A Mine transaction contract has been signed between the management of Joshman Multiconcepts Limited and Liris & Uvic Technologies Ltd with their foreign partner, Lyb Investment Limited.
The tripartite agreement was signed by representatives of the three companies involved.
The contract was achieved after many months of negotiations and meetings.
The agreement marks a new beginning for Nigeria as it seeks to woo foreign direct investments (FDIs) into the country and the mining sector in particular.
According to the management of the companies, “It is indeed a monumental day as it holds a very great potential for Nigeria as a country and would greatly impact the economy immensely. The project would create a lot of job opportunities for the teeming unemployed youths and improve the standard of living of the host communities.”
