Explore the vital role of artisanal and small-scale mining (ASM) in Nigeria’s economy. This article delves into the socio-economic impacts, challenges, government initiatives for regulation, and the necessity for sustainable practices in ASM. Discover how this sector supports livelihoods in rural communities while addressing environmental concerns and promoting responsible mining in the area.
Unlocking Nigeria’s Mineral Wealth: How Formalizing Artisanal Miners Can Boost the Economy
Nigeria boasts vast mineral resources, but artisanal mining remains largely informal. Formalizing this sector can generate significant economic benefits, including increased revenue, job creation, and reduced environmental impact.