Nigeria Committed To Energy Transition Growth-Alake

Mohammed Shosanya

The Minister of Solid Mineral Development, Dr Dele Alake on Thursday said Nigeria Government is more committed to the growth in energy transition and critical minerals in the country.

Alake,who was represented by Dr AbdulRazaq Garba, Director General, Nigeria Geological Survey Agency (NGSA) disclosed this during the 2023 Nigeria Energy Forum Day 2, held virtually in Lagos.

Nigeria is richly endowed with various mineral types that manifest in multiple occurrences all over the country,he said

“The goal of the present administration is to increase the mining sector’s contribution to National Gross Domestic Product (GDP).

“Nigeria is investor ready. Today, there are local private players and government led programmes that have advanced exploration projects that fit the investment criteria of investors and junior miners.

“There are opportunities in minerals such as lithium, zinc, gold, tin, bitumen, niobium, chromite and other such minerals.

“Some of these minerals are very crucial in the manufacturing of renewable energy elements like the solar panels, batteries, etc. thus positioning Nigeria as a major player in manufacturing and investments in this field.

“We are ready to work with junior miners and investors within a private sector led play.