Pastor wrestles burglar who breaks into church during thanksgiving Tax reform bills: Zulum adamant, insists only Lagos, Rivers will benefit Fiorentina, Inter Milan match suspended after midfielder Edoardo Bove collapses
Nigeria, France sign agreement on mining sector development
In a bid to galvanize the mining sector, Nigeria and France, weekend, signed a Memorandum of Understanding, MoU, to address numerous challenges including remediation of over 2,000 abandoned mining pits across the country.
Both countries also agreed to develop joint projects to promote and diversify the critical minerals value chain in the solid minerals sector of both countries.
According a statement signed by the Special Assistant on Media, Segun to the Minister of Solid Minerals Development, Segun Tomori, the 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.
READ ALSO:
“The Minister of Solid Minerals Development, Dr Dele 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”, Tomori said.
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.”
Jetour set to ignite Lagos with four-day automotive experience Lovers of sophisticated and elegant…
EFCC Debunks Fake Wanted Poster of Sabinus The Economic and Financial Crimes Commission (EFCC) has…
Israel Questions Pakistan’s Credibility as Mediator in US‑Iran Ceasefire Talks Israel has publicly doubted Pakistan’s…
Making Up for Lost Sleep Might Be Healthier Than Experts Once Believed — What Science…
Sleeping Positions: How They Affect Your Health and Which Ones to Avoid Sleep is essential…
Thousands Rally Across Iran to Honour Late Supreme Leader Khamenei Thousands of Iranians took to…