The Minister of Solid Minerals Development, Dr. Dele Alake has declared that the mining sector would experience a major leap in 2024 towards contributing substantially to the nation’s Gross Domestic Product (GDP). In his new year goodwill message to Nigerians, Alake reiterated that President Bola Tinubu’s vision of diversifying the economy through renewed focus on solid minerals is on course, …

The Federal Government, through the Ministry of Solid Minerals Development, is exploring collaboration with the World Bank to unlock financing and technical support for the development of the mining sector. During a courtesy visit to the Minister, Dr. Dele Alake on Monday, World Bank Country Director for Nigeria, Mr. Shubham Chaudhuri expressed satisfaction with the renewed focus on development of …

The Senate committees on Appropriations and Solid Minerals on Wednesday affirmed the imperative of increasing budgetary allocations to the solid minerals development ministry to enable the mining sector lead the way in diversifying the nation’s economy. Addressing the Senate committee on Solid minerals during a budget defence session, the Minister of Solid Minerals Development, Dr. Dele Alake reeled out his …

On the sidelines of the Mines and Money conference holding in London, United Kingdom, Nigeria’s Minister of Solid Minerals Development, Dr. Oladele Alake, and United States Assistant Secretary for Energy and Natural Resources Geoffrey Pratt agreed to set up a team of officials of both countries to explore financing for credit to mining firms and infrastructures. Pratt said his visit …

Citing the preponderance of natural resources, including solid minerals in Ekiti State, the Minister of Solid Minerals Development, Dr. Dele Alake has stated the state would contribute significantly to the Federal Government’s quest to make solid minerals, a major revenue earner for the nation. Playing host to the state governor, Mr. Biodun Oyebanji in his office, the Minister reiterated the …

The Minister of Solid Minerals Development, Dr. Dele Alake has declared Nigerians in Diaspora investors as essential partners for unlocking the financing and technical capacity required to transform the mining sector. He told a cross-section of Nigerians in Diaspora investors, led to his office on Monday evening by Chairman of the Nigerians In Diaspora Commission (NIDCOM), Hon. Abike Dabiri-Erewa that …

The Federal Government and a German geo-scientific technology company – GeoScan GmbH based in Berlin have signed a pact that will stimulate the exploration of Nigeria’s mineral deposits worth more than $700 billion. Solid Minerals Development Minister Dele Alake, who broke the news, said the agreement is on the exploration and exploitation of mineral deposits in the country. Alake dropped the …

The Federal Government, through the Ministry of Solid Minerals Development, will work with foremost consulting firm, PricewaterhouseCoopers (PwC), to execute the policies under the seven point roadmap to transform the sector. Receiving the PWC partner on mining, Mr. Habeeb Jaiyeola in his office, Minister of Solid Minerals Development, Dr. Dele Alake commended the company for its role in the just-concluded …

The world today is transitioning exponentially into the net-zero emission era, with a focus on renewable and green energy, sustainable digital revolution, aerospace and space exploration, national defence, global peace and advanced manufacturing. Global transitioning and global realities The developed economies of the West and East, including Europe, Russia, China and the rest of Asia, are gradually jettisoning black oil …

The Minister of Solid Minerals Development, Dr. Dele Alake has reaffirmed the resolve of the Bola Tinubu administration to make solid minerals the most valuable resource that would surpass crude oil’s contribution to the nation’s Gross Domestic Product (GDP). In his remarks to close the eighth edition of the Nigerian mining week, the minister restated the commitment of the ministry …