Nigeria’s Mining Boom: Alake's Giant Strides Evokes Global Attraction to Nigeria's Mining Sector By Josiah Adedayo It is superfluous working overtime recalling the shock and trepidation that greeted the appointment of Dr. Alake, a media and communication expert and brilliant strategist, as Minister of Solid Mineral Development on August 15, 2023. Naysayers had erroneously opined that Alake would find it difficult to find his feet in the technical field of mining, where geologists and mining engineers hold sway. Indeed, the strategic importance of the mining sector to the country can hardly be over-emphasized. According to official data, Nigeria is said to be endowed with over 40 types of minerals including gold, silica, lead, marble, tin ore, zinc, coal, iron ore, granite, laterite, manganese and limestone. Nigeria sits on mining reserves worth $750billion following a preliminary report on assessment of the mining potentials by a German firm, GeoScan. But the sector remains un...
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