Kaduna State has launched a $150 million Green Mining Investment Fund aimed at accelerating early-stage exploration of critical minerals and positioning the state as Nigeria’s most attractive destination for global mining capital.

The Fund was announced on the sidelines of the G20 Summit in Johannesburg—Africa’s first—where the Kaduna State Government signed a Memorandum of Understanding (MoU) with international advisory firm Core International at an event hosted by the Nigerian Investment Promotion Commission (NIPC).

The Kaduna State Government led by His Excellency, Governor @ubasanius say the Fund directly targets one of Nigeria’s biggest mining barriers: the chronic shortage of early-stage, risk-tolerant financing needed to move mineral assets from potential to bankable projects. - Business Day