Abuja, Jan. 19, 2025 (Naija247news) – The Federal Government has announced plans to strengthen the economy by pursuing global mining partnerships, aiming to tap into Nigeria’s mining industry, which is valued at approximately $700 billion.
Thank you for reading this post, don't forget to subscribe!Mohammed Manga, Director of Information and Public Relations at the Ministry of Finance, disclosed this in a statement issued in Abuja on Sunday.
Strategic Focus on Global Partnerships
Speaking at the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, Dr. Doris Uzoka-Anite, Minister of State for Finance, highlighted the government’s commitment to fostering strategic global partnerships in mining. The initiative aims to boost economic growth, attract investments, and drive innovation in the sector.
“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 landscape. We invite global investors to partner with us to unlock the immense opportunities in these sectors,” Uzoka-Anite stated.
Strengthening Ties with Saudi Arabia
The minister noted that Nigeria’s engagements at the forum would enhance economic ties with Saudi Arabia, focusing on energy and mining partnerships. She emphasized that Nigeria’s untapped resource wealth presents significant opportunities for international collaboration.
Future Minerals Forum Highlights
The FMF, recognized as the leading global platform for shaping the future of minerals, attracted over 14,000 participants from 178 countries, including government leaders, industry experts, and innovators.
Nigeria’s participation underscored the country’s potential to become a major player in the global mining industry, with a focus on sustainability and innovation.
Stay tuned to Naija247news for updates on Nigeria’s mining partnerships and economic growth initiatives.
