The Minister of Solid Minerals Development, Dele Alake, on Thursday said the economic reforms introduced by President Bola Ahmed Tinubu were beginning to reposition Nigeria’s economy for sustainable growth, with the mining sector now witnessing increased investments and renewed investor confidence.
Speaking at a joint stakeholders’ sensitisation meeting organised by the Nigeria Revenue Service and the Ministry of Solid Minerals Development in Abuja, Alake said Nigeria could no longer afford to rely heavily on oil while neglecting the vast opportunities in the solid minerals sector.
He said fresh investments in lithium processing, gold refining and local value addition were already creating jobs, boosting industrial growth and strengthening the economy.
The minister noted that the Federal Government was also intensifying efforts to combat illegal mining while building a more transparent, responsible and investor-friendly mining sector.
According to him, the Tinubu administration’s reforms are laying the foundation for economic diversification and long-term national growth.
The meeting focused on strengthening collaboration, improving compliance and enhancing revenue generation within Nigeria’s solid minerals sector.
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