National Economy
Thursday, June 5, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home News

Nigeria Secures UN Facility To Boost Critical Minerals Value Chain

by `
4 months ago
in News
Reading Time: 2 mins read
Facility
Share on FacebookShare on TwitterShare on Telegram

You May Like

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers

1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses

Nigeria has secured a United Nations (UN) study facility aimed at boosting its critical minerals value chain. The facility was officially secured by the minister of solid minerals development, Dr. Dele Alake, on the sidelines of the Investing in African Mining Indaba Conference in Cape Town, South Africa.
According to Alake’s special assistant on media, Segun Tomori, the facility is funded by the Global Council for Critical Minerals, a specialised body under the UN’s Sustainable Energy for All programme. The initiative is set to develop a comprehensive roadmap to enhance Nigeria’s critical minerals value chain, from extraction to beneficiation.
Tomori explained that the study, to be carried out by UC Davis and supported by Core International, will focus on examining Nigeria’s critical mineral resources and reserves. It will also aim to set international best practices for developing the value chain in a way that fosters economic growth, with particular emphasis on local solar power production. One of the expected outcomes of the project is a reduction in the importation of solar power products, saving foreign exchange and stimulating the local industrial sector.
In his remarks, Dr. Alake expressed his gratitude to the UN for supporting the initiative, emphasising that it would help advance Nigeria’s solar power policy. He pointed out that Nigeria possesses ample resources for solar production, and stressed the importance of localising the production of solar power products instead of relying on imports. Alake also noted that Nigeria’s market serves the West African sub-region, providing a ready market for locally produced solar products.
Further, Alake assured the UN that Nigeria’s administration, under President Bola Tinubu, is committed to creating a favourable investment climate. He highlighted the government’s efforts to improve security for investors and protect mining environments, as well as revamping the Community Development Agreement to ensure local communities benefit from mining activities. Alake said these steps will create a win-win scenario for investors, the local population, and the state.

 

 

Tags: Facility
ShareTweetShare
Previous Post

Governor Lawal Faces Criticism Over Alleged Talks with Bandits

Next Post

Changing Face Of Out-of-Home Digital Advertising In Nigeria

ANOTHER GOOD READ

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers
News

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers

2 days ago
1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses
News

1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses

2 days ago
FIRS Engages Oil, Gas Stakeholders On E-invoicing Ahead Of July Launch
News

FIRS Entering New Era Of Excellence, Trust — Adedeji

2 days ago
DBN Launches Green Declaration To Mobilise Green Finance
News

DBN Launches Green Declaration To Mobilise Green Finance

3 days ago
Unlocking Power Of Diaspora Remittances For Economic Growth
Business

Unlocking Power Of Diaspora Remittances For Economic Growth

3 days ago
Experts Debunk Myths, Promote Facts At Immunisation Webinar
News

Experts Debunk Myths, Promote Facts At Immunisation Webinar

3 days ago
Next Post
Changing Face Of Out-of-Home Digital Advertising In Nigeria

Changing Face Of Out-of-Home Digital Advertising In Nigeria

Most Recent

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers

June 3, 2025
1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses

1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses

June 3, 2025
FIRS Engages Oil, Gas Stakeholders On E-invoicing Ahead Of July Launch

FIRS Entering New Era Of Excellence, Trust — Adedeji

June 3, 2025
JUST-IN: Reps Pass Tax Reform Bills

N250bn Public Expenditures Unaccounted — Reps

June 3, 2025
5 Unicorns In 9 Years, Who Does That?

5 Unicorns In 9 Years, Who Does That?

June 2, 2025
Guinness Record: Ali Seeks Gov Eno’s Support For World Title Fight

Guinness Record: Ali Seeks Gov Eno’s Support For World Title Fight

June 2, 2025
2026 World Cup Could Change Football Experience – Neymar

2026 World Cup Could Change Football Experience – Neymar

June 2, 2025
2025 National Sports Federations’ Board Elections: NSC Unveils Timeline Proposed Timelines For 2025 National Sports Federations’ Elections

2025 National Sports Federations’ Board Elections: NSC Unveils Timeline Proposed Timelines For 2025 National Sports Federations’ Elections

June 2, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy