Economic Diversification
Chinese firms invest $1.3 billion in Nigeria's lithium sector
Dr. Dele Alake, Nigeria's Minister of Solid Minerals Development, announced that Chinese companies have invested over $1.3 billion in the country's lithium processing sector since September 2023. He described this as a major milestone in Nigeria's economic diversification efforts. Alake made the disclosure at the 2025 China Mining Conference in Tianjin, China.