The World Bank has said it is impressed with the Mining Cadastre Office’s strides in digitalisation and transparency.
It noted that it won’t mind exploring areas of partnership that can further strengthen Nigeria’s mining sector.
This was said by Naora Arfua, who led the Bank’s delegation during a working visit to the MCO headquarters on Friday.
During the visit, the high-powered delegation held discussions with the Director General of the MCO, Engr. Obadiah Simon Nkom, and senior management staff to explore collaborative opportunities aimed at driving economic growth through the mining sector in Nigeria.
Central to the discussions were strategies for: Leveraging technology to improve efficiency and transparency in mining operations, promoting sustainable practices to safeguard the environment, and ensuring the sector’s optimal contribution to national development.
Nkom highlighted the MCO’s ongoing reforms designed to reposition the sector as a driver of economic transformation, while emphasising the office’s commitment to accountability and investor confidence.
The World Bank team expressed readiness to support Nigeria’s extractive industry agenda, pledging technical and financial backing for initiatives aligned with global best practices.
The meeting ended with a mutual agreement to deepen engagements and explore partnerships that would enhance the mining sector’s role in national development.