Nigeria Charts a New Path, emerging as Africa's Premier Mining Powerhouse

Hassan Ssenyonga, Africa One News |Economy, Business, Africa

Friday, August 22, 2025 at 9:00:00 AM UTC

Contribution-of-the-Mining-Sector-to-Nigerias-GDP

Photo by Mining group in Nigeria

Nigeria is stepping into the spotlight, determined to transform its long-underutilized mineral wealth into a booming global mining engine. As the country prepares for the 10th edition of its flagship mining event in Abuja, the stage is set for a sector reborn, vibrant, investor-ready, and piecing together the fabric of sustainable economic growth.

From gold to limestone, lithium to zinc, Nigeria's mineral riches span more than 40 types. Historically overshadowed by oil, the sector is now in full revival, propelled by robust reforms, renewed investor confidence, and a compelling national vision for economic diversification. At its core lies strategic policymaking. Licensing has been streamlined, new laws now favor local value addition, and investors are greeted with incentives like tax breaks and improved access to resources. All this is aimed at attracting both foreign capital and empowering local operators to climb the value chain.

This ambitious push unfolds against the backdrop of the upcoming Nigeria Mining Week, scheduled for October in Abuja. Now marking its tenth year, the event has grown into the continent's premier mining platform, drawing thousands of industry leaders, exhibitors, investors, and government figures. It has become a place where bold deals are forged, policies debated, and the wealth of Nigeria’s geology is put into motion.

Nigeria’s surge is not just about opportunities; it is also about responsibility. The government has taken aggressive steps against illegal mining, deployed mining marshals, and lifted longstanding bans in secure zones such as Zamfara State to pave the way for safe and sustainable exploration. These efforts are designed to safeguard communities, curb revenue loss, and promote transparency. They signal that Nigeria is not merely chasing minerals but building a modern, secure mining industry grounded in good governance.

With partnerships from global majors exploring nickel, cobalt, lithium and beyond, Nigeria looks poised to step onto the global mining stage not only as a supplier but as a value-driving, locally empowered hub. Beyond economics, the transformation speaks to national identity. It is a declaration that Nigeria’s hidden treasures will now be developed with vision, fairness, and pride, ushering in a future where mineral wealth uplifts communities, supports industries, and helps Nigeria reclaim its narrative in the global resources story.

At its heart, Nigeria’s mining rise is also Africa’s rise. Another reminder that the continent’s riches belong to its people, and that the future of Africa shines brightest when her nations rise together.

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