FG moves to end raw mineral exports
The Federal Government is ending raw mineral exports, aiming to attract investments in local processing and manufacturing to accelerate industrialisation a Read More: https://punchng.com/fg-moves-to-end-raw-mineral-exports/
The Nigerian government has announced a shift in policy to stop exporting raw minerals and instead focus on developing industries that process, manufacture, and add value to the country's mineral resources. Minister of Solid Minerals Development, Dele Alake, stated that this strategy aims to turn the mining industry into a driver of manufacturing, infrastructure development, and economic diversification.
Alake emphasized that the government's priority is now on building industries that convert Nigeria's mineral wealth into finished products, generating employment and strengthening the country's productive capacity. He stressed that achieving this objective requires long-term investment, advanced technology, and strong partnerships between government and the private sector.
Alake highlighted that reliable electricity, transport infrastructure, financing, and stable regulations are essential for investors to succeed in mining. The Nigeria NOW Global Investors Expo 2026, scheduled for November 19-20, 2026, in Abuja, will provide investors direct access to government institutions and commercially viable projects across strategic sectors.
The event will also allow stakeholders to discuss challenges affecting project development and identify practical solutions to improve the investment climate.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
