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.

The French government plans to enhance the capabilities of the Nigerian Geological Survey Agency (NGSA) by upgrading its laboratory and equipping it with advanced technology. This initiative follows a Memorandum of Understanding (MoU) signed with Nigeria, announced during the Future Minerals Forum in Riyadh, Saudi Arabia. Benjamin Gallezot led the French delegation while Nigeria was represented by Minister of Solid Minerals Development, Dele Alake.

Moreover, the commitment extends to funding geological data exploration for the NGSA. A statement from Kehinde Bamigbetan, Alake’s Special Adviser, emphasized the initiative’s impact on promoting critical mineral projects in Nigeria. Gallezot indicated that his department is evaluating French companies interested in investing in Nigeria’s mining sector to ensure the credibility of prospective investors.

Minister Alake expressed gratitude for Gallezot’s collaboration in developing the MoU aimed at enhancing the two countries’ solid mineral sectors. Bamigbetan also addressed misconceptions regarding the MoU, clarifying that Nigeria is not conceding control over its mineral resources or forming a military alliance with France. The minerals forum serves as an essential platform for fostering understanding and collaboration between the two nations.

NGSA’s Director-General, Prof. Olusegun Ige, highlighted that the absence of advanced technology has hindered exploration efforts in areas rich in mineral deposits. He stressed the importance of cultivating local expertise through international exposure, noting that mining requires ongoing training and skill transfer to remain competitive globally.

This article discusses France’s commitment to upgrading Nigeria’s geological surveying capabilities through modern technological resources. The agreement, made at an international minerals forum, signifies an effort to strengthen cooperation in the mining sector between Nigeria and France, with an emphasis on sustainable development and value chain enhancement in critical minerals. This move also aims to address the existing challenges within Nigeria’s mining industry.

In conclusion, France’s pledge to upgrade Nigeria’s Geological Survey Agency marks a significant step in enhancing the country’s mining capabilities. The partnership will not only provide advanced technology and funding but will also foster international collaboration and expertise development, essential for tapping Nigeria’s mineral wealth effectively. Addressing public misconceptions highlights the importance of clear communication in international agreements.

Original Source: freedomonline.com.ng

The post France to Enhance Nigeria’s Survey Agency with Advanced Technology first appeared on Nigerian Mining News.

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.