Alake Affirms Mining Week Economically Transformative

Augustina Impex Limited
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Abuja, Nigeria — August 2025

Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has reaffirmed that the upcoming Nigeria Mining Week 2025 will be economically transformative, showcasing the nation’s progress in mineral exploration, beneficiation, and industrial development.

According to the Minister, this year’s Mining Week will not only spotlight Nigeria’s strides in mineral resource management but also position the sector for global relevance, opening doors for foreign direct investment, job creation, and value addition to the economy.

Nigeria Mining Week: A Global Platform

The annual event, scheduled to be held in Abuja this October, is expected to attract investors, mining companies, technology providers, and policymakers from across Africa, Europe, Asia, and the Americas. It will serve as a platform to:

  • Showcase Nigeria’s 44 identified mineral resources, including lithium, gold, zinc, manganese, lead, and rare earths.

  • Highlight the government’s reforms in licensing, transparency, and community participation.

  • Encourage public-private partnerships to accelerate mining infrastructure and downstream industries.

Alake on Economic Transformation

Speaking during a media briefing, Dr. Alake stressed:

“The mining sector is no longer a sleeping giant. Nigeria Mining Week 2025 will demonstrate how far we have come in policy reforms, investment attraction, and building global partnerships. This is not just about minerals—it is about jobs, revenue diversification, and industrialization.”

Driving Growth Beyond Oil

The Minister emphasized that Nigeria’s mining sector is becoming a key pillar in the nation’s economic diversification strategy, reducing dependence on crude oil revenues. With global demand for critical minerals like lithium and rare earths growing, Nigeria is strategically positioning itself as a reliable supplier.

Stakeholders’ Expectations

Industry experts believe this year’s Mining Week could be a turning point for Nigeria if it:

  • Strengthens investor confidence through clear policy frameworks.

  • Enhances artisanal miners’ formalization for better regulation and community benefits.

  • Encourages environmentally responsible mining practices to safeguard ecosystems.

Outlook

As anticipation builds, stakeholders expect Nigeria Mining Week 2025 to unlock new partnerships, capital inflows, and innovation in mineral development. For many, this event is more than a conference—it is a declaration that Nigeria is ready to take its rightful place in the global mining industry.

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