Nigeria’s solid minerals sector attracted over $800 million in processing projects in 2024. It also generated over N38 billion in revenue in 2024, up from just N6 billion the previous year, despite receiving only 18 per cent of its N29 billion budgeted allocation. The Minister of Solid Minerals Development, Dr Dele Alake, revealed this during a feature interview for an …

The Chinese Ambassador to Nigeria has harped on the imperative of enhanced collaboration between the two countries in unlocking the potential of latter’s solid minerals sector through the establishment of electric vehicle factories in Nigeria. While paying a courtesy visit to the Minister of Solid Minerals Development, Dr. Dele Alake in his office at the weekend, the Chinese Ambassador to …

In a significant step towards curbing illegal mining, the Mining Marshals have successfully dismantled a heavily fortified illegal mining site in Rafin Gabas, Kokona Local Government Area of Nasarawa State. According to a statement on Thursday by Mr. Segun Tomori, Special Assistant on Media to the Minister of Solid Minerals Development, the site, which had long evaded law enforcement, was …

A study facility to develop a roadmap on Nigeria’s critical value chain from extraction to beneficiation to be funded by the Global Council for Critical Minerals is one of the low hanging fruits secured by Solid Minerals Development Minister Dr. Dele Alake on the sidelines of the ongoing annual Mining Indaba holding in Cape Town, South Africa. The Global Council …

The Minister of Solid Minerals Development, Dr. Dele Alake has emphasized the significance of Nasarawa State in advancing the nation’s mining sector. Speaking while receiving Nasarawa state Governor, Gov Abdullahi Sule and Minister of Defence, Abubakar Badaru in his office on Friday, Alake affirmed that Nasarawa has been a formidable partner in harnessing the state’s vast Minerals potential for national …

Last Wednesday in Saudi Arabia, Nigeria and France drilled down the Memorandum of Understanding (MoU) signed last month in Paris, with concrete commitments by France to upgrade the laboratory, provide advanced technological equipment, and fund the exploration of geological data of the Nigerian Geological Survey Agency (NGSA). Meeting on the sidelines of the ongoing Future Minerals Forum in Riyadh, capital …

The Minister of Solid Minerals Development, Dr. Dele Alake, has said that the ministry is addressing the fears of states about environmental degradation by ensuring that mining companies comply with stipulated standards. Alake stated this at the closing of the ninth Nigeria Mining Week on Wednesday in Abuja. The minister stated that there were departments responsible for overseeing the operations …

The Minister of Solid Minerals Development, Dr. Dele Alake has stated that the ongoing reforms under the current administration are set to position Nigeria as a global mining hub. Delivering the keynote address at the opening of the 2024 Nigeria Mining Week, themed “From Inside Out: Building the Mining Sector to be the Cornerstone of Nigeria’s Economy”, Dr. Alake emphasized …

The Minister of Solid Minerals Development, Dele Alake, has said gold mined in the country is being exported illegally to the United Arab Emirates (UAE). He stated that the significant volume of this illegal gold trade undermines the potential for a partnership aimed at economic growth. To solve this issue, the minister has made a case for enhanced trade relations …

The Minister of Solid Minerals Development, Dr. Dele Alake has inaugurated a fact-finding team constituted in the heat of the face-off between Osun State Government and Segilola Resources Operating Limited (SROL). Last week, the minister announced the constitution of a fact-finding committee to look into the circumstances that led to the sealing off of the gold mining company on account …