Geologists are blaming poor data for the lack of investments in the mining sector in Nigeria. According to the Geological Society of Nigeria (GSN), the country’s mineral resources, especially critical minerals, lack robust data, which is hindering foreign direct investment. The GSN president, Mr Uba Malami, emphasized the importance of using reliable exploration methods and generating accurate geoscience data to attract investment. He also called for the government to promote data sourcing, similar to the approach taken in the oil and gas industry. To address this issue, the GSN is organizing its first-ever Mining Roundtable to discuss the government’s commitment to exploring minerals in the country. The roundtable aims to attract foreign investment and unlock Nigeria’s estimated $700bn to $1tn worth of mineral resources. It will bring together local and international experts, as well as key stakeholders such as the Africa Finance Corporation, PwC, the Nigerian Geological Survey Agency, and the Solid Minerals Development Fund. Mr Malami also highlighted the importance of proven reserves and detailed exploration practices in line with industry standards. He called for the current administration to make a lead commitment to the exploitation of the country’s mineral reserves and emphasized the need for clear information for negotiations with potential investors.