The 2017 edition of the globally acclaimed Mining Journal’s World Risk Report has indicated that Nigeria is gradually crawling back unto the global mining map. The report presents that perception has improved and investment risks reduced for the Nigerian mining sector.
A foremost industry observer commenting on the the very comprehensive analysis ranking Investment Risks of each mining jurisdiction on Legal, Governance, Social, Fiscal and Infrastructure is quoted as saying the report “shows notable improvements in Nigeria’s position on many indicators. This could be a very useful tool for promoting Nigeria’s minerals sector in the global space referencing the Mining Journal’s World Risk Report.
Nigeria is a really better investment risk than Russia, China and India and “perceived” to be a better investment risk than New York! This is objective proof that Nigeria’s minerals sector, as evidenced over a range of indicators, is making significant headway and now rates higher on several indicators than most African countries as well as some Asian countries (including China), India and European countries such as Italy. On the Opportunity Index Nigeria rates better than New York, Saudi Arabia, Germany, Japan, India, Russia, China, United Kingdom, New York and Italy as well as most African countries.”