The federal government has stated that it is committed to developing strategic international mining alliances that will stimulate innovation, investment, and economic growth.
Leading the drive at the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, was Dr. Doris Uzoka-Anite, Minister of State Finance, who highlighted Nigeria’s abundance of natural resources and its willingness to work with international partners.
“With our rich resource base and a renewed focus on innovation, sustainability, and investment,” the minister said in a statement released by Mohammed Manga, Director of Press and Public Relations.
“We invite international investors to join us as we unlock the immense opportunities in these sectors.” “We are positioning Nigeria as a leader in the global minerals and energy landscape.”
“The Future Minerals Forum is a demonstration that Nigeria is open for business,” said Doris Uzoka-Anite, who is attending the Minerals Forum with Mr. Dele Alake, Minister of Solid Minerals.
Over 14,000 people from 178 nations attended the forum, which is the premier platform for influencing the future of minerals. Among them were entrepreneurs, industry professionals, and government leaders.
The participation of the Nigerian delegation 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 in order to strengthen the nation’s economy in accordance with its Renewed Hope Agenda.
Uzoka-Anite presented Nigeria’s mining industry as a top investment destination during the forum by holding fruitful meetings with business leaders at the Federation of Saudi Chambers of Commerce, having strategic talks with the Saudi Governor for the General Authority for Foreign Trade, and paying a courtesy visit to the Saudi Vice Minister for Finance.
The Forum highlighted Nigeria’s status as a preferred partner by holding a collaborative session with the Saudi Ministry of Energy and prominent stakeholders, such as Mr. Wale Tinubu, the CEO of Oando Plc, that explored collaboration potential in the mining and energy sectors.
With an emphasis on mining and energy collaboration potential, the interactions gave Nigeria and Saudi Arabia a platform for further economic ties.
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The unrealized potential of Nigeria’s resources was highlighted, underscoring the country’s status as a preferred partner.
An important turning point in Nigeria’s attempts to promote economic growth through mining partnerships is the Future Minerals Forum.
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