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Markets: Minerals data will aid Qatari investors in Nigerian lithium –Minister

Dr. Oladele Alake, Honourable Minister for Solid Minerals Development (4th left), Vice Chairman, Qatari-Nigeria Business Chamber, Muhammed Santuraki, Executive Secretary, Mrs. Fatimah Shinkafi, Sheikh El Jouneid, Chief Executive Officer, ETCC Qatar, Sheikh Shahid Jawad and Aminu Dahiru     Photo: State House

*Dr. Oladele Alake, Minister for Solid Minerals Development, encourages the Qatari businessmen to visit Nigeria, and tap into the immense opportunities in the country’s mining sector

Isola Moses | ConsumerConnect

Comprehensive data on the pattern and quantity of energy mineral Lithium are available at the Nigerian Geological Survey Agency for businesses interested in establishing lithium companies in Nigeria.

Dr. Oladele Alake, Honourable Minister for Solid Minerals Development, said this at the weekend, in Doha, Qatar during a meeting with Qatari businessmen on the sidelines of the visit of President Bola Ahmed Tinubu to the Arabian country.

Mr. Kehinde Bamigbetan, Special Adviser to the Minister for Solid Minerals Development, in a statement, noted on enquires regarding the quality of Nigerian lithium by Qatari business mogul Sheikh Shahid Jawad at the meeting held at the prestigious Sheraton Doha, Dr. Alake said mineral exploration initiated by the Federal Government had identified locations where lithium occurs in commercial quantities in high grades.

The statement noted the Minister, in buttressing this, recalled that on a visit to Australia, he was presented with samples of rock composites from Nigeria with high grade lithium content confirmed by laboratory analysis.

According to the Minister, this has indicated the quality of Nigerian lithium had been recognised by the global mining sector.

Alake also encouraged the Qatari businessmen to visit the West African country and witness the immense opportunities in the mining industry.

The Nigerian government has put in place generous, investor- friendly policies to facilitate business, stated he.

Also speaking at the event, Mrs. Fatimah Shinkafi, Executive Secretary of Solid Minerals Development Fund, urged investors to explore opportunities in mining infrastructure.

While citing the example of Vale, a mining company in Brazil that invested in trains to ease the transportation of minerals from the Mines to the processing towns, Shinkafi said as the Federal Government will continue to provide transportation facilities to the Mines, mining companies that recognise the significance of transportation to their future cost control will invest wisely by supplementing government’s efforts in this regard.

While giving the Minister the update of its activities in the Mining sector, Muhammed Santuraki, Vice-Chairman of the Qatar-Nigerian Chamber of Business, said the Chamber was formed in 2017 to build business relations between both countries.

In recalling a recent visit to a gold mine in Nasarawa State, Santuraki observed the existence of good roads for the haulage of minerals to the ports.

Other businessmen at the top- level meeting weŕe Sheikh El Jouneid, Chief Executive Officer, ETCC Qatar and Aminu Dahiru, chairman, Asdub Oil & Gas.

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