The Federal Government has announced a significant breakthrough in Nigeria’s solid minerals sector with the discovery of a world-class polymetallic mineral province in Kaduna State.
Minister of Solid Minerals Development, Dele Alake, revealed the find at the African Natural Resources and Energy Investment Summit in Abuja, noting that the deposits include platinum group metals, gold, nickel, copper, lithium, and rare earth elements.
Alake described the discovery, verified by the Nigerian Geological Survey Agency, as one of the most important in recent years, positioning Nigeria as an emerging hub for strategic minerals critical to clean energy and advanced manufacturing.
He emphasized that the Tinubu administration is shifting focus from raw mineral exports to local processing and value addition, citing billions of dollars already committed to lithium factories, gold refineries, and iron-to-steel projects across the country.
Government revenues from mining have also surged, rising from about ₦6bn before the reforms to over ₦70bn by the end of 2025.
Meanwhile, delegates at the summit toured Steron Mining’s Abuja site, where the company reported lithium reserves of 3.3 million metric tonnes and total mineral resources of 94.8 million metric tonnes.
Alake urged investors to embrace partnerships that support local processing, technology transfer, and community development, stressing that Nigeria is “open for serious business” and determined to retain more value within its borders.
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