Beyond the $700 billion claim: can Nigeria capture the value in Its minerals?

In late September 2026, Nigeria's Minister of Solid Minerals Development, Dele Alake, and U.S. Deputy Secretary of State Christopher Landau signed a framework agreement. The agreement covers geological data, exploration, mineral processing, infrastructure, and technical capacity. The article examines whether Nigeria can capture the value in its minerals beyond the $700 billion claim. It analyzes the potential and challenges of the mining sector.

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