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Mining: Nigeria To Attract $20bn Investment From UK, Saudi Arabia, Turkey, China

Investors in the solid minerals sector have indicated interest in coming to Nigeria to invest $20billion in the sector in order to boost the nation’s economy.

Addressing newsmen yesterday in Abuja, the chief executive officer of a mining company, Daroo Nigerian Limited, and also the Nigerian partner and representative, Alhaji Mohammed Abba Liman, made the revelation.

He said they are interested in lithium, lead, gold, and other precious gems‘ production and their entire value chains.

Liman further described the ongoing implementation of the solid minerals sector development roadmap by the present administration as “a long term strategic vision”.

“Partners who have indicated concrete interest are coming from the United Kingdom, Saudi Arabia, Turkey, China and France,” he said.

He further stated that Daroo Nigerian Limited is collaborating with Saudi Arabia’s Ministry of Industry and Solid Minerals Resources through Saudi Gold Refinery Company Ltd in Riyadh.


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