By SUNDAY ABBA, Abuja
All is now set for the Ore Reserves Development Forum (ORDF) and the Sold Minerals Development Fund (SMDF) to host a one-day workshop titled: “Building a Sustainable Mining Finance Framework for Nigeria”.
This workshop billed for 9th December, 2025 in Nigeria’s capital, Abuja aims to address one of the mining sector’s biggest challenges – the difficulties miners face in securing financing due to limited investors confidence in geological and project data.
According to a statement made available to SUMMIT POST, the event will bring together miners. financial institutions, government agencies, regulators, and industry experts to strengthen the ink between geological reporting, project transparency, and access to finance.
Participants will explore key topics such as mineral reporting standards, the financing lifecycle of mining projects, policy and regulatory incentives, and the development of a credible and functional mining finance ecosystem for Nigeria.
Speaking ahead of the event, the Charman of ORDE, Uba Saidu Malami,
said: “The mining sector can make a significant contributions to Migeria’s economic growth.
“However, many promising projects fail to attract funding because investors do not fully trust available data. This workshop will enable stakeholders to work together to build a transparent end reliable system that supports investment and leng-term sector development.”
It is expected that at the end of the workshop. a draft Mining Finance framework is developed, which will then be reviewed and refined by a technical working group representing key institutions across the mining value chain.
The workshop curriculum includes
*The role of mining finance in Nigeria’s industrial development.
*Fundamental standards for reporting mineral resources
*Financing pathways from exploration to production
* Policy, regulatory, end market incentives for mining
*Designing a practical and efficient mining finance system.
*Consensus on standard reporting systems and frameworks.
*A draft mining finance framework to guide next steps.
The ORDF was the outcome of the Geological Society of Nigeria (GSN) Roundtable 2.0, which brought together technical, regulatory, financial, trade and policy experts to critically examine barriers to unlocking the potential of Nigeria’s solid minerals endowment.
It became clear that bridging gaps in ore reserve classification, technical capacity, and structured financing, particularly through the capital market requires a collaborative and multi sectoral approach anchored on sound industrial policy and sustainable investment framework.
The ORDF was the outcome of the Geological Society of Nigeria (GSN) Roundtable 2.0, which brought together technical, regulatory, financial, trade and policy experts to critically examine barriers to unlocking the potential of Nigeria’s solid minerals endowment.
It became clear that bridging gaps in ore reserve classification, technical capacity, and structured financing, particularly through the capital market requires a collaborative and multi sectoral approach anchored on sound industrial policy and sustainable investment framework.
Director General, Security and Exchange Commission (SEC), Dr Emomotimi Agama; Executive Secretary, Solid Mineral Development Fund (SMDF), Hajiya Fatima Shinkafi; President, Nigerian Stock Exchange, Temi Popoola; Minister Solid Mineral Development, Dr Dele Alake; Managing Director, Nigeria Export-Import Bank (NEXIM), Abubakar Abba Bello; President, Miners Association of Nigeria (MAN), President, Miners Association of Nigeria (MAN), Dele Ayanleke; Minister of Finance, Mr Wale Edun among other key stakeholders that made the long list of participants in the workshop.