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Bank of Solid Minerals: Unlocking Nigeria’s wealth and industrial future

Bank of Solid Minerals: Unlocking Nigeria’s wealth and industrial future

By GhanaSummary NewsroomNigeria

Possible Funding Sources for the Bank A Bank of Solid Minerals can be financed through multiple sources, including: Federal government capital contribution, mineral development funds, private sector investment, international development finance institutions, mining royalties and sector contributions, and sovereign investment partnerships.

A Bank of Solid Minerals can partner with international development institutions, private equity investors and global mining companies to mobilise billions of dollars into Nigeria’s mineral sector.

Attracting Foreign Investment Through Financial Confidence The creation of a specialised mineral bank will also send a strong signal to international investors that Nigeria is serious about developing its mining sector.

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