Dele Alake Woos Lithium Mineral Investors From Doha Meeting

Interested businesses willing to invest in the lithium deposits in Nigeria May have to make their moves at no better a time than now.

This much was declared by Nigerias Minister of Solid Minerals Development Dr. Dele Alake.

He was speaking in Doha the Qatari capital on Saturday at a meeting with businessmen on the sidelines of President Bola Ahmed Tinubu’s visit to the middle eastern country.

According to him,

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

While responding to enquires on 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 has identified locations where lithium occurs in commercial quantities in high grades.

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To buttress the disclosure, Dr Alake 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, saying it showed that the quality of Nigerian lithium has been recognised by the global mining sector.

While Encouraging Qatari businessmen at the meeting to visit Nigeria and witness the immense opportunities in mining, Dr. Alake made it clear that the Nigerian government has put in place generous, investor- friendly policies to facilitate business.

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

Giving 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 while the 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.

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

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

Also in attendance are Sheikh El Jouneid, Chief Executive Officer, ETCC Qatar and Aminu Dahiru, chairman, Asdub Oil & Gas.

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