Nigeria : $800M in mining investments in 2024, driven by government reforms

On May 25, 2025, Nigeria’s Minister of Solid Minerals, Dele Alake, announced that the mining sector attracted $800M in investments in 2024. This milestone reflects the success of key structural reforms led by the government. Sector revenues rose from 6 to 10 billion naira, confirming mining’s growing role in Nigeria’s economic diversification strategy.