Investment Opportunities in Solid Minerals in Nigeria

Due to the advancement of science and technology, the world’s industrialized countries spend billions of dollars a year importing solid minerals for manufacturing purposes. Solid minerals are widely used as important raw materials in the manufacture of components for products such as mobile phones, computer systems, aircraft, nuclear power generation, and the manufacture of other scientific equipment. You will be interested to know that Nigeria has a plethora of opportunities for entrepreneurs to gain real wealth in mining and exporting the resources. In addition to being one of the largest exporters of crude oil, Nigeria is home to no fewer than 30 types of solid minerals, some of which can be found in commercial quantities at more than 400 locations throughout the 36 states of the federal republic of Nigeria.

Below are some major deposits in Nigeria.

Iron ore, lead, manganese, llmenit, rutile, zinc, lithium, copper, silver, tantalite, columbite, chromite, uranium, gold, barytes, gypsum, kaolin, talc, diatomite, bentolonite, limestone, dolomite, bismuth, molybdensite, granite, magnesite, feldspar Marble, Mica, Phosphate Florite, Kyanite, Quartzite Silica Sand, Rock Salt, Amethyst Beryl, Sapphire, Emerald Tourmaline, Topaz, Ruby Garnet, Coal, Wolframite Bitumen

The above list has clearly shown that Nigeria has one of the highest concentrations of different types of solid minerals in Africa. Most of the mineral deposits in Nigeria have remained largely under-exploited, due to the over-reliance on crude oil for revenue generation by previous Nigerian governments.

But, the current democratic government in Nigeria has instituted a new economic framework that will open up the non-oil sector to help create alternative sources of income generation for the country. Therefore, the government has put in place favorable policies to encourage genuine investors (both local and foreign) to come and mine these abundant mineral resources in Nigeria for export.

I think the government must have thought wisely to encourage real investors to get into the extractive mineral industry, instead of allowing a few illegal miners to feed on these resources without paying taxes to the government.

The Nigerian government, through the Federal Ministry of Solid Minerals Development, has launched a serious campaign to encourage interested local and foreign investors to come and invest in the solid minerals sector. So if you are interested, take advantage of this business opportunity offered by the Nigerian solid minerals industry to earn real money for yourself. Indeed, huge profits can be made, but before you can get into this solid minerals business, you need to obtain an operating license from the Abuja/Nigeria Federal Ministry of Solid Minerals Development. You can also contact other local mining companies and brokers in Nigeria for guidance. With this, you are sure to get a shipment of solid minerals that are well packaged to meet international standards at a reasonable price.

I believe the information gained from this article if you follow up you will definitely be on your way to generating enough wealth through these mineral resources in Nigeria.

Act fast and don’t let this opportunity pass you by.

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