MOU - Nigerian Mining News https://nigeriamining.today Sat, 01 Feb 2025 07:38:51 +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 MOU - Nigerian Mining News https://nigeriamining.today 32 32 Nigeria and France Collaborate to Enhance Mining Development https://nigeriamining.today/2025/02/01/nigeria-and-france-collaborate-to-enhance-mining-development/ Sat, 01 Feb 2025 07:38:48 +0000 https://nigeriamining.today/2025/02/01/nigeria-and-france-collaborate-to-enhance-mining-development/ Nigeria and France are strengthening ties to enhance local mining development through a recent MOU […]

The post Nigeria and France Collaborate to Enhance Mining Development first appeared on Nigerian Mining News.

]]>
Nigeria and France are strengthening ties to enhance local mining development through a recent MOU signed in Paris, which promotes sustainable practices, environmental rehabilitation, and investor engagement. The initiative aims to attract French investments into Nigeria’s mining sector and facilitate knowledge exchange and capacity building in mining operations.

Nigeria and France have initiated actions to implement the Memorandum of Understanding (MOU) signed last month in Paris aimed at enhancing local mining development. This was discussed during the Future Minerals Forum held in Riyadh between Dele Alake, Nigeria’s Minister of Solid Minerals Development, and Benjamin Gallezot, France’s inter-ministerial delegate for strategic minerals. The MOU focuses on sustainable mining, environmental protection, and energy decarbonisation.

Gallezot mentioned that his department is evaluating applications from French companies interested in investing in Nigeria’s mining sector. A shortlist of eligible investors will be sent to the Nigerian Ministry of Solid Minerals Development. Alake acknowledged the cooperation that led to the MOU’s establishment, countering any misinformation from political opposition regarding its objectives.

The collaboration between Nigeria and France aims to boost the mining sector in Nigeria by enhancing sustainable practices and cutting environmental impact. The MOU facilitates research partnerships, student training, and rehabilitation of abandoned mining sites. This partnership arises amidst a global focus on sustainable mining and resource management, which could attract investments and modernize Nigeria’s mining infrastructure.

Both countries are committed to fostering a robust mining sector through their MOU, focusing on sustainability, advanced technology, and investor engagement. Discussions at the forum highlighted essential areas such as artisanal mining and geological exploration, paving the way for improved mining laws and practices. The collaboration is expected to generate significant positive outcomes for Nigeria’s mining landscape.

Original Source: businessday.ng

The post Nigeria and France Collaborate to Enhance Mining Development first appeared on Nigerian Mining News.

]]>
Nigeria and France Enhance Mining Collaboration through MOU https://nigeriamining.today/2025/01/23/nigeria-and-france-enhance-mining-collaboration-through-mou-2/ Thu, 23 Jan 2025 20:14:28 +0000 https://nigeriamining.today/2025/01/23/nigeria-and-france-enhance-mining-collaboration-through-mou-2/ Nigeria and France are enhancing their mining collaboration through a new MOU focused on technological […]

The post Nigeria and France Enhance Mining Collaboration through MOU first appeared on Nigerian Mining News.

]]>
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

The post Nigeria and France Enhance Mining Collaboration through MOU first appeared on Nigerian Mining News.

]]>
France Commits to Upgrading Nigeria’s Geological Survey Agency Laboratory https://nigeriamining.today/2025/01/21/france-commits-to-upgrading-nigerias-geological-survey-agency-laboratory/ Tue, 21 Jan 2025 07:22:03 +0000 https://nigeriamining.today/2025/01/21/france-commits-to-upgrading-nigerias-geological-survey-agency-laboratory/ France plans to upgrade the NGSA lab with advanced tech following a MoU with Nigeria. […]

The post France Commits to Upgrading Nigeria’s Geological Survey Agency Laboratory first appeared on Nigerian Mining News.

]]>
France plans to upgrade the NGSA lab with advanced tech following a MoU with Nigeria. This initiative includes funding geological data exploration and verifies investors for Nigeria’s mining sector. Political misinformation about the MoU was addressed, highlighting the importance of local expertise in mining.

France plans to enhance the Nigerian Geological Survey Agency (NGSA) laboratory by providing advanced technological equipment as part of a recent agreement. This commitment arose from discussions related to a Memorandum of Understanding (MoU) signed with Nigeria. The French delegation, led by Inter-ministerial Delegate Benjamin Gallezot, announced this at the Future Minerals Forum in Riyadh, Saudi Arabia, alongside Nigeria’s Minister of Solid Minerals Development, Dele Alake.

The agreement will also include funding for geological data exploration for the NGSA. Following the MoU announcement, there will be collaborative projects aimed at promoting the value chain of critical minerals in both nations. Gallezot shared that efforts are underway to verify suitable French investors interested in Nigeria’s mining sector to ensure they are credible.

At the meeting, Alake thanked Gallezot for the collaboration towards the MoU, which focuses on developing the solid minerals sector. Allegations from political opponents claiming Nigeria would lose control over its mineral resources were dismissed as misinformation. The Future Minerals Forum served as a platform to enhance cooperation between the two countries in designing joint programmes.

Professor Olusegun Ige, Director-General of NGSA, indicated that the lack of advanced equipment has hindered exploration in mineral-rich areas. He highlighted the importance of enhancing local expertise through international exposure and continuous training, crucial for a global mining business.

France’s commitment to upgrading the NGSA’s laboratory is part of a broader strategy to strengthen ties with Nigeria through the MoU signed in December 2024. This initiative is expected to stimulate the solid minerals sector in both countries by promoting investments and facilitating knowledge transfer. Addressing the technological gap in Nigeria will enhance exploration efforts and ensure the region can better utilise its mineral resources.

The collaboration between France and Nigeria aims to foster development in the solid minerals sector through technological upgrades and joint projects. By verifying French investments and enhancing local expertise, the partnership seeks to optimise Nigeria’s mineral resources management while dispelling misinformation associated with the MoU. This initiative marks a significant step toward strengthening bilateral relations and supporting Nigeria’s mining capabilities.

Original Source: aljazirahnews.com

The post France Commits to Upgrading Nigeria’s Geological Survey Agency Laboratory first appeared on Nigerian Mining News.

]]>
Nigeria and France Enhance Mining Collaboration Through MOU https://nigeriamining.today/2025/01/20/nigeria-and-france-enhance-mining-collaboration-through-mou/ Mon, 20 Jan 2025 21:12:17 +0000 https://nigeriamining.today/2025/01/20/nigeria-and-france-enhance-mining-collaboration-through-mou/ Nigeria and France have reinforced their mining partnership by signing an MOU. At the Future […]

The post Nigeria and France Enhance Mining Collaboration Through MOU first appeared on Nigerian Mining News.

]]>
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

The post Nigeria and France Enhance Mining Collaboration Through MOU first appeared on Nigerian Mining News.

]]>