Nigeria has called for a new global framework that ensures that communities hosting critical minerals including in Africa in share in the benefits, urging a rewrite of the international financial rules.
The country’s position was delivered at the G-20 summit in South Africa by Vice President Kashim Shettima who represented President Bola Tinubu.
He stressed that Africa’s mineral wealth must lead to value‑addition, local beneficiation and transparent extraction, warning that the issue is moral as well as economic and advocating for fairer trade practices.
Nigeria also backed the creation of universal ethical standards for artificial intelligence, AI, arguing that technology should empower rather than exclude, while highlighting the need for bold reforms to address recurring debt crises that hamper developing nations.
Vice President Shettima echoed that without collective G-20 action, Africa cannot achieve a sustainable development path, emphasising the urgency of a more equitable global financial architecture.
(Editor: Terverr Tyav)
