24 Oct, 23

Nigeria Looks To Curb Exports Of Raw Minerals

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Nigeria’s government plans to introduce new rules to add value and export income to its mining industry by curbing exports of raw minerals and encouraging mining companies to process the raw materials into higher-value products in Nigeria. The African OPEC member, which has been struggling to raise its crude oil production in recent years, is looking to boost its export revenues from natural resources by exporting higher-value processed products, not just the raw materials. “You can’t take our minerals away without adding value…

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