Nigeria Guarantees Top-Quality Lithium to Qatari Business Leaders
Nigeria’s Minister of Solid Minerals Development, Dr. Oladele Alake, convened an important gathering with Qatari entrepreneurs at the esteemed Sheraton Doha to convey the abundance of top-grade lithium in commercial quantities across Nigeria. This exchange underscores the Nigerian government’s dedication to attracting foreign investors and cultivating international business relationships.
During the event, Dr. Alake fielded inquiries from Sheikh Shahid Jawad, a prominent Qatari business figure, about the quality of Nigerian lithium. The Minister emphasized the availability of comprehensive data on lithium distribution and quantity at the Nigerian Geological Survey Agency, underscoring the government’s commitment to providing transparent and detailed information to potential businesses interested in establishing lithium ventures in the country.
Furthermore, Dr. Alake underscored the global recognition of the quality of Nigerian lithium, drawing attention to laboratory analysis of rock samples during a visit to Australia. He hailed the high-grade lithium content confirmed by the analysis, bolstering the confidence of potential investors in the sector.
In addressing the Qatari entrepreneurs, Dr. Alake encouraged them to visit Nigeria and witness the abundant opportunities in the mining industry. He reassured the audience that the Nigerian government has enacted investor-friendly policies to facilitate business operations, aiming to establish an encouraging environment for international investors.
Additionally, Mrs. Fatimah Shinkafi, the executive secretary of the Solid Minerals Development Fund, emphasized the imperative of investing in mining infrastructure. This call to action aligns with the broader strategy to develop the mining sector and ensure sustainable growth and profitability for investors.
Muhammed Santuraki, the vice chairman of the Qatar-Nigerian Chamber of Business, also voiced support for strengthening business relations between the two countries. He shared insights from his visit to a gold mine in Nasarawa State, highlighting the presence of well-established roads for efficient transportation of minerals to the ports—a promising indication for potential investors.
The presence of significant figures from the Qatari business community, including Sheikh El Jouneid, CEO of ETCC Qatar, and Aminu Dahiru, chairman of Asdub Oil & Gas, at the event underscores the high level of interest in exploring business opportunities in Nigeria’s mining sector.
The assembly of Nigerian and Qatari business leaders stands as evidence of the continued efforts to attract foreign investment and stimulate economic growth in Nigeria. With the assurance of high-grade lithium reserves and the commitment to fostering a conducive business environment, Nigeria aims to position itself as a favourable destination for international investors seeking lucrative opportunities in the mining industry.
