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Solid Mineral Development : President Tinubu Wants African Leaders To Be Patriotic, Proactive In Wealth Management

Last updated: July 17, 2024 8:44 pm
10 months ago
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3 Min Read
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President Bola Tinubu has asked African leaders in the solid minerals sector to be patriotic and proactive in the management of the natural wealth of the continent.

Speaking when he received a delegation of African Ministers of Solid Minerals under the auspices of African Minerals Strategy Group (AMSG) at the State House, President Tinubu urged the ministers to defend Africa against illegal exploiters of the continent’s mineral resources.

The President said;
“We will lead the continent to self-realization on the value of our minerals and economic ingenuity, and this will occur as we free it from undue exploitation and abuse,’’

In his remarks, Chairman of the
African Minerals Strategy Group
Dele Alake, Minister of Solid Minerals, said the group was formed out of necessity and the realization of the “divide and rule tactics’’ that have weakened the negotiating power of African countries in the global market.

He explained that among the various international fora held to strategize on solid minerals in Africa, the one in Riyadh, Saudi Arabia, early in the year brought up many issues, especially on the need for Africans to seize the opportunity that the global energy transition offers.

MUST READ:Solid Mineral Sector : Tinubu Insists On Local Value To Put Nigeria Ahead

“The world needs critical metals for energy transition; green energy, and these critical metals are largely deposited in Africa. So, African nations and representatives at that Riyadh Conference came together and decided that if we do not come together and speak with one voice, then those who have exploited Africans for centuries will continue to do so.”

Alake explained that if Africa comes together to form a common policy direction, when an investor comes to Nigeria and meets a brick wall, he will meet a brick wall in all other African countries and will be compelled to return to the first country.

“So, the issue of divide and rule which has been a mechanism used to exploit our continent for centuries will no longer be tenable.

(Editor : Ena Agbanoma)

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