The Federal Government has announced a significant mineral exploration breakthrough in Kaduna State, identifying substantial deposits of platinum, gold, nickel, copper, lithium, and rare earth elements. This discovery positions Nigeria as a prime destination for strategic mineral resources and sustainable mining investments, according to Dr. Dele Alake, the Minister of Solid Minerals Development.
Speaking at the 5th African Natural Resources and Energy Investment Summit (AFNIS 2026) in Abuja, themed “One Africa, One Resource Vision,” Dr. Alake revealed that recent exploration activities, rigorously verified by the Nigerian Geological Survey Agency, have uncovered a world-class polymetallic mineral province. These findings underscore Nigeria’s growing importance in the global minerals market and present compelling opportunities for investors seeking critical minerals essential for modern technologies and the global energy transition.
“Recent exploration breakthroughs verified by our National Nigerian Geological Survey have unveiled a world-class polymetallic mineral province in Kaduna State, notable for significant deposits of platinum, gold, nickel, copper, lithium and rare earth elements with exceptionally high grades,” Dr. Alake stated. He emphasised that these discoveries are crucial for strengthening Nigeria’s standing in the international minerals trade and for fostering new avenues for investment.
The Minister also highlighted Nigeria’s renewed commitment to the Africa Minerals Strategy Group (AMSG) Charter, viewing its ratification as both an honour and a significant responsibility. This mandate obliges Nigeria to collaborate with fellow African nations to maximise the value derived from the continent’s mineral wealth. This includes a concerted focus on local processing, refining, manufacturing, logistics, technology transfer, and skills development.
Dr. Alake stressed the interconnectedness of mineral development with other key sectors, stating, “It strengthens our resolve to use platforms such as AFNIS to connect Africa’s mineral agenda with energy, infrastructure and finance because minerals cannot drive industrial growth without reliable energy, efficient transport corridors, credible financing and harmonised markets.” He urged stakeholders to translate summit discussions into concrete investments that will generate employment and accelerate economic growth across Africa.
The call to action for investors and financiers was clear: Nigeria is actively seeking serious business partnerships. “To investors and financiers, Nigeria’s message is clear: we are open for serious business. We welcome capital that builds, investors who process locally, employ locally, train locally, transfer technology and operate transparently while creating long-term value,” Dr. Alake declared. He acknowledged that mining and mineral processing are capital-intensive endeavours requiring patient investment and innovative financing models to realise their full potential.
Furthermore, the Minister underscored the critical role of youth engagement in Africa’s mining sector. He urged governments continent-wide to invest in developing the next generation of professionals required to drive the industry forward. “The young people of Africa must be at the heart of this agenda. The resource economy of the future will require geologists, engineers, miners, metallurgists, data analysts, environmental experts, lawyers, financiers, logistics professionals and entrepreneurs. Our duty is to ensure that African youths are trained and positioned to participate meaningfully in this emerging economy,” he concluded.
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