States miss jobs, revenue from $700bn mineral wealth

punchng.com · world
✨ AI Summary

Nigerian states are sitting on solid mineral deposits worth more than $700bn, yet they see almost none of that money. The sector employs few workers and its contribution to national GDP stays small. That gap leaves the states without the jobs and income their underground wealth could generate. Turning the deposits into real earnings would take investment and coordination that have not arrived so far.

Nigerian states are missing out on jobs and revenue from over $700bn in solid mineral deposits, with the sector contributing little to the nation’s GDP. Read More: https://punchng.com/states-miss-jobs-revenue-from-700bn-mineral-wealth/

Read full article →