The government of Nigeria is inviting investors to explore the potential in the country’s mining sector at the 8th Nigeria Mining Week.
The country’s Minister for Solid Minerals Development, Dr. Oladele Alake said the event which is slated to take place this month will offer vast opportunities in the mining sector and is seen as a way to promote growth, profitability, and the shared benefits of the Earth’s resources.
Nigeria Mining Week
The 2023 edition of the Nigeria Mining Week will take place from 16th to 18th October with a theme ‘Capitalising on Nigeria’s critical minerals resources for its economic growth’. The key objectives of the event include knowledge sharing, investment promotion, sustainable practices, skills development, and infrastructure development.
Dr. Alake encouraged both local and international investors to take advantage of the opportunities in the mining sector. Nigeria is said to have vast mineral resources beneath its soil that hold the potential for growth and prosperity, not just for the nation but for the wider African continent.
The Minister emphasized the importance of collective action and collaboration between public and private sectors, civil society, and international partners to unlock Nigeria’s mining potential and contribute to the nation’s economic diversification. The country has further made substantial progress in the mining sector, implementing critical reforms, modernizing the regulatory framework, and attracting both local and foreign investments. These efforts have led to significant improvements in the mining activities in Nigeria.