"Nigeria has no reason to be poor"— President Tinubu affirms.
President Bola Ahmed Tinubu has said Nigeria should not remain poor, stressing that the nation’s wealth in solid minerals and human talent must be fully harnessed to drive prosperity.
Speaking at the 2025 Nigeria Mining Week in Abuja through the Secretary to the Government of the Federation, Senator George Akume, Tinubu said, “Nigeria has no reason to be poor, given our abundant resources and talented people. Let us turn our minerals into miracles of development ‘Minerals to Miracles’ must be our rallying cry.”
He assured that his administration is committed to creating a safe and investor-friendly mining environment, describing the event as a platform for ideas that can guide Nigeria’s path to economic renewal.
The President noted that Africa holds about 30% of the world’s mineral reserves, urging nations to ensure that more value is retained within their economies through responsible exploitation.
NEITI’s Executive Secretary, Dr. Orji Ogbonnaya Orji, said Nigeria’s mining sector is undergoing key reforms, but its GDP contribution remains below 1%. He noted that revenues rose from ₦339.57 billion in 2022 to ₦401.87 billion in 2023, while artisanal miners accounted for over 80% of output but less than 30% of royalties.
Minister of Solid Minerals Development, Dr. Oladele Alake, reaffirmed that the Tinubu administration is repositioning the mining sector as a central pillar of economic diversification and growth.
President Bola Ahmed Tinubu has said Nigeria should not remain poor, stressing that the nation’s wealth in solid minerals and human talent must be fully harnessed to drive prosperity.
Speaking at the 2025 Nigeria Mining Week in Abuja through the Secretary to the Government of the Federation, Senator George Akume, Tinubu said, “Nigeria has no reason to be poor, given our abundant resources and talented people. Let us turn our minerals into miracles of development ‘Minerals to Miracles’ must be our rallying cry.”
He assured that his administration is committed to creating a safe and investor-friendly mining environment, describing the event as a platform for ideas that can guide Nigeria’s path to economic renewal.
The President noted that Africa holds about 30% of the world’s mineral reserves, urging nations to ensure that more value is retained within their economies through responsible exploitation.
NEITI’s Executive Secretary, Dr. Orji Ogbonnaya Orji, said Nigeria’s mining sector is undergoing key reforms, but its GDP contribution remains below 1%. He noted that revenues rose from ₦339.57 billion in 2022 to ₦401.87 billion in 2023, while artisanal miners accounted for over 80% of output but less than 30% of royalties.
Minister of Solid Minerals Development, Dr. Oladele Alake, reaffirmed that the Tinubu administration is repositioning the mining sector as a central pillar of economic diversification and growth.
"Nigeria has no reason to be poor"— President Tinubu affirms.
President Bola Ahmed Tinubu has said Nigeria should not remain poor, stressing that the nation’s wealth in solid minerals and human talent must be fully harnessed to drive prosperity.
Speaking at the 2025 Nigeria Mining Week in Abuja through the Secretary to the Government of the Federation, Senator George Akume, Tinubu said, “Nigeria has no reason to be poor, given our abundant resources and talented people. Let us turn our minerals into miracles of development ‘Minerals to Miracles’ must be our rallying cry.”
He assured that his administration is committed to creating a safe and investor-friendly mining environment, describing the event as a platform for ideas that can guide Nigeria’s path to economic renewal.
The President noted that Africa holds about 30% of the world’s mineral reserves, urging nations to ensure that more value is retained within their economies through responsible exploitation.
NEITI’s Executive Secretary, Dr. Orji Ogbonnaya Orji, said Nigeria’s mining sector is undergoing key reforms, but its GDP contribution remains below 1%. He noted that revenues rose from ₦339.57 billion in 2022 to ₦401.87 billion in 2023, while artisanal miners accounted for over 80% of output but less than 30% of royalties.
Minister of Solid Minerals Development, Dr. Oladele Alake, reaffirmed that the Tinubu administration is repositioning the mining sector as a central pillar of economic diversification and growth.
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