The federal government is establishing strategic collaboration with the Republic of Korea to use Nigeria minerals for its technological and manufacturing industries.
Minister of Mines and Steel Development Arc. Olamilekan Adegbite who stated this when he received the Korean Ambassador, Kim Young-Chae, added that Nigeria has collaborative prospects that would be mutually beneficial to both countries. “Limitless opportunities abound for both countries to cooperate on.”
Adegbite while disclosing the Ministry’s effort towards ensuring that raw ore are not taken out of the country without proper beneficiation process for value addition, noted that the mining industry could be a hub for the Korean technological market.
He assured of federal government’s committment towards curbing the spate of insecurity ravaging the country and restore peace.
Earlier, Ambassador of the Republic of Korea Kim Young-Chae who said he has been in the country for 100 days, disclosed that there are about 23 Korean companies operating in Nigeria while many others have huge investment interest in the mining sector.
