The Nigerian government has reaffirmed its readiness to attract and support major investments in the mining sector, particularly from Japan.

The Minister of Solid Minerals Development, Dele Alake, disclosed this in a post on his X handle after a meeting with the President of the Japan Organisation for Metals and Energy Security, Mr. Michio Daito, in Yokohama.

According to the Minister, “the meeting was aimed at deepening discussions on Japanese participation in Nigeria’s mining industry and strengthening bilateral cooperation in the sector.”

“I highlighted President Tinubu’s reforms, Nigeria’s skilled workforce, improving infrastructure, and incentives such as tax holidays and duty waivers,” Alake stated.

He emphasised that Japan requires critical minerals, and Nigeria is well-positioned to meet that demand, provided the resources are processed locally in line with the country’s value-addition policy.

Alake further confirmed that with the Nigeria Solid Minerals Corporation as a strategic partner, both parties agreed to enhance technical cooperation and establish direct lines of engagement going forward.

“Nigeria is open to serious mining investment,” he added. (VON)