Solid Minerals Archives

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

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, […]

aadelekepdnlimited-com
5th January 2026
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Finance

Solid minerals remit N63.9bn to federation account

Nigeria’s solid minerals sector remitted a total of 63.92 billion naira into the Federation Account between January and November 2025, highlighting the sector’s rising fiscal importance as well as the volatility that continues to characterise its revenue contribution. Official remittance records presented to the Federation Account Allocation Committee in December showed that inflows from the […]

aadelekepdnlimited-com
31st December 2025
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Economy featured

Solid minerals revenue soars as NLNG dividends hit zero

Nigeria’s revenue from solid minerals surged to almost three times its target in 2024, while dividends from natural gas, once a dependable source of government income, dropped to zero, raising concerns about transparency and asset management in Africa’s largest economy, according to findings by BusinessDay. Data from the 2024 Federal Government Budget Performance Analysis released […]

aadelekepdnlimited-com
22nd December 2025
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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 […]

aadelekepdnlimited-com
13th December 2025
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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 […]

aadelekepdnlimited-com
26th October 2025
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Business

Why mining agency, proposed solid minerals company won’t clash – FG

The planned Solid Minerals Corporation would not conflict with the objectives of the Solid Minerals Fund, according to the Executive Secretary and Chief Executive Officer of the Solid Minerals Development Fund, Fatima Shinkafi. According to The Punch, she made this statement to the media on Monday in Abuja, following the release of the NEITI Industry […]

bfatoyepdnlimited-com
5th September 2023
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UK sets £40bn target for education exports by

Cashew industry generates over $400m from export –

Nestlé ‘recovers all plastic’ placed on Nigerian market

Tinubu approves commercial oil exploration at Tongeji Island,

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Tag: Solid Minerals