Tinubu's Reforms Boost Nigeria's Mining Sector Growth

Dr. Dele Alake, the Minister of Solid Minerals, attributed the rapid growth of Nigeria's solid mineral sector to reforms initiated by President Bola Tinubu.

He noted that these reforms have led to an increase in the sector's contribution to the Gross Domestic Product (GDP) and a rise in foreign direct investment, positioning Nigeria as a prime destination for mining. Speaking at the conclusion of the Prospector Development Association of Canada (PDAC) conference in Toronto, Alake emphasized Nigeria's readiness to partner with credible investors committed to responsible and sustainable mining practices.

He stressed the need for local processing of minerals to ensure maximum benefits for Nigerian citizens and highlighted the importance of stronger cross-border integration within the mining industry. Alake also mentioned ongoing discussions with Canadian business representatives, including Ms.

Paula Caldwell, to explore opportunities for expanding commercial partnerships in Nigeria's solid mineral sector.