chris Bishop on the side-lines of the African Mining Indaba in Cape Town.
During his Independence Day celebration broadcast, Nigeria’s President Muhammadu Buhari stated that his administration inherited a skewed economy, where the oil sector comprised of only 8 per cent of GDP but contributed 70 and 90 per cent of government revenue and foreign exchange earnings respectively. To analyse the President’s speech and assess Nigeria’s performance in the past 59 years – Kyari Bukar, Former Chairman of the Nigerian Economic Summit Group (NESG) and from Osun State, South West Nigeria, Professor and Former Presidential aspirant Remi Sonaiya joins CNBC Africa for more.