Explore the latest news, insights, trends, industry updates, resources and investment opportunities in the Nigeria solid minerals sector.
The Federal Government collected N6,957,826,200 mining fees and registered 118 new private mineral buying centres in the first quarter of this year. Giving the details at the second Annual Mining Conference organised by Businessday newspaper in Abuja at the weekend, Minister of Solid Minerals Development, Dr Dele Alake, said the revenues reflected the outcome of […]
Nigeria’s Minister of Solid Minerals Development, Dele Alake has stressed the need for Africa to speak with one voice in developing mineral resources on the continent. The Minister stressed that the Africa Minerals Strategy Group formed in 2024 is driving a uniformity in policy initiative and regulatory framework. In a chat with CNBC Africa on […]
The Nigerian Senate has expressed its determination to eliminate illegal mining activities that have been depriving the federal government of significant revenue and contributing to food and physical insecurity across the country. The Senate also aims to establish a safer and more profitable mining sector. Speaking over the weekend when he led a delegation to […]
The Minister of Solid Minerals Development, Dele Alake, has called for peaceful coexistence among mining firms operating in Nasarawa Local Government Area of Nasarawa State. The call was made on Friday after a meeting between the minister, represented by the Director General of the Nigerian Mining Cadastre Office, Obadiah Nkom, and Governor Abdullahi Sule along […]
Presenting the latest gold bar sourced from artisanal and small gold miners and refined by an agency of the Ministry, the Solid Minerals Development Fund, to meet the London Bullion Market Association Good Delivery Standard recently, Alake said the refined gold would be sold to the Central Bank of Nigeria to bolster foreign reserves. Explaining […]
The Nigerian federal government has said it will revoke the mining licence of a mining company over the deaths of three miners in Niger State’s recent mining site collapse. The Minister of Solid Minerals Development, Dr Dele Alake, disclosed this in a statement through his Special Assistant on Media, Segun Tomori, on Saturday in Abuja. […]
Among the class of President Bola Tinubu’s ministers and appointees, Dele Alake, the minister of Solid Minerals, stands out, holding up a redemptive banner. Dr. Alake is not an engineer. He’s a broad-spectrum journalist and administrator, having crisscrossed the labyrinthine landscape of broadcast, print journalism and public communication. Professionally rounded and fit. But nobody expected […]
The Minister of Solid Minerals Development, Dr Dele Alake, says plans are ongoing by the Federal Government to establish six mineral centres in the six geo-political zones. Alake said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. He said the plan was part of President Bola Tinubu’s administration’s […]
The recent article, “Tinubu’s Minister In Corruption Mess, Budgets N200b for Project Executed by Buhari’s Govt,” attempts to sensationalize with gross misinformation, exposing the writer’s ignorance about Nigeria’s geo-data environment and mineral exploration needs. Consequently, it is imperative to bring some clarity into the narrative as the issues involved are beyond the writers knowledge depth. […]
The Federal Government has introduced a new policy, mandating mining companies use their solid minerals to establish factories in the country rather than carting them away to process abroad. This was disclosed by the Minister of Solid Minerals Development, Dele Alake, during a media briefing for the one-year anniversary of President Bola Tinubu-led administration. Alake […]
Minister of Solid Minerals, Dele Alake, has told state governors to apply for mining licenses before making policy decisions on mining activities within their jurisdictions. Alake disclosed this through his X account on Thursday in a statement after meeting with Nigerian Governors’ Forum Chairman, Kwara State Governor AbdulRasak Abdulrahman. According to him, the sub-national must […]
The Minister of Solids Minerals Development, Dele Alake, has revealed that a preliminary report by a German firm, GeoScan, indicated that Nigeria sits on several minerals worth $750 billion. Speaking during a Summit organised by the National Institute for Policy and Strategic Studies (NIPSS) and Bruit Costaud yesterday, in Nigeria, Alake said the mining sector […]
In a decisive move aimed at enhancing transparency and efficiency in Nigeria’s mining sector, the federal government has revoked 924 dormant licenses covering exploration, mining, small-scale mining, and quarrying. The announcement was made by the Minister of Solid Minerals Development, Dr. Dele Alake, during a press conference on Wednesday. Dr. Alake underscored that the revocation […]
Mining companies placing a premium on local content in their operations have been assured of Federal Government support. Minister of Solid Minerals Development, Dr. Dele Alake, gave the assurance during a site tour of the Segilola Resources Operating Limited (SROL), an indigenous gold mining company in Ilesa, Osun State. In a statement by Segun Tomori, […]
Dele Alake, the Minister of Solid Minerals Development, has informed investors that Nigeria should not import bitumen given its reserves of 42 billion barrels, highlighting the country’s potential to be a net exporter. Alake made this statement following the conclusion of the bidding process of the first round of Bitumen blocks bidding in Abuja. The […]
The federal government has declared that it will soon revoke more mineral titles of firms that flout the laid down regulations. The minister of solid minerals development, Dr. Dele Alake, stated this while answering journalists’ questions during the launch of the Mines Marshals, a special forces outfit to combat illegal miners across Nigeria yesterday at […]
In fulfillment of a major plank of his seven-point agenda to create a new security architecture to secure mining sites, the Minister of Solid Minerals Development, Dr. Dele Alake has unveiled a 2,200-strong Mines Marshal to smoke out illegal miners and all those who flout the nation’s mining laws. Formally receiving the marshals drawn from […]
The Minister of Solid Minerals Development, Dele Alake, has affirmed the resolve of the federal government to foreclose the acquisition of mining licences by prospective investors without requisite plans for local value addition. Speaking while playing host to members of the House Committee on Solid Minerals on an oversight visit to the ministry, Mr Alake […]
The Minister of Solid Minerals Development, Dr. Oladele Alake has urged mineral- rich African countries to use the proven mineral reserves of their countries as equity in joint ventures instead of taking loans that worsen the plight of their people. Speaking at a Ministerial Roundtable on Powering Africa in Washington DC recently, Alake deplored unwholesome […]
Full text of speech by Dr. Dele Alake, Hon. Minister Solid Minerals Development at Women Miners Association Forum As we commemorate International Women’s Day this year, I was honoured to address the vibrant gathering at the forum organized by the Women Miners Association. The theme, ‘Invest in Women: Accelerating Progress,’ couldn’t be more timely and […]
