The Minister of Solid Minerals Development, Dele Alake, and United States Assistant Secretary for Energy and Natural Resources, Geoffrey Pyatt, have agreed to set up a team of officials from both countries to explore financing for credit to mining firms and infrastructures.

On the sidelines of the Mines and Money Conference held in London, Pyatt said his visit to Alake followed an earlier meeting with President Bola Tinubu who sought the support of the US for the country’s economic revival.

He said the US would like to be Nigeria’s partner of choice in developing the solid minerals sector and was interested in the reforms announced by the minister during the conference.

Noting that the US has various institutions and laws which encourage direct foreign investment, Pyatt said he would notify the agencies to collaborate with their Nigerian counterparts to work out the framework.