Thursday, June 26, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home Across the Nation

ALAKE SECURES UN AGENCY STUDY FACILITY FOR CRITICAL MINERALS

The Global Council for Critical Minerals is a specialised organ of the Sustainable Energy for All, a United Nations Agency setup to implement the Agenda for Sustainable Development.

Newsroom Nigeria by Newsroom Nigeria
February 5, 2025
in Across the Nation
Reading Time: 2 mins read
0
SHARES
Share on FacebookShare on Twitter

A study facility to develop a roadmap on Nigeria’s critical value chain from extraction to beneficiation to be funded by the Global Council for Critical Minerals is one of the low hanging fruits secured by Solid Minerals Development Minister Dr. Dele Alake on the sidelines of the ongoing annual Mining Indaba holding in Cape Town, South Africa.

The Global Council for Critical Minerals is a specialised organ of the Sustainable Energy for All, a United Nations Agency setup to implement the Agenda for Sustainable Development.

Related posts

NEW TAX LAWS, THE WAY FORWARD FOR NIGERIA’S PROSPERITY, SAYS TINUBU

NEW TAX LAWS, THE WAY FORWARD FOR NIGERIA’S PROSPERITY, SAYS TINUBU

June 26, 2025
Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

June 25, 2025
Minister of Solid Minerals Development, Dr. Dele Alake, (right) discussing with the Principal Specialist, UN Sustainable Energy for All, Mr.Divyam Nagpal (middle)and Chief Executive Officer, Core International, Mr.Suleiman Zakari at the meeting in Cape Town, South Africa…on Monday.

The study, to be carried out by UC Davis and supported by Core International, will examine the country’s critical minerals’ resource and reserve and set international best practices for value development to ensure that it contributes to value addition to grow the economy.

One of the expected benefits is the development of an industrial sector for the local production of solar power and foreign exchange savings from the reduction of imports of solar power products.

Exchanging views with the Principal Specialist, Renewable Energy, Sustainable energy for All, Mr. Divyam Nagpal, Dr. Alake thanked the UN agency for the gesture, saying it would enrich the development of Nigeria’s policy on solar power.

His words: “Since we have the materials for the production of solar power, we should vigorously pursue the policy of stopping the importation of solar power products and localise the production in Nigeria. We have a large market. Already, a lot of the products in Nigeria service the West African sub-region. So whatever material we are producing or manufacturing has a ready West African market.”

Alake reviewed steps taken by the administration of President Bola Tinubu in the mining sector since assumption of office assuring the UN agency that the investment climate is positive and friendly.

“We are putting in place a new security architecture that will ensure, not just the safety of the investor but also the protection of the mining environment. We also had to re-draw the Community Development Agreement to ensure that the local populace benefit maximally from these developments, so that at the end of the day, it is a win-win for the investor, the populace and the State.” He said.

Alake noted that if investors have unfettered environment to operate, their profit margin will increase, and they will pay their royalties and discharge their obligations to the government.

Briefing the Minister earlier, Mr. Nagpal said the critical minerals’ roadmap of Nigeria will support the country’s policy formulation process and aid the development of the critical minerals sub-sector. He invited the Minister to this year’s Sustainable Energy for All Programme in Barbados with the theme, Sustainable Energy for Equity, Security and Prosperity.

The event is considered the pivotal gathering for leaders from government, business, finance, and communities to stimulate investment and tackle the inter-connected challenges of energy, climate, and development.

 

Cape Town, South Africa

5th February, 2025

ShareTweetSendShareShare
Previous Post

Fidelity Bank Set to Launch Innovative SME Hub with Creative Studios

Next Post

FEC Approves CTICo to Drive $100 Billion Growth and Create 2 Million Jobs

Related Posts

NEW TAX LAWS, THE WAY FORWARD FOR NIGERIA’S PROSPERITY, SAYS TINUBU
Across the Nation

NEW TAX LAWS, THE WAY FORWARD FOR NIGERIA’S PROSPERITY, SAYS TINUBU

June 26, 2025
Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers
Across the Nation

Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

June 25, 2025
TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK
Across the Nation

TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

June 25, 2025
INEC Receives Applications To Register Obidients People’s Party (OPP), 109 Other Political Parties Registration
Across the Nation

INEC Receives Applications To Register Obidients People’s Party (OPP), 109 Other Political Parties Registration

June 25, 2025
Across the Nation

Woman Going To India for Fibroid Surgery Arrested With 2.20kg Cocaine at  Airport

June 22, 2025
Across the Nation

Attacks on Benue Aimed at Conquest, Nationwide Jihad, Says Yoruba Group

June 21, 2025
Next Post

FEC Approves CTICo to Drive $100 Billion Growth and Create 2 Million Jobs

RECOMMENDED NEWS

ALLOCATION: FG, STATES, LGCs RECEIVE N1,088 TRILLION IN NOVEMBER

2 years ago

S’ COURT VICTORY: OLAWEPO-HASHIM CONGRATULATES TINUBU, CALLS FOR MORE SERIOUSNESS IN ADDRESSING ECONOMIC PAINS

2 years ago

NOMINEES: THERE ARE PLANS TO ATTACK SPEAKER, MEMBERS – LAGOS ASSEMBLY –

2 years ago

ANALYSTS CALL FOR ACTION TO AVERT COLLAPSE OF WHEAT VALUE CHAIN

3 years ago

FOLLOW US

POPULAR NEWS

  • TAU Students Win Big   at National Innovation Challenge

    TAU Students Win Big   at National Innovation Challenge

    0 shares
    Share 0 Tweet 0
  • Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

    0 shares
    Share 0 Tweet 0
  • ADEBAYO HELD ALOFT THE BANNER OF THE UPN, LED BY OBAFEMI AWOLOWO, TINUBU PENS TRIBUTE TO A TRUE STATESMAN

    0 shares
    Share 0 Tweet 0
  • TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

    0 shares
    Share 0 Tweet 0
  • INEC Receives Applications To Register Obidients People’s Party (OPP), 109 Other Political Parties Registration

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

This independent, liberal online news platform aims to inform citizens about important issues. NEWSROOM NIGERIA covers political, business, economic, national, and international news. They are committed to journalism ethics and hold the government accountable.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.