Nigeria’s Hidden Treasures: Mineral Wealth Valued at $750 Billion

– Nigeria’s Minister of Solid Minerals Development, Dele Alake, revealed that the country’s untapped mineral products are worth an estimated $750 billion, according to German firm, GeoScan.
– Alake emphasised the government’s efforts to attract investors for solid minerals development, highlighting the importance of accurate data in luring potential investors.
– Nigeria is shifting focus to the solid minerals sector, aiming to benefit communities and increase stability.
– Governor Abdullahi Sule of Nasarawa State plans to inaugurate a lithium processing factory capable of processing 4,000 metric tonnes daily and transporting over a million tonnes of lithium annually.
– The Director General of the National Institute for Policy and Strategic Studies (NIPSS), Ayo Omotayo, stressed the importance of the mining sector in contributing to Nigeria’s goal of a trillion-dollar economy.

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