The Federal Government on Wednesday launched the Early-Stage Mineral Exploration and Research Grant Endowment programme, known as EMERGE, in a fresh push to accelerate mineral exploration, support research institutions and promote local processing of Nigeria’s mineral resources.
The initiative, unveiled in Abuja by the Minister of Solid Minerals Development, Dele Alake, is expected to provide catalytic funding for explorers, universities and companies involved in critical minerals development while addressing financing gaps that have hindered the growth of the mining sector.
Speaking at the launch, Alake described the programme as a strategic intervention under the Federal Government’s reform agenda aimed at repositioning the solid minerals sector as a major contributor to economic diversification and industrial development.
According to him, the initiative, to be implemented through the Solid Minerals Development Fund, represents a deliberate effort to transform Nigeria’s mineral wealth into sustainable prosperity.
“The clearest proof of all this sits in federation
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