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    Kapital FM 92.9 The Station that Rocks!

National

MSMD Woos Investors With Discovery Of Lithium

todayMarch 3, 2024

Background

Comprehensive data shows availability of energy mineral Lithium in Nigeria.

Dr. Alake made this known
During a meeting with businessmen in Doha, Qatar.

The Minister explained that mineral exploration initiated by the Federal Government identified locations where lithium deposits were found in commercial quantities with high grades.

He emphasized that the global recognition of the quality of Nigerian lithium, during a visit to Australia, confirmed high-grade lithium content through laboratory analysis.

Dr. Alake while encouraging Qatari businessmen to explore opportunities in Nigeria’s mining sector, emphasized that there are investor-friendly policies implemented by the Nigerian government.

On her part, the Executive Secretary of the Solid Minerals Development Fund, SMDF, Mrs. Fatimah Shinkafi, urged investors to consider mining infrastructure as a valuable opportunity for investment.

The Vice-Chairman of the Qatar-Nigeria Chamber of Business, Muhammed Santuraki, in a presentation gave an update on the chamber’s activities and highlighted the existence of good roads for mineral haulage.

The meeting was aimed at fostering business relations and showcasing investment opportunities in Nigeria’s mining sector.

By Georgina Humphrey, Edited By Geace Namiji

Written by: Editorial Team

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