NIGERIA, U.S SIGN AGREEMENT TO BOOST MINING INVESTMENT. (PHOTO).
Nigeria, U.S sign agreement to boost mining investment Nigeria and the United States have signed a framework agreement aimed at deepening US investment in the West African country's mining sector, Nigeria's solid minerals minister Dele Alake said on Thursday, Reuters reported. The agreement, signed in New York on Wednesday by Alake and US Deputy Secretary of State Christopher Landau, covers geological data, mineral exploration, mineral development and processing, infrastructure, and technical capacity building. Nigeria estimates its mineral resources are worth about $700 billion and is seeking to diversify the economy away from oil.

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