{"id":248694,"date":"2026-10-31T03:30:06","date_gmt":"2026-10-31T01:30:06","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-alake-defends-nigeria-us-minerals-deal-rejects-700bn-sale-claims\/"},"modified":"2026-10-31T03:30:06","modified_gmt":"2026-10-31T01:30:06","slug":"nigeria-alake-defends-nigeria-us-minerals-deal-rejects-700bn-sale-claims","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-alake-defends-nigeria-us-minerals-deal-rejects-700bn-sale-claims\/","title":{"rendered":"Nigeria: Alake Defends Nigeria-US Minerals Deal, Rejects $700bn Sale Claims"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"45\">The Minister of Solid Minerals Development, Dr Dele Alake, has dismissed claims that Nigeria sold $700bn worth of solid minerals to the United States, insisting that the bilateral agreement was designed to attract investment and facilitate cooperation, not transfer ownership of the country&#8217;s mineral assets.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"28\">Alake said no Nigerian asset was sold under the agreement, describing reports suggesting that the United States was taking over Nigeria&#8217;s mineral resources and security architecture as false.<\/p>\n<p class=\"story-body-text\"...<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202610300671.html\" target=\"_blank\" rel=\"nofollow noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Minister of Solid Minerals Development, Dr Dele Alake, has dismissed claims that Nigeria sold $700bn worth of solid minerals to the United States, insisting that the bilateral agreement was designed to attract investment and facilitate cooperation, not transfer ownership of the country&#8217;s mineral assets. Alake said no Nigerian asset was sold under the agreement, [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":248695,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[55744,258,256,55742,8117,7012,7820,9587,257,4687,393,55743,8440,6397,254],"class_list":["post-248694","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-700bn","tag-africa","tag-africa-news","tag-alake","tag-claims","tag-deal","tag-defends","tag-minerals","tag-news","tag-nigeria","tag-nigeria-news","tag-nigeriaus","tag-rejects","tag-sale","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/248694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=248694"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/248694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/248695"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=248694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=248694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=248694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}