NIGERIA SEEKS PARTNERSHIP IN GLOBAL MINING TO BOOST THE ECONOMY

The Nigerian government is actively pursuing partnerships with global players in the mining sector to unlock the country’s vast resource potential and drive economic growth.

Dr. Doris Uzoka-Anite, the Minister of State for Finance, led the Nigerian delegation to the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, where she highlighted Nigeria’s abundant resources and its commitment to collaborating with international partners. “With our rich resource base and a renewed focus on innovation, sustainability, and investment, we are positioning Nigeria as a leader in the global minerals and energy sectors,” Uzoka-Anite stated.

She also invited global investors to partner with Nigeria, emphasising the numerous opportunities available in the mining and energy sectors. “We invite global investors to partner with us as we unlock the immense opportunities in these sectors,” she added, according to a statement from the Director of Information, Mohammed Manga.

Uzoka-Anite, who was accompanied by Minister of Solid Minerals, Mr. Dele Alake, noted that the Future Minerals Forum served as a platform for showcasing Nigeria’s readiness for business. The forum, the world’s leading platform for shaping the future of minerals, attracted over 14,000 participants from 178 countries, including government leaders, industry experts, and innovators.

The Nigerian delegation’s participation underscored the administration of President Bola Ahmed Tinubu’s commitment to fostering growth in mining, energy, and other sectors, in line with its Renewed Hope Agenda. The event marked a significant step in Nigeria’s efforts to forge stronger economic ties and attract investment.

During the forum, Uzoka-Anite engaged in key discussions with the Saudi Governor for the General Authority for Foreign Trade, visited the Saudi Vice Minister for Finance, and met with industry leaders at the Federation of Saudi Chambers of Commerce. These meetings helped position Nigeria’s mining sector as an attractive destination for investment.

A collaborative session with the Saudi Ministry of Energy and prominent stakeholders, including Mr. Wale Tinubu, explored opportunities for partnership in both energy and mining, reinforcing Nigeria’s status as a preferred partner. These engagements paved the way for stronger economic ties between Nigeria and Saudi Arabia, with a focus on unlocking the untapped potential of Nigeria’s resources.

 

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