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Alake unveils incentives to attract global mining investors...
10 Dec, 2025 08:11 225 min read
Nigeria is rolling out investor-friendly incentives, including duty waivers and profit repatriation, to attract global mining investment and become a major processing hub. Over $2 billion has already been committed to lithium and rare earth projects, supported by a value-addition policy that mandates local processing. The government is enhancing security, advancing geological mapping, and promoting the Nigeria Solid Minerals Company as a sovereign joint-venture partner to de-risk investments and foster downstream development, signaling Nigeria’s readiness for large-scale, sustainable mineral sector growth.... More