Solid minerals minister, Kayode Fayemi is yet to speak on the new mineral resource
Premium Times is reporting that Nigeria has hit pay dirt with the discovery of a rare mineral resource in the northern part of the country.
According to reports it published on Monday, August 29, the online medium quoted The Australian, an Australian national news daily as saying that a private mining syndicate headed by a mining industry veteran, Hugh Morgan made the discovery at Dangoma in the north-west state of Kaduna.
“The discovery is unusual because the nickel is found in small balls up to 3mm in diameter of a high purity in shallow soils in what could be the surface expression of a much bigger hard-rock nickel field.
“The nickel balls, rumoured to grade better than 90 per cent nickel and thought to be a world first given their widespread distribution, offer the potential for early cashflow from a simple and low-cost screening operation to fund a full assessment of the find that has exploration circles buzzing,” the newspaper was quoted as reporting.

Premium Times also quoted Morgan as saying that he expects the federal government of Nigeria to make an official announcement but reports that Olayinka Oyebode, chief press secretary of minister of solid minerals development, Kayode Fayemi, said he had no details of the discovery.
Oyebode however confirmed that Fayemi is scheduled to be in Australia next week as one of the speakers at a three-day Africa Down Under mining conference at Perth’s Pan Pacific Hotel, Australia.
“I know there is a mining conference coming up in Australia where the Honourable Minister is supposed to make a presentation.
“But I don’t have an advance knowledge of what he’s going to talk about but, generally speaking, he’s going to market Nigeria,” Oyebode was quoted as saying on Monday, August 29.

Funny how u people just grasp unto any gist that passes ur big ears. Hu on earth told u dis nickle is a substitute for oil in naija economy?

Thank God Praise Allah! Lets see how they will have a spirit of sharing when the top 5 states get most of the profit.

OP, that's not possible.
But I would agree here that diversification is yielding results. .

Good days are coming

Nigeria can't let go of oil just because of that.

da3pu0:
Solid minerals minister, Kayode Fayemi is yet to speak on the new mineral resource
Premium Times is reporting that Nigeria has hit pay dirt with the discovery of a rare mineral resource in the northern part of the country.
According to reports it published on Monday, August 29, the online medium quoted The Australian, an Australian national news daily as saying that a private mining syndicate headed by a mining industry veteran, Hugh Morgan made the discovery at Dangoma in the north-west state of Kaduna.
“The discovery is unusual because the nickel is found in small balls up to 3mm in diameter of a high purity in shallow soils in what could be the surface expression of a much bigger hard-rock nickel field.
“The nickel balls, rumoured to grade better than 90 per cent nickel and thought to be a world first given their widespread distribution, offer the potential for early cashflow from a simple and low-cost screening operation to fund a full assessment of the find that has exploration circles buzzing,” the newspaper was quoted as reporting.

Premium Times also quoted Morgan as saying that he expects the federal government of Nigeria to make an official announcement but reports that Olayinka Oyebode, chief press secretary of minister of solid minerals development, Kayode Fayemi, said he had no details of the discovery.
Oyebode however confirmed that Fayemi is scheduled to be in Australia next week as one of the speakers at a three-day Africa Down Under mining conference at Perth’s Pan Pacific Hotel, Australia.
“I know there is a mining conference coming up in Australia where the Honourable Minister is supposed to make a presentation.
“But I don’t have an advance knowledge of what he’s going to talk about but, generally speaking, he’s going to market Nigeria,” Oyebode was quoted as saying on Monday, August 29.

Nigeria always believe in natural resources for development. Farming is like not serving inside prison yard with hard labour in this cuntry

So Op you will chose nickel before crude oil?

OP please add your source, so those who wants to peruse this news will do so

Bitterleafsoup:
Thank God Praise Allah! Lets see how they will have a spirit of sharing when the top 5 states get most of the profit.

Do not be surprised if this new mineral is ignored, like agriculture is ignored. Oil seems to be the only mineral Nigeria cares for.

Let them start exploring already. But how will investors come when bubu just said Nija doesn't have a healthy environment 4 business?!

molydonhenry:
So Op you will chose nickel before crude oil?

Don't forget the price of oiyel has been crashing. It may become less than $20 in the not too distant future.

This OP dey smoke...

This same OP would come crying for oil soon oo...

Na today..... Abeg make we hear word jare. D volume of mineral deposits in the country is enof to make Nigeria ignore d falling Oil prices. It's either whoever taught me geography is lying or some of these states are illegally mining on code and d govt is in on it or d govt is lying. We've all heard about illegal mining going on in jos and Zamfara especially and d same goes for other states. My question exactly is what is d work of d Ministry in charge of mining /mineral resources or whatever name there're going by now. It's either these minerals are intentionally being ignored or dey neva existed in d first place which is very unlikely.

The aboki up there has started strategies to divide this country now

Fayemi is so incompetent in his job that Dalung looks like a hero when compared to Fayemi

Izonpikin:
This OP dey smoke...

This same OP would come crying for oil soon oo...

i will neva cry for anything IJN. I got a news that can be beneficial to people and i posted it . so why coursing yourself on this