Nigeria’s Mineral Reserves Valued at $750bn, Says Alake, Pushes For Local Processing To Boost Economy 

Speaking during a Summit organised by the National Institute for Policy and Strategic Studies (NIPSS) and Bruit Costaud on Monday, in Nigeria, Alake said the mining sector has the potential to contribute a large part of the nation’s goal to achieve a trillion-dollar economy as pushed by President Bola Ahmed Tinubu.

Alake, while stating that the president was pushing several reforms to rejuvenate the sector, said there was a need to avoid Nigeria being a mining pit for solid minerals while the processing and conversion to other products are done in other countries.