By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Firm NewsFirm NewsFirm News
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Security
  • Entertainment
  • Aviation
  • Education
  • Energy
  • Health
  • Sports
  • Video
Reading: Tinubu tasks Africa to End Foreign Exploitation of Minerals, Push Local Processing
Share
Notification Show More
Font ResizerAa
Firm NewsFirm News
Font ResizerAa
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Security
  • Entertainment
  • Aviation
  • Education
  • Energy
  • Health
  • Sports
  • Video
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Firm News > Blog > Business > Tinubu tasks Africa to End Foreign Exploitation of Minerals, Push Local Processing
Business

Tinubu tasks Africa to End Foreign Exploitation of Minerals, Push Local Processing

Firmnews
Last updated: June 24, 2026 8:25 am
Firmnews
5 months ago
Share
SHARE

…hosts African Minerals Strategy Group in Abuja,

President Bola Tinubu has called for African unity to protect the continent’s mineral wealth, saying governments must prioritize local value addition and stop foreign interests from exploiting Africa’s critical minerals.

The President spoke while receiving a delegation from the African Minerals Strategy Group at the State House, Abuja. The group brings together African ministers of mining and solid minerals. Nigeria’s Solid Minerals Development Minister, Dele Alake, chairs the group, with Tinubu serving as Grand Patron.

“We must put an end to exploitation,” Tinubu said. He stressed that Africa should no longer allow its raw materials to be extracted without creating jobs, value, and technological growth on the continent.

He urged member states to boost investment in research, development, and mineral processing. Africa’s vast resources, he said, should drive industrialization, economic growth, and shared prosperity.

The President argued that exporting raw minerals without local beneficiation must give way to policies that support domestic processing, technology transfer, and value chains that keep wealth in African economies.

Tinubu also called for stronger collaboration among African countries to build a common framework for research and innovation in mining, noting it would help raise living standards across the continent.

Earlier, Minister Dele Alake praised the President’s backing for reforms in Nigeria’s mining sector under the Renewed Hope Agenda, especially moves toward local value addition and economic diversification.

You Might Also Like

FCCPC says illicit spirits trade threatens lives, fair competition; calls for shared accountability
Nigeria’s Foreign Reserves Hit $55.25bn as CBN Cuts Interest Rate to 23%
BIPC to Host Benue 2035 Economic Transformation Summit, Targets $5bn Investment
Tax Reform: JRB Reviews One-Year Progress, Says Burden Eased for Poor, Small Businesses
CBN: Nigeria Records $947m Remittance Inflows in July
TAGGED:AFNIS
Share This Article
Facebook Email Print
Previous Article One Dead, Eight Injured in Amman Stampede During Jordan’s World Cup Viewing
Next Article Kwara APC Leaders Back Danladi Salihu for 2027 Governorship as Elders, stakeholders say primaries followed due process
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one News Platform in Nigeria.

  • Home
  • News
  • Politics
  • Business

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.

Powered by CookieAdmin
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by CookieAdmin
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?