Nigeria’s Phosphate and Uranium Mineral Occurrences: Implication for Mineral Investment

Abstract

The main aim of this paper is to review the occurrences of phosphate and uranium in Nigeria with a view to encourage local and international investors to develop and exploit these deposits. Nigeria is located on latitude 10⁰ North and longitude 8⁰ East surrounded in the north by Niger and Chad and in the east by Cameroun and in the west by Benin Republic. Available data indicated the viability of mineral investment in the Nigerian phosphate and uranium resources. With the current economic reforms and investment incentives in Nigeria, interested investors are highly welcome to take advantage of developing these mineral resources.

Keywords: phosphate, uranium, mineral resources, mineral investment, geochemical mapping