Solid Minerals Development Fund

About Solid Minerals Development Fund

SMDF (Solid Minerals Development Fund) is a Nigerian government-backed investment vehicle focused on mobilizing financing to accelerate private sector-led growth in Nigeria’s mining sector. It aims to unlock capital for exploration, project development, and mining operations, with emphasis on early-stage investments and sustainability. The organization positions itself as a catalyst to improve economic parameters, attract private investment, and foster responsible mining practices within Nigeria. Its activities span investment mandate, financing, and partnerships to promote growth, jobs, and economic development in the Nigerian mining industry.