Solid Minerals Corporation: Federal Govt Plans JVs With Multinationals

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The proposed solid minerals corporation will give Nigeria a stake in all mining activities as it will engage in joint ventures with foreign and local investors in a way that will sanitise and reposition the sector for rapid development, the solid minerals minister, Dr. Oladele Alake, has said.

The minister, who made the comment in an interview with a news medium, CNBC, stated that his recent advocacy visit to the mining conference in Perth, Australia, was to market  Nigeria as a lucrative mining destination in Africa and globally.

Alake said that in Perth, he explained the Nigerian…

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