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Home Government Nigeria, France Partner on Mineral Value Chain 
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Nigeria, France Partner on Mineral Value Chain 

By
Segun Tomori
-
December 1, 2024
France president,Emmanuel Marcon, Minister of Solid Mineral. Dele Alake and President Bola Ahmed Tinubu displaying the MoU paper signed in France
France president,Emmanuel Marcon, Minister of Solid Mineral. Dele Alake and President Bola Ahmed Tinubu displaying the MoU paper signed in France

Nigeria, France Partner on Minerals Value Chain 

Nigeria and France have agreed to develop joint projects to promote and diversify the critical minerals value chain in the solid minerals sector of both countries.

Critical minerals such as copper, lithium, nickel, cobalt, and rare earth elements are essential to clean energy technologies.

 

In the Memorandum of Understanding (MOU) signed by both countries on the sidelines of the official visit to France by President Bola Ahmed Tinubu

recently, both countries agreed to collaborate on research, training and Franco-Nigerian students exchanges for knowledge and skills transfer.

 

A key component of the MOU is the promotion of sustainable mining activities by executing projects and programmes that reduce the environmental impact of mining on carbon emissions, water consumption, and climate change.

 

It also includes the establishment of joint excrative and processing projects through co-financing by public and private entities to diversify and secure the supply of critical minerals and decarbonise energy projects critical to the value chain.

 

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Dr. Alake signed for Nigeria while the Inter-Ministerial delegate for Critical Ores and Metals of the Republic of France, Mr Benjamin Gallezot, signed on behalf of France.

 

Both nations agreed to adopt international best practices in the execution of projects conceptualised to improve the conditions of the local populace affected by mining whilst placing premium on transparency.

 

The MOU is expected to open new opportunities for the remediation of over 2,000 abandoned pits in the country through its plan to intervene in environmental rehabilitation and post-mining projects.

 

Through regular bilateral and multilateral training, seminars, and events, administrators of institutions in the critical metals sector are expected to improve their capacity to manage the sector’s value chain.

 

Describing the deal as a boost to the efforts of the Tinubu administration to reposition Nigeria’s solid minerals sector for international competitiveness, Alake stressed that the ministry would leverage the partnership to open up the mining sector to French investors.

 

 Segun Tomori

Special Assistant on Media

to the Honourable Minister of Solid Minerals Development.

 

1st December, 2024

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Troops Repel Boko Haram Attack in Gwoza, Recover FirearmsTroops Kill Three Terrorist Leaders in Sokoto Ambush, Recover WeaponsNavy Arrests 9 Impostors Operating as Fake Coast Guards in Akwa IbomArmy Dismisses Allegations of Delayed Promotions, Stagnant AllowancesCourt Remands TikToker Arrested by DSS for claiming President Tinubu diedDeath, you can’t be Proud of this By Abdulrahman Abdulraheem Tinubu Mourns Veteran State House Correspondent, Leon UsigbePolice Arrest 22 Cultists in OgunEnugu Police Raid IPOB/ESN Hideout, Nab 25 Militants, Recover FirearmsTroops Eliminate Notorious Bandit Kingpin ‘Dan Dari Biyar’ in Sokoto OperationTinubu, NUJ, Police, and Military Mourn the Death of Gusau EmirCustoms Moves Against 223 Importers in N379bn Permit BreachCOAS Endorses NDC’s Research on Advanced Military TechnologiesAnambra Police Arrest Suspected Child Trafficker, Rescue 11 Abducted ChildrenHis Death is a National Loss - Tinubu Mourns Emir of Gusau
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