The federal government has begun the export of solid minerals from the Ikorodu Lighter Terminal, Lagos, as part of efforts to ease doing business in Nigeria and encourage more investment in the sector.
Manganese formed the bulk of the first consignment of solid minerals to be exported through the Ikorodu Terminal, in a flag off by the Nigerian Ports Authority (NPA) Managing Director, Hadiza Usman.
Manganese, one of the several minerals Nigeria is blessed with, is a fragile grey-white metal, which is used in the production of glass and steel.
Usman expressed confidence that the development would be an added advantage of increased revenue for Nigeria, as well as create employment opportunities.
She called on stakeholders to key into the window of Public Private Partnership (PPP) to further boost the sectors productivity.
Chief Executive Officer of Connect Rail Services Limited (CRSL), Edeme Kelikume, representing the service provider, commended the NPA’s role in providing the enabling environment for the take-off of the project, noting that it would promote the stimulation of export trade through the nation’s sea ports.
Nigeria, which depends on oil revenue for 95percent of its foreign exchange earnings, is desirous of diversifying it’s economy to boost other sectors, particularly solid minerals and agriculture.
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