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Tag: Dele Alake

Over 160,000 benefited from Tinubu's transport subsidy - Alake
featured Investment

Nigeria attracts $2.6bn FDI in solid minerals sector — Alake

The Minister of Solid Minerals Development, Dr. Dele Alake, disclosed that the Tinubu-led administration has attracted over $2.6 billion in Foreign Direct Investment into the sector in two years. Alake made this known in a statement signed by his Special Assistant on Media, Segun Tomori. In the statement, the Minister advocated for regional hubs to […]

Policy and Regulations

Tinubu’s reforms drive surge in Nigeria’s mining sector – Alake

The Minister of Solid Minerals Development, Dr. Dele Alake, has stated that reforms introduced by President Bola Tinubu have greatly enhanced Nigeria’s mining sector. These changes have increased productivity and attracted more Foreign Direct Investments. A statement from the Minister’s Special Assistant on Media, Segun Tomori, indicated that Alake pointed out the sector’s fast growth. […]

Business

Tinubu hails Alake’s leadership following AMSG re-election

President Bola Tinubu has congratulated the Minister of Solid Minerals Development, Mr. Dele Alake, on his re-election as Chairman of the Africa Minerals Strategic Group, a continental body of ministers overseeing mining and solid minerals. The AMSG was created to help African nations fully benefit from the continent’s abundant mineral resources and to foster stronger […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

FG denies owning gold refinery in Lagos

The Federal Ministry of Solid Minerals Development has dismissed claims by the Northern Elders Forum that the Federal Government sited a gold refinery in Lagos in violation of the federal character principle. It said the allegations contained in a statement signed by the Northern Elders Forum spokesperson, Prof. Abubakar Jiddere, were not true and misleading. […]

Business

Alake urges deeper Nigeria-Saudi mining ties

The Ministers of Solid Minerals Development, Dele Alake, has called for stronger collaboration with Saudi Arabia to enhance Nigeria’s mining capacity and expand exploration activities. In a statement on Tuesday, the minister’s special assistant on media,Segun Tomori, said Alake made the call during a meeting with Ibrahim Al-Khorayef, Saudi Arabia’s minister of industry and mineral […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
Finance

Solid minerals revenue jumps 337%

The Ministry of Solid Minerals Development recorded a 337 per cent increase in revenue, rising to over N70 billion in 2025 from N16 billion in 2023, under the leadership of the Minister of Solid Minerals Development, Dr Dele Alake. The revenue growth was disclosed by the Special Assistant on Media to the Minister, Segun Tomori, […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

Solid minerals ministry surpasses N50bn 2025 IGR target

The Ministry of Solid Minerals Development has generated over N50 billion in Internally Generated Revenue for 2025, significantly surpassing the N38 billion figure recorded in 2024. The Minister, Mr. Dele Alake, confirmed this notable achievement on Friday while officially unveiling the One-Gov Cloud digitisation project at the Mining Cadastre Office headquarters in Abuja. He explained […]

Business

ICYMI: Alake woos global investors with mining sector reforms

Minister of Solid Minerals Development, Dele Alake, has urged investors to scale up their investments in Nigeria’s solid minerals sector, citing recent reforms that guarantee improved returns. Speaking on the theme “Connect and Collaborate, Co-Build and Co-Share” at the China Mining Conference in Tianjin, Alake highlighted key security measures — including the deployment of Mining […]

Investment

Chinese investment in Nigeria’s lithium processing hits $1.3bn — Alake

The Minister of Solid Minerals Development, Dr. Dele Alake, disclosed this weekend that Chinese investments in Nigeria’s lithium processing alone have reached $1.3 billion. Alake made the statement at the China Mining Conference in Tianjin, while speaking on the theme, ‘Connect and Collaborate, Co-Build and Co-Share’, according to a statement signed by his Special Assistant […]

US to finance mining projects in Nigeria - Dele Alake 
Opinion

Close schools charging foreign currency fees, minister demands

The Minister of Solid Minerals Development, Dr. Dele Alake, has called for the closure of all schools in Nigeria that charge tuition fees in foreign currencies. Alake made this strong recommendation during the Nigeria Gold Day Celebration, held on the sidelines of the 10th edition of Nigeria’s Mining Week in Abuja, which was themed Nigeria […]

Business

Alake reaffirms FG’s commitment to solid minerals sector reforms

The Minister of Solid Minerals Development, Dr. Dele Alake, has reaffirmed the federal government’s commitment to ongoing sector reforms, emphasizing that no threats or attempts at blackmail will derail the transformative agenda already showing positive results. In a statement issued by the Special Assistant on Media to the Minister, Segun Tomori, Dr. Alake spoke at […]

Business

Africa must move beyond raw mineral exports, says minister

The Minister of Solid Minerals Development and Chairman of the African Minerals Strategy Group, Dr. Dele Alake, has urged a bold new vision to reposition Africa from a mere exporter of raw minerals into a global hub for mineral processing, innovation, and green industrialisation. Speaking at the African Mining Week in Cape Town, South Africa, […]

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