Nigeria is set to unlock the full potential of its solid minerals sector as international investors from Vietnam and Canada explore multi-billion-dollar partnerships in mining, green energy, and infrastructure development.
The visit, which runs from May 26 to 29, 2025, marks a strategic milestone in the federal government's push to reposition Nigeria as a continental hub for mineral-based industrialisation.
At the heart of this effort is the country's renewed commitment to value addition, local beneficiation, and economic diversification through responsible mining.
The Minister of Solid Minerals Development, Dr Dele Alake, disclosed during a high-level meeting with the delegation that discussions focused on investment opportunities across the solid minerals value chain and supporting infrastructure.
"This visit signals the growing global interest in Nigeria's mineral wealth and reflects our commitment to President Bola Ahmed Tinubu's 'Nigeria First' agenda. Africa must begin to harness its own resources for the prosperity of its people," Dr Alake stated.
The delegation, led by Mr Le Hoai Nam—Chairman and President of Allen Le & Partners Joint Stock Company, based in Hanoi, Vietnam—expressed strong interest in deploying advanced technologies to support Nigeria's transition to a modern mining economy.
"We are here to invest billions of dollars across sectors including mining, green energy, and infrastructure. Our technologies—from nano-agriculture to clean mining—will help rewrite Nigeria's economic story," Mr Nam said.
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He further revealed ambitions to support Nigeria's broader development goals by investing in electric transport systems, housing, and affordable air travel.
"We want to mobilise capital to build skyscrapers, launch electric car systems, support the mining value chain, and make travel more accessible. It's a new dawn for Nigeria," he added.
The investment mission is being facilitated by Silicon Valley Nigeria Energy Development (SV-NED) Nigeria Ltd. Inc USA, led by Amb. Amina Temitope Ajayi Labinjo, fondly known as "Mama Diaspora."
"This is the result of years of advocacy and belief in Nigeria's future. The private sector is stepping up to play its role in nation-building. It's time Nigeria benefits from its own resources—just as Vietnam rose from poverty to prosperity within a generation," said Mama Diaspora.
CEO of Allen Le & Partners, Mr Bede Kingsley Onyeocha, echoed confidence in Nigeria's improving investment climate and infrastructure.
"Nigeria is full of potential. We're here to help bring that potential to life—from developing mines and transport systems to building affordable housing and clean energy solutions," he said.
The delegation cited recent improvements such as the new airport rail link and proactive government engagement as indicators of a shifting business environment.
Nigeria's solid minerals sector—including gold, lithium, and other critical materials—remains largely underdeveloped despite its immense potential. The federal government has made clear its intention to move beyond raw resource exports and toward local processing and manufacturing.
The visit aligns with Nigeria's broader vision to lead Africa into an era of economic independence powered by indigenous resources, strategic partnerships, and modern technologies.
With the right blend of capital, expertise, and policy support, Nigeria could emerge as a global player in the solid minerals and energy industries, fuelling sustainable growth and job creation across the continent.
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