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Reps propose establishment of Mining Development Bank

The Bill has several important implications and benefits for the country’s mining sector through support of capacity-building initiatives in the sector. The House of Representatives on Tuesday passed into second reading a Bill seeking to establish a bank that will cater for small miners to support the growth and development of the sector. The piece of legislation is titled “A Bill for an Act to Establish the Nigeria Mining Development Bank” (NMDB) sponsored by Rep....

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