Nigeria, Oct. 27 -- Nigeria's lithium processing has attracted over $1.3 billion from Chinese investors since President Bola Tinubu's administration took office in May 2023, according to the minister of solid minerals development, Dele Alake.

Segun Tomori, the special assistant on media to the minister, in a statement on Sunday, said that Mr Alake made the disclosure while speaking at the 2025 China Mining Conference in Tianjin.

"Since September 2023, when this administration assumed office, Chinese companies such as Canmax Technology, Jiuling Lithium, Avatar New Energy Nigeria Company, and Asba have invested over $1.3 billion in lithium processing," Mr Alake said.

Such investments have boosted Nigeria's economic diversification effort...