In order to stimulate economic growth, investment, and innovation, the federal government has stated its intention to cultivate strategic international mining alliances.
Dr. Doris Uzoka-Anite, the Minister of State Finance, spearheaded the effort at the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, where she highlighted Nigeria’s abundance of natural resources and its willingness to work with international partners.
The minister stated in a statement released by Mohammed Manga, Director of Press and Public Relations: “With our abundant resource base and a renewed focus on innovation, sustainability, and investment.”
“As we unlock the enormous opportunities in these sectors, we invite global investors to partner with us as we position Nigeria as a leader in the global minerals and energy landscape.”
The Future Minerals Forum, according to Doris Uzoka-Anite, who is attending the Minerals Forum with Mr. Dele Alake, Minister of Solid Minerals, is a sign that Nigeria is open for business.
The forum, the premier venue for influencing the future of minerals worldwide, brought together more than 14,000 delegates from 178 nations, including entrepreneurs, industry professionals, and government leaders.
In keeping with its Renewed Hope Agenda, the Nigerian delegation’s participation demonstrated the nation’s abundant resource wealth and the administration of President Bola Ahmed Tinubu’s willingness to work with international partners to promote growth in mining, energy, and other sectors to strengthen the nation’s economy.
Nigeria’s mining industry was promoted as a top investment destination by Uzoka-Anite during the forum, which included strategic talks with the Saudi Governor for the General Authority for Foreign Trade, a courtesy visit to the Saudi Vice Minister for Finance, and fruitful meetings with business leaders at the Federation of Saudi Chambers of Commerce.
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Nigeria’s position as a preferred partner was highlighted during a collaborative session with the Saudi Ministry of Energy and prominent stakeholders, including Mr. Wale Tinubu, the CEO of Oando Plc. The session focused on partnership opportunities in mining and energy.
The discussions offered a forum for deeper economic relations between Saudi Arabia and Nigeria, with an emphasis on mining and energy cooperation prospects.
Nigeria’s status as a preferred partner was emphasized, underscoring the unrealized potential of its assets.
Nigeria’s efforts to promote economic growth through mining partnerships have reached a major turning point with the Future Minerals Forum.
