Nigeria has attracted over $2.6 billion in foreign direct investment (FDI) into its mining sector within the past two years, Minister of Solid Minerals Development, Dele Alake, has revealed. He credited the surge to sweeping reforms, including improved governance, digitisation of licensing processes, and a sustained crackdown on illegal mining activities. Speaking at the Powering …
The Federal Government has assured foreign investors in Nigeria’s solid minerals sector of stronger legal protections for their investments, citing the country’s status as a signatory to the Cape Town Convention on International Interests in Mobile Equipment. The Minister of Solid Minerals Development, Dele Alake, gave the assurance during the signing of an Engineering, Procurement …
The Minister of Solid Minerals Development, Dr Dele Alake, says the establishment of new lithium processing and gold refining plants is positioning Nigeria as a leading minerals hub in Africa. Speaking ahead of the Future Minerals Forum in Riyadh, Alake said the projects mark a shift from exporting raw minerals to value-added processing, which will …
