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National

Nig Clinches Africa Minerals Strategy Group Chairmanship

todayFebruary 6, 2024

Background

Ngeria broke new grounds in the global mining industry on Monday by clinching the chairmanship of the newest mining pressure group “the Africa Minerals Strategy Group” AMSG.

Minister of Solid Minerals Development, Dr. Dele Alake was unanimously elected as the pioneer chairman of the group.

This is contained in a statement signed by the Special Assistant on Media
to the Minister of Solid Minerals Development, Segun Tomori in Abuja.

According to the statement while signing the resolution, Dr. Alake charged African leaders to forge a common front to get maximum benefits from the mineral resources on the continent.

It stresses that the era of carting away solid minerals is over, charging countries on the continent to speak with one voice on value addition as a prerequisite for investment in the mining sector.

“Today, there is economic scramble for Africa. The critical metals needed for the energy transition are in Africa. Therefore, if we do not come together this time around and take our destinies in our hands, we will go through the same harrowing experiences of the past. That is why we formed this body”.

The statement says Nigeria and Uganda in January rallied African Ministers of Solid Minerals/ Mineral Resources on the sidelines of the Future Minerals Forum (FMF) in Riyadh Saudi Arabia, on the need to unite and champion value addition in the mining sector to boost the economy of African countries.

” Let those who want our minerals know that if you go to country A, you have the same regulations and laws guiding the sector. You go to country B, you find the same. So, there is no divide and rule anymore. That is when we can show sincerity of purpose, and the world will begin to take Africa seriously. On behalf of our president, I pledge our full support to achieve our objectives, “the Minister states.

The event which is the 30th edition of the AMSG held in South Africa, was attended by ministers of mineral development of Uganda, Democratic Republic of Congo (DRC), Sierra Leone, Somalia, South Sudan, Chad, Botswana, Zambia and Namibia.

According to the statement nore than 15 countries have pledged support with the list expected to grow as the AMSG under Nigeria’s leadership swings into action.

PR/Georgina Humphrey

Written by: Safiya Wada

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