The office of the former ruler of Abu Dhabi, United Arab Emirates (UAE), Hamdan bin Khalifa, has pledged the sum of US $2bn to Nigeria in a bid to ensure the development and growth of Nigeria’s Mines and Steel sector. The Minister of State, Mines and Steel Development, Mr. Uchechukwu Sampson Ogah made revealed the pledge as he delivered an address at the Dubai World Expo 2021, with the theme, ‘Investment in the Nigerian Gold Sector: Opportunities in the Gold Value Chain’. The event is being held in Abu Dhabi.
According to Ogah, the Executive Director, Royal Office of Sheikh Hamdan bin Khalifa and Global Peace Ambassador, United Nations, Zulfiquar Ghadiyali, that the donation was also meant to further cement the very close trade and bilateral relationship that exist between the two countries. He further added that the Expo, with participants from over 200 countries, provided the opportunity to showcase the potentials of Nigerian minerals sector on Dubai soil with special emphasis on gold and other precious minerals abundant in Nigeria.
Developing Nigeria’s Gold-Sector
The minister, who was honoured with the “Excellence In Public Service Award” by FIN-Africa-UAE Trade and Investment Forum Dubai, expressed gratitude to His Royal Highness, Sheikh Hamdan bin Khalifa, for the pledge to Nigeria for the country’s sustainable development drive.
“I must confess that there cannot be a better platform to showcase the Nigeria Gold sub-sector than on this platform with notable global organizations and investors, minerals beneficiation companies, global financial institutions, commodity trading companies etc all in one event,” he said.