DIVERSIFICATION: Understanding FG’s mineral economy drive

To facilitate the transformation of the mining sector in line with the reform policies of the administration of President Muhammadu Buhari, the Federal Government in 2017 approved the establishment of the World Bank-assisted Mineral Sector Support for Economic Diversification ,MinDiver, Project.

The critical mandate of the project was to strengthen key institutions in the mining sector so that it could contribute to the diversification of the   economy and mitigate the nation’s over-dependence on the oil sector as a source of foreign exchange and revenue.