The Nigerian Senate has promised to support Chinese companies planning to invest $1 billion in the country’s solid minerals sector. A group of Chinese investors visited the National Assembly to ask for backing before starting their investment.

They plan to invest $500 million first in three states – Zamfara, Kebbi, and Nasarawa. If the results are good, they will bring in another $500 million.

Senator Onawo Mohammed Ogoshi, who is the acting chairman of the Senate Committee on Solid Minerals, gave this assurance during a meeting with the Chinese team. He said the Senate would help make laws that protect the investments of these companies.

“Our current mining laws are strong, but we will make them better,” he said. “We want to make sure that your businesses are safe and successful in Nigeria.”

Senator Adamu Aliero, another member of the committee, also praised the Chinese investors for choosing to invest in Nigeria. He said the country is now focusing more on areas like solid minerals instead of depending only on oil.

“We will work with the Ministry of Solid Minerals and local leaders to help you start mining without problems,” he said.

Mr. Chen Twan, head of the Chinese delegation from Zong Hong Kotai Group, said they want to invest $500 million first. If all goes well in the first year, they plan to expand their business to other states with mineral resources.

“We have been investing in other countries too. Now, we want to see what Nigeria has to offer in mining and industrial parks,” he said.

Mr. Adamu Tah, a Nigerian partner and Managing Director of El-Tahdam Exploration Limited, said they have been working with the Chinese companies for two years and trust their experience. He said the companies are coming based on research and the licenses they already have in Nigeria.

“The Senate’s support gives us the confidence to go ahead,” he said. “If things go well, the total investment might go up to $1 billion.”