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Home [ MAIN ] EVENTS Financing Models to Boost Exploration

Financing Models to Boost Exploration

In order to create an appropriate environment to support enterprise and boost mineral exploration, Government has promised a systematic effort to build knowledge and confidence among Nigerian financial institutions to support mining projects.


In addition, there is the establishment of the Nigerian Solid Minerals Investment Fund, structured as a private sector oriented investment outfit to provide financing to private sector led projects in the mining sector.  Nigeria offered a three-year tax holiday to mining investors as the West African nation seeks to raise as much as $7 billion to develop its minerals and steel industries.


Join us in two weeks’ time at the Nigeria Mining Week, incorporating iPAD Nigeria Mining & Quarrying Forum, where industry experts get together to assess this strategy and look at what has worked elsewhere.


  • Rachid Benmessaoud, Country Director Africa, World Bank, Nigeria

Panel discussion participants:

  • Bashir Wali, Acting Managing Director, Nexim Bank, Nigeria
  • Olayinka Mubarak, Group Head, Solid Minerals and Metals, Bank of Industry, Nigeria
  • Alhaji Nasiru Wada, Managing Director, Savannah Gold Ltd, Nigeria
  • Mahe Shehu Ahmed, Secretary, Solid Minerals Development Fund, Nigeria
  • Osam Iyahen, Director, African Finance Corporation, Nigeria


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