ASIA - Nigerian Mining News https://nigeriamining.today Sun, 19 Jan 2025 18:14:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 https://nigeriamining.today/wp-content/uploads/2023/10/Screenshot-2023-10-31-at-19.14.10-150x150.png ASIA - Nigerian Mining News https://nigeriamining.today 32 32 Nigeria Pursues Global Mining Partnerships to Revitalise Economy https://nigeriamining.today/2025/01/19/nigeria-pursues-global-mining-partnerships-to-revitalise-economy/ Sun, 19 Jan 2025 18:14:50 +0000 https://nigeriamining.today/2025/01/19/nigeria-pursues-global-mining-partnerships-to-revitalise-economy/ Nigeria’s Federal Government seeks global mining partnerships to boost economic growth, led by Finance Minister […]

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Nigeria’s Federal Government seeks global mining partnerships to boost economic growth, led by Finance Minister Dr. Doris Uzoka-Anite at the Future Minerals Forum in Riyadh. Highlights include showcasing resource wealth, discussing investment opportunities, and inviting international collaboration, in line with the Renewed Hope Agenda.

The Nigerian Federal Government aims to rejuvenate the economy through global mining partnerships. Minister of State Finance, Dr. Doris Uzoka-Anite, represented Nigeria at the Future Minerals Forum (FMF) in Riyadh, highlighting the country’s rich resource wealth and readiness for collaboration with investors. She stated, “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.’

Uzoka-Anite, accompanied by Minister of Solid Minerals, Mr. Dele Alake, showcased Nigeria’s openness to business at the FMF. The forum attracted over 14,000 participants from 178 countries, allowing Nigeria to present its resource potential to the global community. This initiative aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda to stimulate economic growth through strategic partnerships.

Manga reported that the FMF has been pivotal for Nigeria in promoting economic advancement via mining collaborations. The Minister had discussions with Saudi officials and industry leaders, presenting Nigeria’s mining sector as an attractive investment destination. A joint session with the Saudi Ministry of Energy explored partnership opportunities in energy and mining, reinforcing Nigeria’s appeal as a preferred partner.

These engagements are aimed at strengthening economic ties between Nigeria and Saudi Arabia while highlighting Nigeria’s untapped resource potential. The Federal Government is committed to fostering partnerships that drive investment and innovation in the mining sector, welcoming global investors to explore these opportunities.

The article discusses Nigeria’s efforts to enhance its economy through international mining partnerships. It illustrates the government’s active participation in global forums to attract investments. The emphasis is on collaboration, resource management, and solidifying Nigeria’s position as a leader in mining and energy sectors, reflecting a strategic approach to economic revitalization.

The Nigerian government is prioritising global partnerships in mining to stimulate economic growth, backed by the participation of top officials at international forums. Efforts to showcase Nigeria’s resources are coupled with a commitment to innovation and sustainability, inviting international investors to explore and invest in the country’s mining sector. This approach is part of a broader initiative to enhance economic prospects through collaborative efforts.

Original Source: tribuneonlineng.com

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Exploitation of Child Workers in Nigeria’s Lithium Mining https://nigeriamining.today/2024/12/20/exploitation-of-child-workers-in-nigerias-lithium-mining/ Fri, 20 Dec 2024 17:50:15 +0000 https://nigeriamining.today/2024/12/20/exploitation-of-child-workers-in-nigerias-lithium-mining/ Children as young as five are subjected to perilous conditions in Nigeria’s lithium mines, which […]

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Children as young as five are subjected to perilous conditions in Nigeria’s lithium mines, which drive the global shift towards green energy. This exploitation is exacerbated by poverty and a lack of regulatory oversight, particularly amidst China’s involvement in illegal mining operations. The cycle of child labour continues, compromising their education and safety while profiting foreign markets.

In rural Nigeria, children as young as five are exploited in lithium mining, a critical component of the global green energy shift. Known as the “white gold,” lithium mining promises income, yet veils a harsh reality of child labour amidst poverty. As children face dangers in illegal mining operations, the supply chain extends to foreign markets, overshadowed by insufficient regulation and China’s controversial role in Nigeria’s mining industry. This exploitation ensnares vulnerable children in a perilous cycle, trapping them in labour rather than education and a brighter future.

Lithium mining has emerged as a pivotal industry in Nigeria, providing resources critical for renewable energy technologies. However, this growth has a dark side—children are increasingly drawn into the labour force due to extreme poverty. With Nigeria home to substantial lithium reserves, the demand for this mineral often leads to illicit mining activities that exploit the most vulnerable members of society, stemming from the lack of governmental support and stringent oversight to protect children and curb illegal mining practices.

The plight of child miners in Nigeria highlights a grim truth behind the lithium that fuels modern technology. With rampant exploitation driven by poverty and minimal regulatory frameworks, these children are forced to sacrifice their education and safety for survival. Until ethical practices replace profit motives in the global supply chain, the true cost of lithium will continue to burden these young lives, reinforcing a cycle of poverty and exploitation.

Original Source: mahabahu.com

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Children’s Harrowing Reality in Nigeria’s Illegal Lithium Mines https://nigeriamining.today/2024/12/12/childrens-harrowing-reality-in-nigerias-illegal-lithium-mines/ Thu, 12 Dec 2024 09:57:16 +0000 https://nigeriamining.today/2024/12/12/childrens-harrowing-reality-in-nigerias-illegal-lithium-mines/ Illegal lithium mining in Nigeria sees children like Juliet Samaniya, aged 6, working under hazardous […]

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Illegal lithium mining in Nigeria sees children like Juliet Samaniya, aged 6, working under hazardous conditions for minimal pay. This situation is worsened by poverty and ineffectual laws against child labour. Activists call for urgent reforms as the global demand for lithium rises, overshadowing the rights and safety of children in the industry.

In Nigeria’s Pasali community, 6-year-old Juliet Samaniya toils in illegal lithium mines, earning less than a dollar a day, neglecting her education to support her family amidst a thriving yet dangerous mining boom. Child labour in these operations is rampant, as inadequate law enforcement and poverty prevail. Nigeria’s lithium demand fuels operations that often exploit children in hazardous conditions, with many unable to afford additional school fees despite the government’s claim of free basic education.

Amidst increasing lithium demand, workers—many children—use rudimentary tools for mining, with older youths recalling deadly mine accidents. The educational landscape has deteriorated; schoolmaster Sule Dantini notes significant decreases in attendance due to mining responsibilities. Corruption and lax regulations allow illegal mining networks to flourish, with transactions often taking place without scrutiny of the conditions under which the ore is sourced.

Activists call for reforms, urging both the government and corporations to prioritise human rights over profit amid soaring global lithium needs. The Nigerian government professes to be instituting improvements, yet significant challenges remain. Juliet’s mother, Abigail Samaniya, holds on to the hope that her daughter can escape mining’s grasp for a better future.

Illegal lithium mining in Nigeria has become a serious issue, particularly in rural areas like Pasali. As the global demand for lithium surges for clean energy technologies, the country is facing a dilemma of poverty, education deprivation, and child exploitation. Despite legal frameworks against child labour, enforcement is weak, and practical access to education remains obstructed by hidden fees and economic hardships. The presence of informal mining networks compounds these issues, further endangering vulnerable children in remote communities.

The situation in Nigeria highlights the pressing need for stricter regulation and enforcement against child labour in mining. While the government aims to reform the sector, the reality on the ground remains grim for children like Juliet. Activists insist that as long as economic incentives overshadow human rights, the plight of these young miners will continue unabated. Without meaningful changes, the cycle of poverty and exploitation is likely to persist, impacting future generations.

Original Source: unb.com.bd

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Navigating Opportunities and Risks: The France-Nigeria Mining Pact https://nigeriamining.today/2024/12/09/navigating-opportunities-and-risks-the-france-nigeria-mining-pact/ Mon, 09 Dec 2024 21:48:28 +0000 https://nigeriamining.today/2024/12/09/navigating-opportunities-and-risks-the-france-nigeria-mining-pact/ The France-Nigeria mining pact offers Nigeria the chance to diversify its economy by utilising its […]

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The France-Nigeria mining pact offers Nigeria the chance to diversify its economy by utilising its mineral wealth. While it provides potential for investment and technological advancement, vigilance is crucial due to historical grievances and the risk of exploitation. The success of this partnership depends on Nigeria’s ability to ensure transparency, local involvement, and strict regulation.

The signing of the mining pact between France and Nigeria presents an opportunity for Nigeria to harness its mineral resources for economic diversification while strengthening ties with France. Although the pact can facilitate investment, technical expertise, and advanced technologies, Nigeria must navigate its complexities carefully due to regional tensions and historical grievances against France in West Africa. For Nigeria, the mining sector is a potential economic driver, but vigilance is essential to prevent exploitation and ensure local communities benefit significantly.

Nigeria’s dependency on oil has stifled its economic growth, thus, the mining industry, rich in resources like gold and tin, holds promise for diversification. Partnering with France, a leader in mining technology, could enable Nigeria to build a modern industry that generates jobs and attracts foreign investment. Yet, Nigeria’s recent experiences with military governments and accusations against France of neocolonialism linger, necessitating a cautious approach.

Lessons from the Niger Delta underscore the need for robust regulatory frameworks to guard against exploitation. Clear regulations should emphasize transparency, fairness, and sustainability to protect local interests. Developing local capacity in mineral processing and management is crucial; Nigeria must not overly rely on foreign expertise, as community involvement ensures shared benefits and stable relations.

France’s advanced technology could help monitor and regulate mining practices, averting resource conflicts similar to those experienced in the oil sector. However, it is paramount that these technologies are managed by local institutions to prevent manipulation. Furthermore, combating corruption is essential to secure Nigeria’s economic future, and collaboration among various government agencies can aid in addressing issues of illegal mining and smuggling.

The France-Nigeria mining pact aims to exploit Nigeria’s rich mineral resources as a means to diversify its economy, reduce dependence on oil, and strengthen diplomatic relations with France. While presenting an opportunity for economic growth through mining, the deal comes with risks due to historical tensions in West Africa regarding France’s alleged neocolonial practices. Both nations face the challenge of ensuring that this partnership leads to sustainable development without repeating past exploitative patterns seen in other resource-rich countries.

To maximise the benefits of the France-Nigeria mining pact, Nigeria must adopt a cautious yet strategic approach. Prioritising community involvement, regulatory integrity, and capacity building are fundamental to prevent the pitfalls of past resource exploitation. By asserting its sovereignty and maintaining rigorous oversight, Nigeria can transform this collaboration into a beneficial venture for its people and the economy.

Original Source: www.thisdaylive.com

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Nigeria Aims to Expand Mining Sector to Diversify Economy https://nigeriamining.today/2024/11/21/nigeria-aims-to-expand-mining-sector-to-diversify-economy/ Thu, 21 Nov 2024 20:54:30 +0000 https://nigeriamining.today/2024/11/21/nigeria-aims-to-expand-mining-sector-to-diversify-economy/ Nigeria aims to boost its economy by expanding the mining industry, as highlighted in a […]

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Nigeria aims to boost its economy by expanding the mining industry, as highlighted in a recent National Mining Week conference, encouraging investments to capitalise on rising global mineral demand.

Nigeria recently concluded a three-day conference celebrating National Mining Week, highlighting its commitment to enhancing its mining sector. With a focus on attracting investments, the Nigerian government aims to leverage the global increase in mineral demand to diversify its economy. This initiative is part of broader efforts to reduce reliance on oil and tap into the potential of the mining industry to foster economic growth.

The Nigerian economy has been historically reliant on oil exports, making it vulnerable to fluctuating global prices. In light of this, the government is actively seeking to diversify by investing in various sectors, including mining. The National Mining Week conference underscores the government’s dedication to this goal, providing a platform for stakeholders to discuss opportunities and strategies to enhance the mining sector’s contribution to the economy.

In summary, Nigeria’s focus on expanding its mining industry is a strategic move aimed at economic diversification. By capitalising on the global demand for minerals, the country intends to shift its economic dependence away from oil, ultimately fostering sustainable growth and investment in the sector.

Original Source: www.voaafrica.com

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Zambia’s Proposed Mining Reforms Threaten Investor Rights and Growth https://nigeriamining.today/2024/11/15/zambias-proposed-mining-reforms-threaten-investor-rights-and-growth/ Fri, 15 Nov 2024 20:45:35 +0000 https://nigeriamining.today/2024/11/15/zambias-proposed-mining-reforms-threaten-investor-rights-and-growth/ Zambia’s proposed mining reforms threaten investors’ rights, with a new state-owned company set to control […]

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Zambia’s proposed mining reforms threaten investors’ rights, with a new state-owned company set to control 30% of future copper production. The Chamber of Mines warns of arbitrary regulatory powers and inadequate consultation by the government, jeopardising investment incentives and production targets.

Zambia’s mining sector faces significant upheaval due to proposed government reforms that threaten investors’ rights, according to the Chamber of Mines. The planned establishment of a state-owned enterprise intends to take control of at least 30% of future production from critical minerals like copper. The Chamber criticises the government for not sufficiently consulting with mining firms, risking setbacks to investment efforts that have boosted the economy since 2021.

Zambia’s economy heavily relies on copper, contributing approximately 70% to its export revenues. The government aims to boost copper production from less than 700,000 tonnes last year to three million tonnes by the next decade. These ambitious targets will require substantial investment in the mining sector, which could be jeopardised by new governance laws that purportedly allow regulators excessive discretionary powers, risking corruption.

The proposed reforms in Zambia’s mining sector represent a significant challenge for investors, with the Chamber of Mines expressing concern over possible corruption and a lack of meaningful government consultation. These developments could undermine past efforts to attract investment and drastically impact the country’s mining industry and economic growth.

Original Source: africanminingmarket.com

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Only 1,000 of 7,141 Mining Licenses Active, Says NIMCO Director General https://nigeriamining.today/2024/11/12/only-1000-of-7141-mining-licenses-active-says-nimco-director-general/ Tue, 12 Nov 2024 21:39:36 +0000 https://nigeriamining.today/2024/11/12/only-1000-of-7141-mining-licenses-active-says-nimco-director-general/ The NMCO has issued 7,141 mining licenses, but only 1,000 are active, revealing inefficiencies in […]

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The NMCO has issued 7,141 mining licenses, but only 1,000 are active, revealing inefficiencies in the sector. Director General Obadiah Nkom called for reforms and highlighted inadequate funding as a significant barrier. The agency has transitioned to a web-based platform for transparency and formed an anti-money laundering unit in collaboration with the EFCC. The House Committee on Solid Minerals raised concerns about licensing and illegal mining.

The Nigeria Mining Cadastre Office (NMCO) has issued a total of 7,141 mining licenses; however, only about 1,000 of these are currently active, as revealed by Director General Obadiah Nkom. During a recent meeting with the House Committee on Solid Minerals, Nkom stressed the need for reforms in the sector, specifically in relation to mining fees and title ownership, due to the alarming number of inactive licenses. He noted that despite generating over N8 billion in revenue, the agency suffers from inadequate funding which restricts its operational effectiveness. Nkom further mentioned the successful transition to a web-based platform for improved access and transparency and the development of guidelines for an anti-money laundering unit in partnership with the EFCC. The committee, led by Chairman Jonathan Gaza, raised concerns about the licensing process, the impact of illegal mining, and the need for increased productivity due to insufficient funding. Gaza assured that the committee would escalate these issues to the Minister of Solid Minerals Development for necessary action.

The issue of inactive mining licenses in Nigeria highlights significant inefficiencies within the Nigeria Mining Cadastre Office (NMCO). Despite the issuance of over 7,000 licenses, the minimal number of active miners underscores a need for regulatory reform. Inadequate funding and concerns about illegal mining practices also pose challenges for the agency. This situation calls for improved oversight and potential restructuring in the mining sector to enhance productivity and revenue generation.

In summary, the NMCO faces challenges with a high volume of inactive mining licenses against a backdrop of inadequate funding and the prevalence of illegal mining. The agency’s call for reforms and better financing highlights the critical need for a more effective licensing and oversight system to improve the sector’s contribution to Nigeria’s economy. The committee’s commitment to addressing these issues with the Minister of Solid Minerals Development is a positive step towards enhancing operational efficiency.

Original Source: nannews.ng

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How to Obtain a Mining License in Nigeria: A Comprehensive Guide https://nigeriamining.today/2024/11/06/how-to-obtain-a-mining-license-in-nigeria-a-comprehensive-guide/ Wed, 06 Nov 2024 09:29:13 +0000 https://nigeriamining.today/2024/11/06/how-to-obtain-a-mining-license-in-nigeria-a-comprehensive-guide/ Mining licenses are essential for legal operations in Nigeria’s mining sector, which significantly contributes to […]

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Mining licenses are essential for legal operations in Nigeria’s mining sector, which significantly contributes to the economy. Types of licenses include Exploration, Mining Lease, and Small Scale Mining Lease. The NMCO and MMSD govern applications and compliance, with specific requirements for each license type and a clear application process. Engaging legal experts can facilitate smoother licensing.

Mining is crucial to Nigeria’s economy, promoting GDP growth and job creation. To operate in this sector legally, obtaining a mining license is essential. Historically, Nigeria was a leading exporter of minerals until the oil boom in the 1970s shifted focus. Today, despite oil’s dominance, various minerals are still mined. This guide outlines types of mining licenses, the application process, required documents, and insights into obtaining a mining license in Nigeria. Types of Mining Licenses 1. Exploration License (EL): For mineral exploration; max area: 22 sq km; renewable. 2. Mining Lease (ML): Exclusive extraction rights; up to 50 sq km; valid for 25 years. 3. Small Scale Mining Lease (SSML): For small operations; max area: 3 sq km; renewable. 4. Quarry Lease (QL): For quarrying. 5. Reconnaissance Permit: Initial exploration. 6. Water Use Permit (WUP): For mining-related water use. 7. Possess or Purchase License: For trading minerals without extraction. 8. Mineral Buying Centre License: For purchasing from miners. 9. Mineral Export Permit: For exporting mined minerals. Authorities Responsible The Nigeria Mining Cadastre Office (NMCO) and the Federal Ministry of Mines and Steel Development (MMSD) oversee license issuance. The NMCO manages applications, ensuring compliance with transparency, while the MMSD governs policy and compliance with the Nigerian Minerals and Mining Act of 2007. Requirements for Obtaining Licenses General Requirements: – Completed application forms. – Non-conviction certificate. – Incorporation certificate or ID. – Evidence of financial and technical capability. – Landowner consent. – Tax clearance. Specific Requirements: – EL: Minimum work program. – ML: Proof of reserves and feasibility studies. Application Process – Submit an application via the NMCO’s online portal. – Pay required fees. – Wait approximately 30-45 working days for processing. – It’s advisable to engage a reputable law firm to expedite the process and provide legal guidance.

Mining in Nigeria plays a vital role in the economic landscape, with significant contributions to GDP and industrial growth since the 1960s. The sector has faced challenges over the decades, particularly as oil gained dominance. Despite this, mining remains important, and understanding the licensing process is crucial for compliance and growth in this domain. The Nigerian Minerals and Mining Act 2007 supports the regulatory framework for mining licenses.

Acquiring a mining license is essential for legal mining activities in Nigeria. This article highlights the types of licenses available, the governing authorities, necessary requirements, and application steps. By adhering to these regulations, operators can ensure compliance and contribute positively to Nigeria’s economic landscape.

Original Source: www.mondaq.com

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Nigeria Strengthens Crackdown on Illegal Mining Activities https://nigeriamining.today/2024/11/04/nigeria-strengthens-crackdown-on-illegal-mining-activities/ Mon, 04 Nov 2024 11:24:05 +0000 https://nigeriamining.today/2024/11/04/nigeria-strengthens-crackdown-on-illegal-mining-activities/ Nigeria is taking strong measures against illegal mining as part of efforts to regulate the […]

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Nigeria is taking strong measures against illegal mining as part of efforts to regulate the sector and maximise its mineral resources. Recent raids led to multiple arrests, including foreign nationals. The government links illegality to conflicts and aims to curb the annual $9 billion loss from resource theft.

Nigeria is intensifying its efforts to regulate illegal mining operations as part of a campaign to manage its mineral resources better. The global demand for minerals like lithium and tin, essential for the clean energy transition, has led to an upsurge in illicit mining activities within the country, exacerbated by corruption and minimal government oversight in remote areas. Recent actions include a raid in Kishi, Oyo State, where security forces arrested 32 individuals, including two Chinese nationals, involved in illegal lithium trade. Local community leaders report growing concerns about insecurity linked to illicit mining. President Bola Tinubu has linked illegal mining to escalating conflicts in northern Nigeria, prompting calls for international assistance. China plays a significant role in Nigeria’s mining landscape, often employing vulnerable populations affected by conflict and climate change. To mitigate the losses from illegal mining, estimated at $9 billion annually, Nigeria has established a corps of mining marshals tasked with tackling unlawful activities. Recent legal actions against illegal miners highlight the government’s commitment to combatting this issue.

Nigeria is emerging as a significant source of key minerals like lithium, crucial for global renewables, amid diminishing supplies from leading producers. Illegal mining has flourished due to inadequate regulatory frameworks and widespread corruption, endangering national security by funding militia groups. The country’s geography complicates enforcement, as many mineral deposits are in remote, inaccessible areas. The influx of Chinese miners has raised concerns over exploitative practices, environmental degradation, and links to local conflicts, particularly in Nigeria’s north where conflict-induced displacement has created a cheap workforce for mining operations.

Nigeria’s crackdown on illegal mining reflects its urgent need to regulate an industry marked by corruption and violence. The government’s establishment of mining marshals and recent arrests signal a drive to restore order and revenue in the extractive sector. The involvement of foreign nationals underscores the complexity of this issue, intertwining economic, social, and environmental factors.

Original Source: www.voaafrica.com

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Nigeria and UAE Look to Strengthen Trade in Mining Sector https://nigeriamining.today/2024/11/03/nigeria-and-uae-look-to-strengthen-trade-in-mining-sector/ Sun, 03 Nov 2024 10:02:37 +0000 https://nigeriamining.today/2024/11/03/nigeria-and-uae-look-to-strengthen-trade-in-mining-sector/ Dr. Dele Alake has urged for improved Nigeria-UAE trade relations in the mining sector, focusing […]

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Dr. Dele Alake has urged for improved Nigeria-UAE trade relations in the mining sector, focusing on legalising gold trade and reducing illegal activities. A new economic forum is planned to strengthen ties further, with broad participation from UAE companies to enhance investment in Nigeria.

Dr. Dele Alake, Nigeria’s Minister of Solid Minerals Development, has advocated for stronger trade relations between Nigeria and the UAE, particularly in the mining sector. During a meeting with UAE Ambassador Salem Shaeed Al Shamsi, Alake highlighted the historical relationship spanning over 50 years and the potential for expanding trade in solid minerals. Alake pointed out that while gold trade exists between the two countries, much of it is illicit. He proposed collaborating to combat illegal gold trading and to devise a regulatory framework that would legitimise this trade to benefit both nations. He also noted Nigeria’s vast mineral wealth and the UAE’s role as a central hub in mineral commerce, emphasising the mutual advantages of a closer partnership. Ambassador Al Shamsi reaffirmed the UAE’s commitment to enhancing its longstanding relations with Nigeria, referring to recent developments such as lifting visa restrictions and signing a Memorandum of Understanding (MOU). He announced an upcoming Nigeria-UAE economic forum in Nigeria with participation from numerous major UAE companies to boost Foreign Direct Investments (FDI). Both nations agreed to form a technical committee aimed at tackling illegal mineral trade and promoting legitimate business practices.

The mining sector is crucial for both Nigeria and the UAE, with Nigeria possessing various valuable minerals and the UAE serving as a key trading hub. Over the last fifty years, the two countries have developed a significant bilateral relationship that can be further enhanced through strategic collaboration in legitimate mineral trade. Alake’s focus on combating illegal activities in the gold market and fostering legitimate trade underlines the importance of a structured regulatory approach.

The meeting between Dr. Alake and Ambassador Al Shamsi marks a pivotal step in solidifying Nigeria-UAE relations, especially in the mining sector. The proposed collaboration aims to legalise gold trading and promote investment opportunities, indicating a bright future for trade between the two nations.

Original Source: freedomonline.com.ng

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