FEC Ratifies N30bn Intervention Fund For Mining Sector

Mining in Nigeria

The Federal Executive Council has ratified President Muhammadu Buhari's approval of a N30 billion intervention fund for the mining sector.

It is a swift follow up to the approval in August of the roadmap for the growth and development of the mining sector.

It means that for the first time the president is accessing the natural resources development fund .

Meanwhile the General Overseer of the Assemblies of God Church Rev. Ogbonnaya has urged Nigerians to look inwards and think of creative ways of overcoming the current economic challenges, without having to depend on the government.

The cleric  expressed concerns on the level of hardship and increasing government policies in Nigeria.

He said more families would suffer hardship if the state of recession was not urgently addressed.

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