Top Story

Nigeria and France partner to boost solid minerals sector, sign MoU on critical minerals value chain

1.1k


Nigeria and France have formalized a strategic partnership to enhance the critical minerals value chain within their solid minerals sectors.

This collaboration is cemented through a Memorandum of Understanding (MoU) signed by Nigeria’s Minister of Solid Minerals, Mr. Dele Alake, and Mr. Benjamin Gallezot, France’s Inter-Ministerial Delegate for Critical Ores and Metals.

The agreement, which emphasizes sustainability and innovation, aims to promote mutual development and diversification of critical mineral resources.

In a statement shared on Sunday via his official X handle, Alake highlighted the agreement’s focus on fostering research, training, and student exchange programs between Franco-Nigerian institutions.

This initiative will facilitate knowledge sharing and skills transfer, equipping stakeholders in both nations with the expertise required to advance their solid minerals sectors.

A core element of the MoU is the commitment to sustainable mining practices.

Both nations plan to implement projects designed to minimize environmental impacts, addressing challenges such as carbon emissions, water usage, and broader climate concerns.

These initiatives aim to align mining activities with global sustainability goals while ensuring minimal disruption to ecosystems.

The agreement also includes plans to establish joint extraction and processing projects.

These ventures will be supported through co-financing arrangements involving both public and private sectors.

By leveraging their combined resources, Nigeria and France aim to diversify and secure the supply of critical minerals essential to industries such as renewable energy and technology.

Beyond the technical aspects, the partnership underscores the importance of transparency and community welfare.

Alake assured that international best practices would guide the execution of the projects, with particular attention paid to improving the living conditions of local communities affected by mining activities.

See also  NNPCL's Chief Corporate Communications Officer, Femi Soneye, Steps Down

Author

Leave a comment

Related Articles

Breaking: Tinubu Assents to ₦68.3trn 2026 Appropriation Bill, Approves 2025 Budget Extension

In a move to drive national development, President Tinubu has approved the...

Mass Flight Suspensions Loom as 266% Surge in Fuel Costs Cripples Airlines

Airline Operators of Nigeria (AON) has issued a stark warning that domestic...

DSS to Arraign Ex-AGF Malami on Terrorism Charges on May 26

The Federal High Court in Abuja has scheduled May 26 for the...

DMO Report: Nigeria’s Public Debt Hits N159.27 Trillion at Year-End 2025

Nigeria’s combined public debt for the federal and state governments reached N159.27...