Yo, check this out! Nigeria is gearing up to launch a new solid minerals corporation, and it’s gonna be a game-changer for the mining sector. The plan is to set up the Nigerian Solid Minerals Corporation, and it’s all about getting that gold, coal, iron ore, bitumen, lead, limestone, and baryte out of the ground. The Solid Minerals Minister, Dele Alake, spilled the beans, saying that they’re looking to team up with big multinational companies to bring in some serious cash for the mining sector. They’re aiming to move away from just oil and make the mineral sector a major player in the economy. Alake even dropped the bomb that the mineral sector is gonna boost the country’s GDP by at least 50%. He’s all about making Nigeria a force to be reckoned with in the mining world. The plan is to set up a corporate body that’s gonna handle all the mining business, and they’re not messing around. They’re gonna focus on gold, coal, limestone, bitumen, lead, iron ore, and baryte. They’re even looking at existing companies like the National Iron-Ore Company and the Bitumen Concessioning Programme to see how they can fit into the new setup. It’s gonna be huge, and Nigeria is ready to make some serious moves in the mining game!
