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Nigeria and Türkiye have signed a memorandum of understanding to deepen bilateral cooperation in the solid minerals sector. Minister of Solid Minerals Development Dele Alake and Turkish Minister of Energy and Natural Resources Alparslan Bayraktar finalised the agreement in Istanbul. The pact updates an inactive framework first established between the two nations in 2021. Both…
Nigeria is finally moving beyond the pit-to-port model of mineral extraction. Dele Alake, the Minister of Solid Minerals Development, says reforms are turning the sector from a chaotic, informal trade into a structured industry. These changes helped generate ₦68.1 billion in revenue during 2025 alone. The government now mandates that mining leases must include plans…
The Federal Government has signed a landmark $1.3 billion agreement with the Africa Finance Corporation (AFC) to build a massive alumina refinery. This project, coordinated through the Solid Minerals Development Fund (SMDF), marks the largest private investment in Nigeria’s mining history. The facility aims to process one million tonnes of bauxite ore annually using the…
The Federal Government has ordered the closure of Mining Licence 11810 in Plateau State. Authorities acted after suspected toxic gas exposure reportedly killed several miners. The affected site lies within Wase Local Government Area. Officials identified the operator as Solid Unit Nigeria Limited. Minister of Solid Minerals Development Dele Alake directed an immediate investigation into…
