Just In: FG Pledges Support To Qatari Investors Through Providing Information On Mineral Reserves

The Federal Government has pledged support to Qatari investors by providing comprehensive data on Nigeria’s mineral deposits.

This commitment aims to facilitate informed investment decisions and attract foreign investment to stimulate economic growth in the mineral sector.

Minister of Solid Minerals Development, Oladele Alake, assured Qatari businessmen of access to detailed mineral data, particularly on lithium deposits, during President Bola Tinubu’s visit to Qatar.

Alake highlighted the availability of valuable information at the Nigerian Geological Survey Agency to aid the establishment of lithium companies.

Addressing inquiries about Nigerian lithium quality, Alake emphasized significant findings from mineral exploration initiatives, revealing locations with commercial-grade lithium. Recognized globally, Nigerian lithium’s quality was affirmed through laboratory analysis of rock composite samples.

Encouraging Qatari investors to explore Nigeria’s mining opportunities, Alake underscored the government’s investor-friendly policies.

The Executive Secretary of Solid Minerals Development Fund, Mrs. Fatimah Shinkafi, urged investors to consider investing in mining infrastructure to enhance operational efficiency.

Top-level discussions included Qatari businessmen such as Sheikh El Jouneid and Aminu Dahiru, demonstrating Nigeria’s commitment to fostering mutually beneficial partnerships.

Despite initial controversy surrounding Tinubu’s visit, marked by a rejected business forum invitation, the President’s participation in a business and investment forum underscores Nigeria’s diplomatic engagements to promote economic cooperation.

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