Nigeria’s Mining Sector GDP Contribution Rises to 4.6%, Says Minister
Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has announced a significant leap in the mining sector’s contribution to the nation’s Gross Domestic Product (GDP), revealing that it has grown from less than 0.5 per cent to 4.6 per cent in the second quarter of 2025.
Alake described the achievement as a clear indicator of the sector’s transformation and growing importance in Nigeria’s economic diversification agenda.
He said the progress underscores the government’s sustained reforms and policy initiatives aimed at unlocking the full potential of the country’s vast mineral resources.
Speaking at a pre-event press briefing in Abuja ahead of the 10th edition of the Nigeria Mining Week, scheduled for October 13 to 15, 2025, the minister said the administration’s focus had shifted from domestic reforms to positioning Nigeria as a credible and competitive hub for global mining investment.
“We have moved beyond talking about reforms; we are now implementing results-driven strategies that are attracting both local and international investors,” Alake stated. “Our vision is to make Nigeria a top-tier destination for responsible and profitable mining.”
The minister noted that the Ministry of Solid Minerals Development has prioritized transparency, security of mining sites, and the formalization of artisanal and small-scale miners to ensure sustainable growth across the value chain.
He further revealed that several international mining corporations had expressed interest in Nigeria’s mineral assets, particularly in lithium, gold, and rare earth elements minerals that are increasingly in high demand for clean energy technologies.
Alake emphasized that the forthcoming Nigeria Mining Week would serve as a platform to showcase the country’s progress and opportunities to global investors.
The event is expected to bring together key stakeholders, including policymakers, financiers, mining companies, and development partners.
He added that the government’s goal is not only to increase mining’s share of GDP but also to create jobs, boost exports, and reduce Nigeria’s dependence on oil revenue.
“This growth from 0.5 per cent to 4.6 per cent is only the beginning. We are on a clear path toward building a robust mining industry that will become a major driver of Nigeria’s economic future,” Alake said.
