Nigeria is planning to set up a state minerals corporation to support domestic mining of various minerals including gold, coal, iron ore, bitumen, lead, limestone, and barite. The proposed corporation aims to boost the country’s mining industry and promote economic growth. This move is expected to create job opportunities and attract investments in the sector. With the establishment of the Nigerian Solid Minerals Corporation, the government aims to tap into the vast mineral resources of the country and reduce dependence on imports. This initiative is a step towards harnessing the potential of Nigeria’s natural resources and driving sustainable development.
