The federal government has earmarked N1tn for mineral exploration as the government eyes mega revenue. This was disclosed by the Minister of Solid Minerals Development, Dr. Dele Alake. Alake also revealed that N38 bn revenue was attracted in 2024, far above the N6bn declared in previous years. The minister also revealed that $800m Foreign Direct…
Dr Dele Alake, the Minister of Solid Minerals Development, said Nigeria’s solid minerals sector attracted over $800 million in the processing projects in 2025. The minister said this in an interview for an upcoming State House documentary marking President Bola Tinubu’s second anniversary. Alake said the revenue generated was driven by the Tinubu administration’s new…
The federal government has shut down a mining site occupied by illegal miners for months. The Minister of Solid Minerals Development, Dr Dele Alake, disclosed the closure which he said was executed by the Mining Marshals in Damau, Kubau Local Government Area of Kaduna State. According to a statement released by Alake’s Special Assistant on…
Things are looking up in the mining sector in Nigeria. A sector where illegal activities ruled in the past and revenue ignored by the government is beginning to yield revenue to the country. Yet, there are indications that whatever is being realised now may just be the tip of the iceberg. Dr. Dele Alake, minister of Solid Minerals said…
