Nigeria seeks global mining partnerships to enhance economic growth
Mining
Abdullateef Fowewe
The Federal Government of Nigeria has expressed its commitment to fostering strategic global mining partnerships that drive economic growth, promote investment, and encourage innovation.
The Minister of State Finance, Dr Doris Uzoka-Anite led the charge at the Future Minerals Forum in Riyadh, Saudi Arabia, where she showcased Nigeria’s vast resource wealth and underscored the country’s readiness to collaborate with global partners.
Dailyeconomy obtained this in a statement on Sunday, the Ministry of Finance Director of Information and Public Relations, Mohammed Manga.
In the statement Uzoka-Anite said with Nigeria’s rich resource base and a renewed focus on innovation, sustainability, and investment they are positioning Nigeria as a leader in the global minerals and energy landscape.
The statement partly reads, “We invite global investors to partner with us as we unlock the immense opportunities in these sectors, she added.
“The Minister, who is attending the Minerals Forum alongside the Honourable Minister of Solid Minerals, Mr. Dele Alake stated that the Future Minerals Forum demonstrates that Nigeria is open for business.
“The forum, which is the world’s leading platform for shaping the future of minerals, convened over 14,000 participants from 178 countries, including government leaders, industry experts, and innovators.
“The Nigerian delegation’s participation showcased the country’s vast resource wealth and underscored President Bola Ahmed Tinubu-led Administration’s readiness to collaborate with global partners to drive growth in mining, energy, and beyond in order to boost the country’s economy in line with its Renewed Hope Agenda.
“The Future Minerals Forum marked a significant milestone in Nigeria’s efforts to drive economic growth through mining partnerships.”
However, during the forum, it was said that the Minister engaged in strategic discussions with the Saudi Governor for the General Authority for Foreign Trade, paid a courtesy visit to the Saudi Vice Minister for Finance, and held productive meetings with industry leaders at the Federation of Saudi Chambers of Commerce, presenting Nigeria’s mining sector as a prime destination for investment.
“Additionally, a collaborative session with the Saudi Ministry of Energy and notable stakeholders, including Mr. Wale Tinubu delved into partnership opportunities in energy and mining, underscoring Nigeria’s position as a partner of choice.
“These engagements paved the way for strengthened economic ties between Nigeria and Saudi Arabia, with a focus on partnership opportunities in energy and mining. Nigeria’s position as a partner of choice was underscored, highlighting the untapped potential of Nigeria’s resources.
“Thus, the Federal Government remains committed to fostering partnerships that promote investment, innovation, and collaboration, and invites global investors to partner with Nigeria in unlocking the immense opportunities in the mining sector, the statement summed up.
