Monday, January 24, 2011

LAPIDARY SERVICES HIGHLY REQUIRED IN NIGERIA.

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LAPIDARY SERVICES HIGHLY REQUIRED IN NIGERIA.

In one of my write up on the investment opportunities in the solid minerals industry in Nigeria , I identified lack of processing facilities as one of the problems in the sector and like you already know where there is a problem/ challenge ,there exist investment opportunities.

In the past with the exception of the quarry industry where heavy duty equipment are used in the processing granite chippings to the desired size, most mining and processing operations in Nigeria is still done with crude implements. However, the situation is graduation changing by the day fuelled mostly by the invasion of Chinese companies into mining sector in Nigeria and these has lead to the establishment of two large scale minerals processing facilities in Zamfara state.

One under public – private sector partnership {PPP} while the other is one a private venture. {For more on PPP and the different models of it , please do visit our business online forum at http://www.nigeriabusinessplace.com/ click on public – private sector partnership {PPP} and you would find more details there}.

Opportunities exist for savvy investors in the cutting and processing of gemstones in Nigeria, which is lapidary, is all about. Lapidary is the art cutting and polishing gemstones and other precious stones in order to bring out the beauty in the products. Gemstone in their raw form, are faced with two basic problem, the lack of standardization and quality assessment issues and at such when the miners/dealers sells in the raw form , it is either being short changed or they are short changing the buyer.

The art of Lapidary not only helps to solve this by assessing the stones based on the 4C’s {colour, clarity, cleavage and } ,they also cut the stone to specific sizes ,such that the buyer and seller not only knows the size of the stone but also the qualities of the stone and would negotiate the price based on this terms.

Lapidary services are highly required in Nigeria to avoid a situation whereby our gemstones would be sold for peanuts. Do you have lapidary skills and would want to invest in Nigeria? The time is now.

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LAPIDARY SERVICES HIGHLY REQUIRED IN NIGERIA.


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