“With an estimated reserve of 42 billion barrels of bitumen and the second largest deposit in the world, Nigeria has no business importing bitumen. We should be a major net exporter to the rest of the world and we have no choice but to make this a reality”. With those words, the Minister of Solid Minerals Development, Dr. Dele Alake …

Miners and other stakeholders in the solid minerals sector have joined President Bola Ahmed Tinubu and the minister of solid minerals development, Dr Dele Alake, to achieve the administration’s drive to attract $10 trillion investment to the industry. They lauded the president and minister for transforming the sector within eight months in office and pledged to support the government’s multi-trillion …

Federal Ministry of Solid Minerals Development has embarked on an aerial geophysical survey in Bauchi State to determine the location, geological information and data on mineral sites to enhance the diversification of the Nigerian economy. The exercise comes under a Mineral Sector Support for Economic Diversification (MinDiver) Project, a World Bank-assisted project of the ministry, which is about to commence …

Sokoto State Commissioner for Solid Minerals Development, Alhaji Isa Tanbagarka, says the government will collaborate with foreign and local investors to exploit the abundant solid minerals in the state. The partnership will also seek to enable the state to tap into the potential of mineral resources for its socioeconomic development. He stated this yesterday in Sokoto when he received a …

The Ministry of Solid Minerals Development will work with governors to harness mineral resources for maximum socio-economic development of the country. Receiving  Nasarawa State Governor, Engr. Abdullahi Sule, who was on a courtesy visit to his office in Abuja on Thursday, the Minister of Solid Minerals Development, Mr. Dele Alake said that the Ministry is determined and committed to harness …

The Senate, through its committee on Finance, has said that Nigeria could generate about $3 billion from solid minerals. In a statement, the Chairman of the Finance Committee, Senator Sani Musa, on Sunday said the informal sector, particularly the mining industry, is a hidden gem in the nation’s revenue potential. He also stated the Senate Finance Committee will seriously look …