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Nigeria Mining Sector Eyes Global Relevance

Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, affirmed the country’s commitment to turning its mining sector into a […]

Nigerian govt backs establishment of processing plant with $400m FDI projection — Daily Nigerian

Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, affirmed the country’s commitment to turning its mining sector into a globally recognized investment destination. Speaking at a news briefing in Abuja, Alake highlighted the progress made over the past three years, noting that the federal government has implemented domestic reforms and policy initiatives to improve the sector. He emphasized that the government’s focus is on positioning Nigeria to compete globally by leveraging its vast mineral resources, enhancing the regulatory environment, and committing to sustainable development.

Under President Bola Tinubu’s Renewable Agenda, the ministry has pursued reforms aimed at improving transparency, de‑risking investment, and unlocking value across the mineral value chain. Key achievements include strengthening the Mining Cadastre Office for transparent licensing, establishing a new Solid Minerals Development Roadmap, and deploying the Nigerian Mineral Resources Decision Support System. The government has also introduced new guidelines for community development agreements to ensure that host communities benefit directly from mining activities.

The 10th edition of Nigeria’s Mining Week, themed “Nigeria Mining: From Progress to Global Relevance,” promises to be the most impactful yet. More than 100 exhibitors will showcase cutting‑edge mining technologies and equipment, and over 1,000 delegates and participants from Nigeria and abroad will attend. The event will feature high‑level mining discussions, investment forums, business‑to‑business networking, and an expanded investment pavilion highlighting Nigeria’s critical minerals.

According to Dele Ayankale, President of the Miners Association of Nigeria, Mining Week has remained a catalyst for dialogue, reform, and innovation, bridging the gap between policy and practice. Nigeria has witnessed significant strides in exploration, formalisation of artisanal mining, investment inflows, and the adoption of modern technologies to drive sustainability. Organized by the Miners Association of Nigeria in partnership with PricewaterhouseCoopers and the VUKA Group, the event will take place from 13 to 15 October. It is expected to shape the conversation on Nigeria’s mining sector, focusing on building investor‑ready mining models, promoting local value addition, unlocking finance for small‑scale mining, and strengthening environmental, social, and governance standards.

Ifunanya

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