{"id":345421,"date":"2024-11-14T06:36:16","date_gmt":"2024-11-14T05:36:16","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=345421"},"modified":"2024-11-14T06:36:16","modified_gmt":"2024-11-14T05:36:16","slug":"tinubus-mining-sector-reforms-attract-global-investment-interest","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2024\/11\/14\/tinubus-mining-sector-reforms-attract-global-investment-interest\/","title":{"rendered":"Tinubu\u2019s Mining Sector Reforms Attract Global Investment Interest"},"content":{"rendered":"<ul class=\"marker:text-textOff list-disc pl-8\">\n<li><strong>Nigeria seeks $10 billion investment through Public-Private Partnerships to achieve 24-hour power supply, emphasizing collaboration with the private sector<\/strong><\/li>\n<li><strong>Minister Adebayo Adelabu highlights the necessity of engaging private investors to address the country&#8217;s pressing energy needs and funding gaps<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p>Nigeria\u2019s efforts to reform the mining sector under President Bola Ahmed Tinubu&#8217;s administration are drawing global interest. Licenced miners, foreign diplomats, and investors are showing growing enthusiasm.<\/p>\n<p>They attribute this to strategic reforms to revitalise the sector, which is pivotal for diversifying Nigeria\u2019s economy.<\/p>\n<p>According to Ibrahim Tawfik, a diplomat, major global mining investors are mobilizing funds from international financial institutions and planning events to highlight N<a href=\"https:\/\/www.withinnigeria.com\/news\/2023\/11\/02\/reps-move-to-investigate-illegal-mining-in-solid-mineral-sector\/\">igeria&#8217;s mining potential<\/a>, estimated to be worth over $700 billion.<\/p>\n<p>In Jos, Plateau State, licensed miner Joshua Michael noted that these reforms have boosted foreign investor confidence and created thousands of jobs across states.<\/p>\n<p>Minister of Solid Minerals Development Dr. Dele Alake is leading this initiative to diversify the economy, and his efforts have garnered international attention. A recent four-day roadshow in South Africa aimed to attract $500 million in initial foreign investments for Nigeria\u2019s solid minerals sector.<\/p>\n<p>Held at Sandton Convention Centre and organized by the Nigerian High Commission in partnership with Rosebank Capital, the event\u2014titled \u201cUnlocking the Potential of Solid Minerals for Sustainable Development in Nigeria and South Africa\u201d\u2014showcased Nigeria&#8217;s extensive resources like gold, tantalite, limestone, and lithium.<\/p>\n<p>The reforms are expected to generate over 3 million jobs and could add $25 billion to Nigeria&#8217;s GDP in the next decade.<\/p>\n<p>The Federal Government\u2019s commitment to diversifying the economy from oil to solid minerals underscores the importance of these reforms in securing Nigeria&#8217;s economic future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria seeks $10 billion investment through Public-Private Partnerships to achieve 24-hour power supply, emphasizing collaboration with the private sector Minister Adebayo Adelabu highlights the necessity of engaging private investors to address the country&#8217;s pressing energy needs and funding gaps Nigeria\u2019s efforts to reform the mining sector under President Bola Ahmed Tinubu&#8217;s administration are drawing global [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":324722,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2],"tags":[45135,82421,371,13956,82420,65072],"class_list":["post-345421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-dele-alake","tag-dr-dele-alake","tag-fg","tag-mining-sector","tag-minister-of-solid-minerals-development","tag-president-bola-tinubu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO 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