Sector Generated Over ₦108bn for Federation in Two Years, Grew 33.5% in 2025
By Gabriel Ewepu
ABUJA — The Executive Secretary and Chief Executive Officer of the Solid Minerals Development Fund (SMDF), Hajiya Fatima Shinkafi, says Nigeria’s solid minerals exports reached ₦354 billion in 2025, as the sector recorded significant growth under ongoing reforms.
Shinkafi disclosed this while delivering the keynote address, titled “Building Nigeria’s Solid Minerals Future: The Power of Academia, Government and Industry in Partnership,” at the maiden Annual Lecture Series of the Faculty of Physical and Earth Sciences, University of Lagos.
She said the reforms align with the Federal Government’s target of increasing the solid minerals sector’s contribution to three per cent of Gross Domestic Product (GDP) by 2030, under the Seven-Point Agenda of the Minister of Solid Minerals Development, Dr. Dele Alake.
