NIGERIA AND THE CHALLENGE OF MINING

THISDAYLIVE | 24-09-2026 03:29am |

Nigeria's solid minerals sector has created wealth and jobs but also faces challenges such as illegal mining, insecurity, and environmental degradation. Since 2023, the sector has undergone reforms aimed at modernising the industry, strengthening regulation, attracting investment, and promoting local processing over raw mineral exports. There is growing interest in critical minerals like lithium, along with efforts to formalise artisanal mining and increase government revenue. Revenue generated by the sector remains a subject of reports.

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