Investment in solid minerals will boost foreign exchange inflow and create jobs, according to the Minister of Steel Development, Prince Shuaibu Audu. He emphasized the need to process industrial raw materials locally to enhance the economy. The government plans to provide a conducive environment for investments in minerals processing plants across the country, which will result in the proliferation of foreign exchange and the creation of employment opportunities. The minister also highlighted the importance of promoting specific minerals such as lithium, gold, and limestone to attract investments. Additionally, the government aims to invest in the exploration of bankable data for mining and ensure a secure environment for mining activities. Collaboration between the federal government, sub-national governments, industry stakeholders, and investors is crucial to building infrastructure, promoting innovation, and implementing supportive policies. The minister expressed his commitment to supporting initiatives that promote local production of transition metals and align with global environmental standards.
