Nigeria and France are enhancing their mining collaboration through a new MOU focused on technological upgrades, funding, and legal cooperation. Discussions at the Future Minerals Forum included sustainable practices and capacity building for geological exploration. Both nations expressed commitment to reviewing mining laws to strengthen their partnership and attract investments in Nigeria’s mining sector.
On Wednesday in Saudi Arabia, Nigeria and France advanced their mining collaboration by discussing a Memorandum of Understanding (MOU) established in Paris. France committed to upgrading the Nigerian Geological Survey Agency’s laboratory, supplying advanced equipment, and funding geological data exploration. This meeting was attended by Nigeria’s Minister of Solid Minerals Development and France’s Interministerial Delegate for Strategic Minerals, aiming to foster cooperation and share information on mining legislation and practices between the two countries.
During discussions at the Future Minerals Forum in Riyadh, Gallezot revealed that he was evaluating applications from French companies to invest in the Nigerian sector. Minister Alake thanked Gallezot for facilitating the MOU amidst tight schedules, mentioning that political challenges regarding the MOU’s objectives have been addressed. He called the forum a pivotal opportunity for enhancing collaboration through strategic programmes and projects.
Key topics of discussion included sustainable and artisanal mining, geological exploration, and cadastre management. The Director-General of the Nigerian Geological Survey Agency expressed the critical need for modern technology to improve geological data collection and analysis. He stated that upgraded labs are essential for accurate mineral analysis.
Additionally, the DG of the Nigerian Mining Cadastral Office suggested that both nations review their mining laws to find common ground and enhance legislation. He invited the French delegation to encourage French investors to explore mining opportunities in Nigeria. The Executive Secretary of the Nigerian Solid Minerals Fund emphasised the importance of joint funding for exploration projects with French financial institutions.
France’s geological agency representative committed to including Nigeria in its capacity-building initiatives for African geologists and discussed funding for laboratory upgrades. Gallezot finalised discussions by stating that the proposals would be reviewed by the respective governments, focusing on joint exploration efforts between the geological agencies of both countries. The programme’s progress will be analysed at the upcoming annual Indaba in Cape Town, South Africa.
The collaboration between Nigeria and France reflects a growing interest in mining, which is critical to both nations. The partnership aims to enhance technological capabilities in Nigeria’s mining sector, promote sustainable practices, and ensure legal compliance. By exchanging knowledge and resources, both countries seek to maximise their mining potential while attracting foreign investments and improving local expertise.
The strengthened ties between Nigeria and France in the mining sector indicate a strategic partnership focused on efficient exploration and sustainable practices. With commitments from France to upgrade technology and funding, this collaboration could significantly enhance Nigeria’s mining capabilities and attract potential investors. Ongoing discussions will pave the way for effective implementation, with further evaluations planned in the near future at an important mining event.
Original Source: nta.ng