Nigeria TV Info 

$92bn Lithium Rush Leaves Nigerian Investors Behind

Nigeria’s vast lithium deposits, estimated at over $92 billion in global market value, are drawing international attention—but local investors are being left out. Foreign mining firms, mainly from China and Australia, dominate exploration and extraction in states like Nasarawa, Kogi, and Ekiti. Despite government pledges to boost local participation, Nigerian investors cite lack of funding, regulatory hurdles, and limited access to mining licenses. Experts warn that if reforms aren’t enforced, Nigeria could miss another opportunity for industrial growth. The Ministry of Solid Minerals has vowed to review existing agreements to ensure community benefits and national value retention.