The Minister of Solid Minerals Development, Dr Dele Alake, has urged global investors to utilise Nigeria’s geo-data digital platforms to access comprehensive information on the country’s mineral resources. Speaking to the Chief Executive Officers of leading mining firms at the Mines & Money Conference in Islington, United Kingdom, Dr Alake outlined how digital technology is driving transparency and accessibility in Nigeria’s mining sector.
He highlighted three key digital platforms: the Nigerian Mineral Decision Support System (NMRDSS), the Electronic Mining Cadastral (EMC+), and the National Geo-Data Centre, as essential tools for investors.
Alake described the NMRDSS as a web-based application offering detailed geological and economic data. This resource, updated regularly, provides insights into mineral occurrences, hydrology, geography, and infrastructure, enabling informed investment decisions.
The EMC+, he noted, facilitates the efficient and transparent management of mineral titles online, allowing investors to plan and process applications remotely, provided they have the necessary data inputs.
Dr Alake emphasised President Bola Tinubu’s administration’s commitment to acquiring more geological data and supporting private and public research to enhance the platforms. He praised African geoscientists for their efforts in developing a new coding system to certify research reports and assured investors of Nigeria’s strategic role in the global supply of critical minerals like lithium and rare earths.
He urged international mining firms to partner with Nigeria to unlock its vast mineral wealth, emphasising the importance of downstream beneficiation and value addition. According to him, recent exploration has positioned Nigeria as a significant player in supplying critical minerals crucial for the global transition to a green economy and combating climate change.
Alake concluded by inviting investors to collaborate with the Tinubu administration in diversifying the economy through solid minerals, describing the sector’s future as “brimming with promise.” Senior executives from companies such as Barrick, Traxys, and Anglo American were present at the event. Earlier, Dr Alake engaged potential investors at the Ministry’s exhibition booth.The Minister of Solid Minerals Development, Dr Dele Alake, has urged global investors to utilise Nigeria’s geo-data digital platforms to access comprehensive information on the country’s mineral resources. Speaking to Chief Executive Officers of leading mining firms at the Mines & Money Conference in Islington, United Kingdom, Dr Alake outlined how digital technology is driving transparency and accessibility in Nigeria’s mining sector.
He highlighted three key digital platforms: the Nigerian Mineral Decision Support System (NMRDSS), the Electronic Mining Cadastral (EMC+), and the National Geo-Data Centre, as essential tools for investors.
Alake described the NMRDSS as a web-based application offering detailed geological and economic data. This resource, updated regularly, provides insights into mineral occurrences, hydrology, geography, and infrastructure, enabling informed investment decisions.
The EMC+, he noted, facilitates the efficient and transparent management of mineral titles online, allowing investors to plan and process applications remotely, provided they have the necessary data inputs.
Dr Alake emphasised President Bola Tinubu’s administration’s commitment to acquiring more geological data and supporting private and public research to enhance the platforms. He praised African geoscientists for their efforts in developing a new coding system to certify research reports and assured investors of Nigeria’s strategic role in the global supply of critical minerals like lithium and rare earths.
He urged international mining firms to partner with Nigeria to unlock its vast mineral wealth, emphasising the importance of downstream beneficiation and value addition. According to him, recent exploration has positioned Nigeria as a significant player in supplying critical minerals crucial for the global transition to a green economy and combating climate change.
Alake concluded by inviting investors to collaborate with the Tinubu administration in diversifying the economy through solid minerals, describing the sector’s future as “brimming with promise.” Senior executives from companies such as Barrick, Traxys, and Anglo American were present at the event. Earlier, Dr Alake engaged potential investors at the Ministry’s exhibition booth.