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FG to collaborate with Korean firm on solid minerals

The Federal Government on Thursday revealed that it is considering forming an alliance with the Democratic People’s Republic of Korea in the exploration of solid … Continue reading FG to collaborate with Korean firm on solid minerals


The Federal Government on Thursday revealed that it is considering forming an alliance with the Democratic People’s Republic of Korea in the exploration of solid minerals.

The Minister of Mines and Steel Development, Musa Sada, said this after receiving a delegation from the republic.

“We have the natural resources and we are asking investors to come in with their funds and skills to be able to help in exploiting these resources,” he said.

Mr Sada said the Ministry of Mines and Steel Development is looking at creating jobs for Nigerians through the use of basic technologies in mining.

“One of the major issues that we have to face is job creation. As basic as the industry is, anybody, even if you didn’t go to school, operate some of the machines. We are targeting job creation through the use of basic technology,” he said.

According to him, North Korea has a lot of technical competence in mining solid minerals especially the manipulation of stones for various purposes and Nigeria has these minerals in excess.

All that is needed is the technical know-how to utilize them for infrastructure and development.