FG To Establish Solid Minerals Corporation, Targets 50% Contribution To GDP

Dele Alake, Minister of Solid Minerals, says the Federal Government will soon establish the Nigerian solid minerals corporation.

According to the Minister, the corporation will be similar to the Nigerian National Petroleum Company Limited.

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Addressing a press conference in Abuja on Sunday, Mr. Alake said the government is ready to take the “bull by the horns” to “reap the trillion dollars worth of minerals under the ground” across the country.

He added that his ministry seeks to add 50 percent to the country’s gross domestic product (GDP) from solid minerals.