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Nigeria’s renewed courtship of American investors in the mining sector deserves more than applause. It deserves scrutiny.
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On September 24, 2026, Minister of Solid Minerals Development Dele Alake announced on X that Nigeria and the United States had signed a framework agreement on mining investment. He said it was signed in New York with US Deputy Secretary of State Christopher Landau and covers geological data and exploration, mineral development and processing, infrastructure and technical capacity. Minister Alake valued Nigeria’s mineral resources at about $700 billion. As reported, the announcement named no project and stated no investment figure.
Originally published by
tgnews.com.ng
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