How Nigeria's Mineral Wealth Is Being Handed to China
How Nigeria's Mineral Wealth Is Being Handed to China Nigeria’s Minister for Mines, Dele Henry Alake, prides himself on his re-election as Chairman of the newly formed Africa Minerals Strategy Group. He congratulates himself on the cover of magazines. As a former journalist Minister Alake is good with scripting media stories. He doesn’t have any background in mining or related industries. During President Tinubu’s two terms as Governor of Lagos State it was Alake who managed the Governor’s media as the Commissioner for Information and Strategy. Since bagging the Ministry for Sold Minerals Development Minister Alake’s primary focus has been on securing large-scale investments and fostering partnerships for local mineral processing. This has led to the development of several lithium processing plants in Nigeria, primarily backed by Chinese investment. Minister Alake’s emphasis on moving beyond raw material extraction to local processing is a good decision that will suppo...