Vice President Kashim Shettima has inaugurated the corporate headquarters of Kursi Group in Abuja, describing it as a reflection of Nigeria’s evolving economic direction under the current administration.
The facility, established by Ambassador Abdulfatai Yahaya Seriki Gambari, was unveiled at a ceremony attended by government officials, business leaders, and stakeholders in the mining and industrial sectors.
In his remarks, Shettima said reforms introduced by President Bola Ahmed Tinubu in the mining sector are beginning to yield measurable results. He disclosed that the sector has attracted over 2.6 billion dollars in Foreign Direct Investment within the last 30 months.
According to the Vice President, the administration’s strategy focuses on de-risking the mining environment to encourage both local and international investors. He emphasized that policies now prioritize value addition within Nigeria, making it mandatory for license holders to process and refine minerals domestically rather than exporting raw materials.
Shettima noted that the country is shifting away from its traditional role as a supplier of unprocessed resources, positioning itself instead as a hub for mineral refinement and beneficiation.
He added that the broader objective is to drive industrial growth, create jobs, and strengthen Nigeria’s competitiveness in global mineral markets.
The inauguration of the Kursi Group headquarters, he said, aligns with this vision by supporting private sector participation in value-driven economic activities.
