Video: Nigeria set to attract major foreign investment in mining
Abdullateef Fowewe
At the recent London Mining Week, Hajiya Fatima Umaru Shinkafi, Executive Secretary of Nigeria’s Solid Minerals Development Fund (SMDF), spotlighted pivotal global mining trends while signaling a significant foreign direct investment (FDI) opportunity for Nigeria’s mineral exploration projects.
In a video captioned by the Ministry of Solid Minerals Development, it was noted that Shinkafi “underscored the role of SMDF and NSMC in fast-tracking mineral development.”
Her remarks emphasised Nigeria’s strategic efforts to boost the mining sector’s growth by leveraging international partnerships and capital.
This announcement marks a promising development for Nigeria’s mining industry, promising accelerated exploration and development backed by global funding.
