Nigeria’s Minister of Solid Minerals Development, Dele Alake has urged South African investors to take advantage of opportunities in the country’s mining sector.
This appeal was contained in a post on X on Sunday by the minister.
He disclosed that he made the appeal to investors at the inaugural international investment forum and roadshow in South Africa noting that ongoing reforms in the mining sector are creating opportunities and improving the business climate in Nigeria.
“During my keynote address at the inaugural International Investment Forum and Roadshow in South Africa, I urged South African investors and global mining giants to take advantage of the opportunities presented by the ongoing reforms and the improved business climate in Nigeria’s mining sector,” Alake said.
“I emphasized that Nigeria is open for business, highlighting the renewed focus of President Bola Tinubu’s administration on solid minerals development.”
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According to Alake, the aggressive promotion of the mining sector is central to his seven-point agenda, which has redirected global attention to the industry, resulting in increased investments and a significant rise in revenue generation for Nigeria.
He said the vision for the sector is to establish an environment where major global mining companies, such as Glencore, Rio Tinto, Intro-Africa Mining & Exploration, and Rainbow Mines recognise Nigeria’s vast mineral resources and partner with the country.
The minister said the collaborative approach will ensure that the country’s mineral resources are fully utilised for the benefit of Nigerians and drive national economic development.
By: Babajide Okeowo
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