The Plant and Equipment Faculty of the Nigerian Institution of Estate Surveyors & Valuers (NIESV) is holding an international conference on mineral assets valuation in Minna, Niger State in collaboration with the Federal Ministry of Mines and Steel Development, Bank of Industry and the Federal University of Technology, Minna,
The conference which is slated to take place at the Justice Idris Legbo Kutigi International Conference Center, Minna between Tuesday 6th November to Friday 9th November, 2018 is designed amongst other objectives, to explore new opportunities in the mining and extractive industry in Nigeria.
From the estate valuer’s professional perspective, the 4-day conference is aimed at opening up relatively new operational spheres for the practitioners that would be unveiled and tapped into as well as vastly enriching the knowledge of the estate surveyor through useful engagement with a coterie of major industry players that the real estate professionals can interact with through the training workshop segment.
The valuers and key participants would not only be trained on mineral assets valuation but would also be issued with certificates of competence by the Federal University of Technology, Minna. The conference targets registered estate surveyors & valuers, probationers, students, lecturers as well as professionals in the extractive and mining industry.
According to the Head of NIESV Plant & Equipment Faculty, Esv.Osato Rotimi Osawaye, a fellow of NIESV, the choice of Minna is strategic because of the rich mineral deposits in the area that would allow participants to have real life experience of physically sighting the minerals being discussed. Osawaye explained that the presence of the University was also considered along with its Mineral Assets Department and the experienced lecturers who have much to deliver on the subject matter. However, the facilitators are not only drawn from the academia but also from the private sector and industry practitioners, not only locally but also from abroad.
Instructively, only three countries namely Australia, Canada and South Africa have globally recognized valuation standards in the mining and extractive industry. Earlier in September, some members of the NIESV Faculty had attended a similar summit on mineral asset valuation at the University of Cape Town in South Africa, some experience that would be very useful for the coming conference.
The conference is being hosted by the Niger State governor, Alhaji (Dr.) Abubakar Sani Bello in collaboration with the Vice-chancellor, Federal University of Technology, Minna. Prof. Abdullahi Bala. The conference chief convener is the Minister of State for Mines & Steel Development, Alhaji (Dr.) Abubakar Bawa Bwari ably assisted by NIESV president, Esv. (Sir) Rowland Abonta as co-chief convener. It is being sponsored by the Federal Ministry of Mines & Steel Development, Bank of Industry amongst others.