Nigeria's Non-Oil Export Scene Gets a Boost: Private Miner Makes Top 10

Private Miner Makes Nigeria's Top 10 Exporters List

“This recognition is a testament to our unwavering commitment to supporting Nigeria's economic...”

Segilola Resources Operating Limited (SROL) Recognized as Top 10 Non-Oil Exporter in Nigeria by NEPC

Segilola Resources Operating Limited (SROL) has earned recognition as one of Nigeria's top 10 non-oil exporters, courtesy of the Nigerian Export Promotion Council (NEPC).

In a statement issued on October 20, SROL shared the news of its prestigious award, received during a ceremony honoring Nigeria's leading non-oil exporters.

The Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, praised the awardees for significantly contributing to Nigeria's economic expansion during the event.

The Nigerian Export Promotion Council (NEPC) has named Segilola Resources Operating Limited (SROL) among Nigeria's top 10 non-oil exporters. At the awards ceremony, Minister Dr. Doris Uzoka-Anite lauded the companies for driving economic growth.

SROL's inclusion in Nigeria's top 10 non-oil exporters list marks a significant milestone in the nation's economic diversification journey.

“This acknowledgement by NEPC reinforces our leadership in non-oil exports and underscores our commitment to sustainable growth,” said Austin Menegbo, SROL's Country Manager.

“This recognition is a testament to our unwavering commitment to supporting Nigeria's economic diversification through robust export initiatives. At SROL, we are proud to contribute to national development, particularly job creation. Impressively, 44 percent of our workforce is drawn from Osun State, with 28 percent from our host communities. This reflects our dedication to fostering sustainable growth and providing opportunities within the regions where we operate.”

He added, “This acknowledgment encourages us to continue our journey towards sustainable development and community enrichment. We are excited about the future and remain committed to making even greater contribution Nigeria's export landscape.

“As the operator of Nigeria's first commercial gold mine, SROL's flagship project, the Segilola Gold Mine, has set a precedent in the country's mining sector.”

Osun State's Segilola mine launched commercial operations in 2022, yielding an impressive 98,006 ounces of gold in its first year.

The mine continued its strong trajectory in 2023, delivering 84,609 ounces of gold, showcasing stability and reliability.