Mkpoikana Udoma
Port Harcourt — In a major push to accelerate Nigeria’s energy transition and solidify its position in the global minerals market, the Minister of Solid Minerals Development, Dr Dele Alake, met with specialists from the World Bank to discuss the country’s critical mineral value chain.
Speaking at the meeting, Alake emphasised the need for inter-ministerial collaboration to fully unlock the potential of Nigeria’s vast solid minerals resources.
The discussion also spotlighted Nigeria’s ambitious plans to enhance the country’s mining sector, with a particular focus on derisking investments and improving mineral transportation infrastructure.
“To meet global energy demands and drive sustainable development, we must work together across ministries to create an enabling environment for the solid minerals sector. Only through collaboration can we realize the full potential of these resources for the benefit of our economy and the world.
“Investing in the mining sector will not only create jobs but also position Nigeria as a major player in the renewable energy transition,” the minister said.
In a separate development, Alake hosted Abubakar Bello, the Managing Director of NEXIM Bank, during which the duo discussed potential collaboration aimed at derisking investments in Nigeria’s mining sector and improving the transportation of minerals through the country’s inland waterways.
