There are seven 7 strategic solid minerals that are being prioritized and promoted for private sector participation and investment by the Federal Government of Nigeria. The selected solid minerals are gold, coal, bitumen, limestone, iron ore, lead/zinc and barytes.



1. GOLD: There are proven reserves of both alluvial and primary deposits of gold in commercial quantities spread across several parts of suprascrustal (schist) belts -in Maru, Anka, Malele, Tsohon Birnin, Gwari-kwaga, Gurmana, Bin Yauri, Okolom-Dogondaji and Iperindo areas – in the northwest and southwest of Nigeria. There are also a number of smaller occurrences beyond these major areas.

2. COAL: Nigerian Coal is one of the most bituminous in the world owing to its low sulfur and ash content, as well as, environmental friendly. There are nearly 3billion tonnes of indicated reserves in 17 identified coalfields and over 600 million tonnes of proven reserves. In short, there is an abundant coal deposit in the country to power the coal-power plants that can contribute up to 30 per cent to the nation’s power generation by year 2020.

To Read the Full Story, click the link below:

http://oilandgasrepublic.com/2016/10/21/top-seven-solid-mineral-resources-nigeria-ready-investment/

I pray our leaders thinks beyond crude oil