Nigeria and France have reinforced their mining partnership by signing an MOU. At the Future Minerals Forum, they agreed on technological upgrades for Nigeria’s geological surveys and plans to share mining laws. This collaboration aims to boost investments and improve local expertise in Nigeria’s mining sector.
Nigeria and France have solidified their partnership following the signing of a Memorandum of Understanding (MOU) in Paris. In a recent meeting at the Future Minerals Forum in Riyadh, both countries agreed on France upgrading Nigeria’s geological laboratories and providing advanced technology.
Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake, and France’s Benjamin Gallezot discussed information exchange on mining laws and illegal mining. Gallezot indicated that they are evaluating French companies interested in investing in Nigeria’s mining sector.
Dr Alake expressed gratitude for the MOU established during President Bola Tinubu’s visit to France. The forum was pivotal for advancing collaboration between Nigeria and France in mining through effective programmes and policies.
Professor Olusegun Ige highlighted the need for advanced technology for geological exploration, which has suffered due to equipment shortages. He advocated for the development of local expertise through international training in mining.
Engr Simon Nkom urged a comparative analysis of mining laws in both countries to facilitate improvements. Hajiya Fatima Shinkafi proposed a co-funding model for early-stage exploration projects with French financial institutions.
Christophe Poinssot from France’s geological agency pledged Nigeria’s inclusion in Africa’s geological training funding program, having benefited over 1,000 geologists in the past. He also confirmed plans to improve Nigeria’s geological laboratory facilities to international standards.
The article discusses the strengthened collaboration between Nigeria and France in the mining sector, particularly focusing on technological upgrades and investment opportunities. It outlines the commitments established through a recent MOU aimed at enhancing Nigeria’s mining capabilities and expertise through training and resource sharing. By facilitating advanced technology and fostering cooperation on legal frameworks, both countries aim to bolster their mining industries.
In summary, Nigeria and France have formed a robust partnership to enhance the mining sector through advanced technology, training, and legal exchange. The ongoing collaboration aims to improve geological exploration and attract investments from French companies. Joint efforts are expected to yield significant benefits for both nations, facilitating mutual growth in the mining industry.
Original Source: blueprint.ng