The Minister of Mines and Steel Development, Olamilekan Adegbite, has said Nigeria has what it called “the mineral of the future” that can power electric cars and phones. The statement said, “The Minister of Mines and Steel Development, Olamilekan Adegbite, while speaking to a hall full of international investors, said that Nigeria has the mineral of the future that can power electric cars and phones.”The minister urged the investors to engage in the Nigerian mining sector, describing it as one of the most investor-friendly in the world. He said some major mining companies started showing interest in the Nigerian mining sector. According to him, Nigeria intends to auction rights to mine some strategic minerals later this year. “As we deepen our efforts to revitalise the mining sector, we are doing so with lessons learnt from a half-century of resource extraction.

Source: Punch January 15, 2022 07:23 UTC