The Federal Government of Nigeria has obtained a credit from the International Development Association (IDA) to fund the Mineral Sector Support for Economic Diversification (MinDiver) Project. The project has the following development objectives:
- To improve the attractiveness of the Nigerian Mining sector, as a driver for economic diversification, for long-term private sector investment in the exploration and production of minerals.
- To create a globally competitive sector capable of contributing to wealth creation, providing jobs and advancing our social and human security.
It is against this background that the MMSD is engaging the services of a Technical Consultant to support the ASM Department of MMSD in improving the ASM sector and harnessing its potential, by the development of a program to formalize artisanal miners into cooperatives and support growth and transformation of small-scale miners into larger mineral and financial enterprises by structuring them and ensuring their direct access to mineral and financial markets. In addition, there is a requirement to design, and implement an ASM remote sensing
monitoring system, using satellite imagery in combination with field work to create a database of ASM activities. This would enable ease of ASM data acquisition, analysis and interpretation.
The primary objective is therefore to enhance economic opportunities of artisanal miners through formalization, reduce smuggling practices, create incentives for their inclusion into the formal economy, review and revitalize the streamlining of the informal mining into the regulatory and legal system as well as facilitating the up-scaling of small-scale mining concerns into larger mineral and financial enterprises.