Nigeria is fast becoming Africa's top solid mineral hub, according to the Minister of Solid Minerals Development, Dele Alake.Speaking on recent reforms, he said, "We had to block leakages, and though there were initial pains, they are not permanent.… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Nigeria targets solid mineral leadership in Africa – Alake By Busola Bamidele on April 18, 2025 Nigeria is fast becoming Africa's top solid mineral hub, according to the Minister of Solid Minerals Development, Dele Alake. Speaking on recent reforms, he said, "We had to block leakages, and though there were initial pains, they are not permanent." Alake revealed that Nigeria has signed a Memorandum of Understanding (MoU) with South Africa to promote cooperation in the solid mineral sector. Read also: Nigeria targets solid mineral leadership in Africa – Alake Premier movie of MAKEMATION, an AI movie for the youth SEC, SMEDAN collaborate to boost small business access to capital markets SMEDAN, Kwara governor discuss joint strategy to support MSMEs nationwide Oratib Insurance Consulting marks 15 years of trusted service in insurance advisory He also disclosed the formation of the Africa Solid Minerals Group, with Nigeria leading the charge. "I was elected Chairman," he noted. He emphasized Nigeria's commitment to local value addition, saying, "We won't license any company without a clear plan to add value locally." Nigeria's small-scale mining policy, now gaining continental attention, is also being adopted by other African nations. Alake is optimistic: "In no distant future, we will begin to reap the benefits."

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110