Reported by: Oahimire Omone Precious | Edited by: Henry Owen
Kaduna State has unveiled a $150 million Green Mining Investment Fund, an ambitious initiative aimed at accelerating early-stage exploration of critical minerals and positioning the state as Nigeria’s premier hub for global mining investment.
The fund, announced by the Kaduna State Government, is designed to unlock the state’s vast mineral potential by providing capital for geological mapping, sampling, and resource definition — stages often considered too risky for private investors. By stepping into this gap, the government aims to derisk mining opportunities and make Kaduna the most attractive destination for mining capital in West Africa.
Speaking at the launch, state officials described the fund as a strategic move to capitalize on the global shift toward clean energy technologies, which are driving up demand for minerals such as lithium, nickel, cobalt, rare earth elements, and copper. Kaduna, they noted, is rich in several of these resources but remains underexplored due to financing bottlenecks.
The Green Mining Investment Fund will focus on:
Early-stage mineral exploration, including geophysical and geochemical surveys
Sustainable and environmentally responsible mining practices
Strengthening regulatory and operational frameworks
Supporting credible local and international mining firms seeking to operate in the state
According to the government, the fund is expected to attract top-tier exploration companies, promote value addition within Nigeria, and stimulate job creation across mining communities.
Officials also highlighted the growing global competition for critical minerals, stressing that Kaduna must position itself early to benefit from the clean energy transition and the rising demand for green technologies.
With the fund now active, Kaduna State says it is ready to engage with global investors, geological firms, and mining companies prepared to work within its strengthened governance and sustainability framework.
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