Di Federal Government on Wednesday make am known say Nigeria solid minerals sector don attract about $3bn investments for inside di last three years, and dem describe dis inflow as one of di biggest achievements for di industry history.

Di government say di investments, wey include lithium, gold and oda strategic minerals, show say investors dey gain more confidence for di reforms wey President Bola Tinubu administration introduce, and e signal say di sector go do well for di coming years.

Dem make dis announcement for one press briefing before di 5th African Natural Resources and Energy Investment Summit wey go hold from June 23 to June 25, 2026, for State House Conference Centre, Abuja.

Di Minister of Solid Minerals Development, Dr Dele Alake, wey di Managing Director/Chief Executive Officer of Nigeria Solid Minerals Company, Martins Imonitie, represent am, talk say di mining industry dey begin to attract long-term capital even though mining projects dey take long time to develop.

According to am, to attract $3bn worth of investments for inside three years na something wey never happen before, especially becos of di complexities and long waiting time wey dey characterise mining projects all over di world.

"Under President Bola Tinubu administration and through di reforms wey di Honourable Minister of Solid Minerals Development dey champion, we don dey able to attract investments of about $3bn into di sector for inside di last three years.

"Dis investments cut across lithium, gold and plenty oda minerals. Dis one never happen for Nigeria history before. To attract real investments of dis size for inside three years na big achievement and e show say people dey believe more for di direction wey di sector dey go.

"Mining no be industry where investors dey make decision overnight. If dem discover mine today, e fit take between 15 and 20 years before e reach full commercial maturity. Investors dey take very long-term view of di industry.

"Dem no dey make investment decisions for inside three or six months. Sometimes e dey take years becos investors must do extensive geological studies, secure financing arrangements, identify off-takers and satisfy plenty technical requirements before dem commit dia money.

"For Nigeria to attract about $3bn investments for inside dis period na something wey suppose make people recognise am. More importantly, e dey send signal about wetin dey ahead for di sector for di coming years," im talk.