Nigeria's Solid Minerals Sector Declared Investable and Profitable by Segilola Resources at NSACC Event

Segilola Resources Operating Limited (SROL) declared Nigeria's solid minerals sector as investable and profitable during a recent NSACC event. Country Manager Austin Menegbo highlighted the journey of Nigeria's first commercial gold mine, Segilola, over sixteen years.

Menegbo emphasized the sector's potential, the challenges faced, and the importance of trust from regulators and host communities. The project's success was attributed to a combination of geology, capital investment, and perseverance.

The sector's promise was underscored by the collaboration of international financiers, technical partners, and local stakeholders. Menegbo expressed confidence in Nigeria's future and the expansion of exploration activities in greenfield prospects.