Business ideas in the Solid Minerals Sector in Nigeria

The mining industry in Nigeria continues to grow and draw more media attention yearly. While accounting for just 0.3% of the country’s GDP, it remains a lucrative one, as the future holds even more prospects. With emerging opportunities in the mining sector and improving regulatory frameworks, now is an ideal time to start a mineral export business in Nigeria. 

Nigeria is richly endowed with a variety of solid minerals of various categories ranging from precious metals to various stones and also industrial minerals such as barytes , gypsum, kaolin and marble. Much of these are yet to be exploited. Statistically, the level of exploitation of these minerals is very low in relation to the extent of deposits found in the country

China was identified as the principal destination of Nigeria’s mineral exports, accounting for 97% and 88% of the export volume and value. Other destinations for Nigeria’s minerals include Malaysia, Korea, Thailand UAE etc in that order. The report explained that Solid minerals export facilitates international trade and stimulates domestic economic activities by creating employment, enhancing production and increasing revenue generation and so should be encouraged.

The trainings are mostly conducted by self employed master-craft-men and women in the Transpotation Sector.

After completing a training program, a certificate of participation would be issued to the attendees, verifying their attendance and involvement in the Practical Training.

After the training you have the option of marketing your product and services through the social media platform

Digital marketing has become an essential part of contemporary business operations in Nigeria. With the proliferation of internet-enabled devices and social media platforms, businesses can now reach a wider audience than ever before. Digital marketing involves creating and sharing content through digital media channels to promote brands, sell products or services, and engage with customers. In Nigeria, digital marketing has evolved significantly in recent years, and businesses are leveraging various digital channels to reach their target audiences.

After the practical training our in house digital marketing expert will assist you and take your new Business to the next level this will presents a significant opportunity for your company to reach a large and growing audience.

Solid minerals sector is one of Nigeria’s most promising growth sectors. Nigeria is abundantly endowed with a diversity of solid minerals of different kinds ranging from precious metals to precious stones and industrial minerals. Nigeria has 44 known types of solid minerals of different mixes and proven quantities, some of which are abundant in certain regions.

This guide will walk you through the key steps and requirements for starting a successful and sustainable mineral export company in Nigeria as a beginner. 

How to be a local & International Gemstone Dealer		International buyers all over the world are always looking to purchase  Gemstone from Nigeria because of its quality, abundance, and price. They come into the country on a regular basis for meetings with commodity trading companies and miners to see how they can establish long-term relationships with them to guarantee a steady supply of the commodity every month for at least one yearGemstone
Solid Minerals minning		Nigeria’s mining sector has significant export opportunities for local mining companies, especially in the areas of mineral processing and value addition. The Nigerian government has implemented policies to encourage local companies to invest in mineral processing and value addition to increase exports of finished products. MiiningBiz
Barite Export		Nigeria’s barite production, however, has yet to fully meet the demands of both local and international markets. There is a significant opportunity for barite exporters in Nigeria to tap into markets across Africa and beyondBariteexport
Kaolin Production		The market for kaolin is large, sustainable and expanding because of the numerous applications of the product. Also there is an outright ban on the importation of kaolin into the country in order to stimulate the growth of the local industry.Kaolinproduction
Diatomote Minning		Huge demand for diatomite from filtration mediums has been the major factor for the growth of diatomite in past few years. The demand for milled diatomite is quite high in Nigeria and the raw material is also available in commercial quantity.Diatomite
Mica Powder Production		The mica powder industry in Nigeria and Africa is a burgeoning sector that has garnered attention due to the increasing demand for natural minerals in various applications, including cosmetics, paints, plastics, and construction materials. Micapowder
Mica Minning		Nigeria stands at the forefront of this burgeoning sector. The mica mining business in Nigeria is not just an economic opportunity; it also presents a chance to enhance local communities’ livelihoods.Micaminning
Gold Mining		The Nigerian gold mining industry ‘the Industry’ has experienced significant growth in recent years, despite facing numerous challenges. Nigeria is estimated to have gold reserves totaling 757,000 oz, which, based on the average market price could be worth up to $1.4 billion.Goldmining
Coal Minning		The Coal mining Business presents significant opportunities for growth and success. With the right mindset, dedication, and a willingness to learn, entrepreneurs can take advantage of these opportunities and establish successful businesses.Coalmining