The Solid Minerals Development Fund (SMDF) is to act as a catalyst to spur development of Nigeria’s mining sector by undertaking targeted sustainable, profit-oriented investments and interventions in key areas, in close coordination with stakeholders in the sector...
Development of both human and physical capacity in the sector.
Funding for geo scientific data gathering, storage, and retrieval to meet the needs of private sector led mining industry
Equipping the mining institutions to enable them perform their statutory functions
Funding for the extension services to small scale and artisanal Mining Operators pursuant to section 91 of this Act
Provision of infrastructure to mines sites.