FG To Designate Ajaokuta As Industrial Park, Free Trade Zone To Attract Foreign Direct Investment
…As Audu Reveals Plans to Ensure Steel Production Under 3-year Plan The Minister of Steel Development, Prince Shuaibu Abubakar Audu has revealed plans of the Federal Government to make the Ajaokuta environ a Free Trade Zone to attract Foreign Direct…
Solid Minerals Will Boost Nigeria’s Revenue — FIRS Boss
The newly appointed Acting Chairman of the Federal Inland Revenue Service, Mr. Zachaeus Adedeji has said the administration is counting on the growth of the solid minerals sector to boost the economy. Speaking on a courtesy visit to the Minister…
Solid Minerals: A Resurrection Tool For Nigeria’s Economy — Alake Declares
The Minister of Solid Minerals Development, Dr. Oladele Alake has stated that the solid minerals Nigeria is endowed with in abundance will be a resurrection tool to revamp the nation’s economy, just as he affirmed that the present administration isshifting…
FG, South Korea Re-open Talks On Solid Minerals MOU
Talks on revising a Memorandum of Understanding between Nigeria and South Korea on investments in solid minerals sector topped discussions between Nigerian public and private sector officials and the South Korean government recently. The Nigerian team comprised officials of the…
Investors Laud Mining Roadmap, Plan Visits To Nigeria
Nigeria’s mining roadmap was investors’ toast as curtains drew over the 21st Africa Down Under conference in Perth,Australia. Ecstatic investors besieged the exhibition booth of the Ministry of Solid Minerals at the Pan Pacific Hotel venue of the event following…
Alake Secures Free Study For Mining Professionals From Australia
Nigerian professionals in the solid minerals sector will soon travel to Australia for more studies, thanks to a deal brokered by the Minister of Solid Minerals, Mr. Alake in Perth, Australia, on Wednesday. Presenting the request to Hon. Bill Johnston,…
FG Secures $3 Billion Steel Sector Investment for Nigeria
In a historic move that promises to bolster Nigeria’s steel industry, President Bola Ahmed Tinubu has successfully attracted a monumental $3 billion investment pledge from Indian investors during the Nigeria-India economic roundtable in India. This achievement was met with applause…
SMDF Didn’t Sponsors 2015 Elections, African Cup Of Nations — SMDF Executive Secretary
The Executive Secretary (ES) of the Nigerian Solid Minerals Development Fund (SMDF) Hajiya Fatima Shinkafi, has stated that recent reports by a section of the media that the Fund was involved in the sponsorship of the 2015 elections and the…
Alake Says Solid Minerals Will Contribute 50% To Nigeria’s GDP, To Create Solid Minerals Corporation, Mining Police
The Minister of Solid Minerals, Mr. Dele Alake, has said that the ministry will add at least 50% to the Nigerian economy, just as he said that the Ministry is poised to attract Foreign Direct Investment to the country. The…
FG Commits to Insurance Coverage, Unveils Overhauling Strategy for Nigeria’s Steel Sector Revival
The Federal Government through the newly created Ministry of Steel Development has taken significant steps towards rejuvenating the nation’s steel sector by announcing a comprehensive insurance coverage for all ongoing steel projects within the country. The Hon. Minister of Steel…
Nigeria Commissions World Class Kano Gold Souk To Boost Economy, Create Jobs
The Ministry of Mines and Steel Development in furtherance of achieving its mandate in diversifying and growing the economy, providing jobs for the teeming youths and growing the Gross Domestic Product (GDP), has established the International Gold Souk Trading Centre…
