Nigerian Government Refutes Claims of French Control Over Mining Sector

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The Nigerian government denies rumors of a French takeover of its mining sector, clarifying that a newly signed MOU focuses on collaboration rather than control. It emphasizes the importance of sustaining natural resources while promoting training and sustainable mining practices.

The Nigerian government has officially refuted claims suggesting that it has transferred control of its mining industry to France. This response follows President Bola Tinubu’s recent visit to France, during which a Memorandum of Understanding (MOU) was signed aimed at collaborating on critical minerals value chains. According to Sunday Dare, the Special Adviser for Media & Public Communication to President Tinubu, the MOU is designed to enhance cooperation in research, training, and skills development, assuring that French involvement does not equate to a takeover.

In light of evolving global mining dynamics and increasing interest in critical minerals, Nigeria has been exploring partnerships to bolster its mining sector. The recent MOU between Nigeria and France has sparked rumors regarding a potential loss of control over Nigerian mining resources. The government has responded decisively to these speculations, stressing its commitment to maintaining sovereignty over its natural wealth while fostering international cooperation to improve mining practices.

In summary, the Nigerian government has unequivocally dismissed claims of a French takeover of its mining sector, emphasizing that the MOU signed during President Tinubu’s visit to France is intended to promote sustainable practices and enhance mining capabilities. The government maintains complete control over its natural resources and is focused on advancing economic development through international collaboration.

Original Source: newscentral.africa

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