The Nigerian Presidency has clarified that no rights were surrendered during President Tinubu’s visit to France, dispelling fears of French control over Nigeria’s mining sector. An MoU was signed to enhance critical mineral projects without compromising Nigeria’s sovereignty.
The Nigerian Presidency has dismissed claims that France is taking control of Nigeria’s mining sector following President Bola Tinubu’s state visit to France. During the visit, both nations signed a memorandum of understanding (MoU) aimed at enhancing and diversifying the critical mineral value chains in their solid minerals sectors. Tinubu’s Special Adviser expressed that Nigeria retains full control over its mining rights and is committed to adhering to international standards in its agreements.
The topic revolves around Nigeria’s recent international engagement with France, specifically regarding the solid minerals and mining sectors. Given the growing importance of critical minerals for clean energy technologies, both countries have looked to collaborate. However, speculation arose around potential loss of sovereignty over Nigeria’s mining rights, prompting the need for clarification from the Presidency.
In summary, Nigeria’s partnership with France focuses on joint initiatives in the minerals sector without compromising Nigeria’s sovereignty. The Presidency has assured that no rights have been relinquished and that international norms will guide any agreements. This collaboration aims to enhance both nations’ capabilities in critical minerals essential for sustainable energy.
Original Source: dailypost.ng