Nigeria courts global investors with digital mining platforms
Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has urged global investors to take advantage of the country’s digital geo-data platforms to explore its vast mineral resources.
Addressing Chief Executive Officers of leading mining conglomerates at the annual Mines & Money Conference in Islington, United Kingdom, Alake emphasized the Nigerian government’s adoption of digital technology to facilitate business inquiries and ensure transparency in the mining sector.
The Minister highlighted three critical digital platforms— the Nigerian Mineral Decision Support System (NMRDSS), Electronic Mining Cadastral (EMC+), and the National Geo-Data Centre—designed to provide seamless access to geological and mineral information for prospective investors.
Dr. Alake described the NMRDSS as a web-based application offering comprehensive geo-scientific and geo-economic data, enabling users to analyze mineral locations and make informed decisions.
“By providing publicly available data on Nigeria’s geology and mineral wealth, this dynamic resource supports investors in assessing the environment of mineral occurrences,” he explained, adding that it also answers questions on hydrology, geography, urban planning, and transportation.
The EMC+, according to Alake, is an online, real-time system that streamlines the administration of mineral titles throughout their lifecycle. “This platform allows investors to research and plan their applications remotely, ensuring transparency and efficiency,” he said.
Commitment to Geological Data and Value Addition
Reiterating President Bola Tinubu’s commitment to boosting Nigeria’s mining sector, Alake disclosed plans to fund geological research further and leverage findings from both private and public institutions.
He commended African geoscientists for developing a new coding system to certify research data, ensuring the reliability of the information available to investors.
Alake also emphasized Nigeria’s potential as a supplier of critical minerals, including lithium and rare earth minerals, vital for the global transition to a green economy.
“Our deliberate investment in accurate geoscientific data has positioned Nigeria as a key player in the global fight against climate change and the shift toward sustainability,” he said.
The Minister urged global mining firms to partner with Nigeria in diversifying its economy through the solid minerals sector, noting that collaboration would unlock the country’s untapped mineral wealth.
He concluded with a call to action: “The future of Nigeria’s solid minerals is brimming with promise. Our doors are open to partnerships, and we invite you to join us on this transformative journey.”
The conference, held at the Business Design Centre, drew key industry players, including Barrick President and CEO Mark Bristow, Traxys CEO Mark Kristoff, and Anglo American General Counsel Kate Southwell.
In addition to his keynote address, Alake engaged with potential investors at the Ministry’s exhibition booth, answering inquiries and showcasing Nigeria’s commitment to creating a transparent and investor-friendly mining environment.
