Nigeria seeks to attract global investment in mining by promoting new geo-data platforms that provide access to vital mineral resource information. Minister Dele Alake announced plans for enhanced geological research and data transparency at the Mines & Money Conference, emphasizing the importance of collaboration with international mining companies to unlock the country’s mineral wealth.
Nigeria’s Minister of Solid Minerals Development, Dele Alake, has extended an invitation to global investors to engage with the nation’s newly established geo-data digital platforms, aimed at facilitating access to crucial information regarding the country’s abundant mineral resources. Speaking at the Mines & Money Conference in Islington, United Kingdom, the minister underscored the commitment to enhancing geological research to provide more comprehensive data for investors, thus fostering increased transparency and efficiency in the mining sector.
With the world increasingly seeking sustainable and reliable sources of critical minerals amidst the global transition to green technologies, Nigeria recognizes the imperative of tapping into its mineral wealth. Under the leadership of President Bola Tinubu, the administration is strategically focusing on improving access to geological data to attract foreign investment, particularly in the mining sector. The introduction of platforms such as the Nigerian Mineral Decision Support System and the Electronic Mining Cadastral highlights Nigeria’s push toward modernization and transparency in mineral resource management.
In summary, Nigeria is actively pursuing global investment in its mining sector through the development of innovative geo-data platforms. The commitment to transparency, enhanced geological research, and the strategic focus on critical minerals positions the country as a promising partner in the global mining landscape. The invitation extended to international mining corporations indicates Nigeria’s readiness to embrace collaborations that will unlock its vast mineral resources and contribute to economic diversification and sustainable development.
Original Source: punchng.com