Africa Business Radio

Nigeria Developing Strategic Minerals of the Future

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Synopsis

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, hinted that Nigeria has adopted a forward-thinking approach by developing strategic minerals of the future. Adegbite noted that the minerals, which include minor metals such as titanium and cobalt, are vital to futuristic industries such as telecoms and electric vehicle manufacturing. He says the country is endowed with over 44 different mineral types occurring in commercial quantities in over 500 locations across the 36 states and the Federal Capital Territory. These mineral endowments broadly cut across the various mineral spectrums.