Africa Minerals Strategy Group: Nigeria Takes the Lead in Solid Minerals Sector

Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has received widespread acclaim as he assumes the role of chairman for the Association of African Ministers of Solid Minerals, commonly known as the Africa Minerals Strategy Group (AMSG). This group, comprised of 15 African countries heavily engaged in the industry, is focused on advancing the exploration, marketing, and strategic investments in solid minerals for the benefit of member countries.

Alhaji Mohammed Abba Liman, spokesperson for the Nigerian Mining Stakeholders, has expressed his enthusiasm for Dr. Alake’s appointment, hailing it as a landmark event that will invigorate the country’s mining activities. Liman, who also serves as the chief executive officer of Daroo Nigerian Limited, has emphasized the potential for multi-billion dollar investment opportunities in Nigeria’s solid minerals sector, which he believes will be further unlocked under Dr. Alake’s stewardship.

Dr. Alake was unanimously elected as the inaugural chairman of the AMSG during the 30th edition of Investing in Africa Indaba in Cape Town, South Africa. His agenda is clear: to unify African countries in ensuring that they derive maximum benefits from their mineral resources. He has underscored the economic significance of Africa’s mineral wealth in the global landscape and has stressed the importance of speaking with one voice to safeguard the continent’s interests.

In his address to African leaders, Dr. Alake has emphasized the need for unity and cooperation, declaring that the era of exploitation without regulation is over. He has called for a collective effort to demonstrate sincerity of purpose and to convey Africa’s seriousness in harnessing its mineral wealth for the welfare of its people.

The elevation of Nigeria to the helm of the AMSG has sparked optimism among industry experts and stakeholders. It is perceived as an opportunity to not only drive investment in Nigeria’s solid minerals sector but also to position the country as a key player in shaping the direction of mineral resource governance across the continent.

With Dr. Dele Alake at the forefront, Africa stands poised to enter a new era of coordinated and strategic management of its mineral wealth, guided by the principles of equity, sustainability, and economic development. As Nigeria assumes leadership in the African solid minerals body, the possibilities for growth and cooperation within the sector are limitless.