The federal government has announced its commitment to forming global mining partnerships aimed at driving economic growth and fostering innovation.
In a statement on Sunday, Mohammed Manga, director of information and public relations at the ministry of finance, said Doris Uzoka-Anite, minister of state for finance, spoke of the federal government’s readiness to engage with international investors at the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia.
Uzoka-Anite highlighted Nigeria’s vast mineral resources and invited investors to unlock the opportunities.
“With our rich resource base and a renewed focus on innovation, sustainability, and investment, we are positioning Nigeria as a leader in the global minerals and energy landscape,” the statement reads.
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“We invite global investors to partner with us as we unlock the immense opportunities in these sectors.”
Uzoka-Anite, alongside Dele Alake, minister of solid minerals, showcased Nigeria’s resource potential and reinforced the government’s openness to business under President Bola Tinubu’s renewed hope agenda.
According to the statement, Uzoka-Anite engaged in high-level discussions with the Saudi governor for the general authority for foreign trade and met with the Saudi vice-minister for finance.
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She also held meetings with industry leaders at the Federation of Saudi Chambers of Commerce, presenting Nigeria’s mining sector as a lucrative investment destination.
“Additionally, a collaborative session with the Saudi Ministry of Energy and notable stakeholders, including Mr. Wale Tinubu delved into partnership opportunities in energy and mining, underscoring Nigeria’s position as a partner of choice,” the statement reads.
“These engagements paved the way for strengthened economic ties between Nigeria and Saudi Arabia, with a focus on partnership opportunities in energy and mining.
”Nigeria’s position as a partner of choice was underscored, highlighting the untapped potential of Nigeria’s resources.”
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The director said the engagements are expected to pave the way for stronger economic ties between Nigeria and Saudi Arabia, with an emphasis on leveraging Nigeria’s untapped mineral resources.
Manga said the forum, which attracted over 14,000 participants from 178 countries, served as a platform for government leaders, industry experts, and innovators to shape the future of the global mining sector.
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