The Federal Government has reaffirmed its commitment to transforming Nigeria into a globally competitive mining hub, citing the sector’s vast investment opportunities and strategic importance to national development.
Permanent Secretary of the Ministry of Solid Minerals, Engr. Farouk Yabo, made this known on Thursday at the sidelines of the 2025 Nigeria Mining Week in Abuja.
He noted that the mining industry was no longer a hidden frontier, stressing that the next decade would be crucial in scaling up growth and ensuring sustainability.
“Over the past ten years, Nigeria Mining Week has grown from a modest industry gathering into a flagship platform that convenes government, investors, operators and development partners. As we enter the next decade, our focus is clear—to scale up the industry, ensure sustainability, drive value addition and firmly position Nigeria as a globally relevant mining hub,” Yabo said.
He revealed that over 44 distinct mineral types had been identified across the country, describing the solid minerals sector as one of the most attractive investment destinations in Africa.
Also speaking, the National President of the Miners Association of Nigeria, Mr. Dele Ayanleke, acknowledged the progress recorded in the sector but noted that challenges persist.
“While we celebrate progress, we acknowledge that challenges remain. Infrastructure gaps, access to finance and regulatory bottlenecks continue to affect miners, especially small-scale operators. Skills development and technology adoption are also critical areas that require sustained attention. Yet with every challenge comes an opportunity,” he said.
Ayanleke explained that the 10th Anniversary Edition of Nigeria Mining Week offers an enhanced platform for dialogue, partnerships, and investment, while showcasing innovation, sustainable practices, and business excellence across the value chain.
He added that this year’s event would spotlight deal rooms, technical workshops and strategic forums designed to support artisanal and small-scale miners, encourage investment, and promote compliance with global best practices.
