According to Mr Alake, this synergy will attract investments, build skills, and help diversify Nigeria’s economy for long-term growth and stability.
minister Dele Alake and South Africa’s mineral resources minister Gwede Mantashe.
Nigeria and South Africa have signed a Memorandum of Understanding (MoU) to boost mining cooperation, focusing on investment, knowledge exchange, and technology transfer.
The agreement was signed in Abuja by solid minerals development minister Dele Alake and South Africa’s mineral resources minister Gwede Mantashe.
A statement on Wednesday said the MoU was part of efforts to strengthen ties under the Nigeria–South Africa Bi-National Commission framework.
It noted the agreement sets out specific areas of collaboration alongside defined implementation timelines for joint activities and engagements in the mining sector.
“Both ministers pledged ongoing engagement to advance intra-African trade and implement practical steps outlined in the agreement,” it said.
The ministers also expressed optimism that the renewed partnership would significantly strengthen the mining industries of both countries through shared expertise and innovation.
Key highlights include capacity building in geological methods using UAVs and applying spectral remote sensing technologies for mineral exploration and mapping.
Other areas cover geoscientific data sharing via the Nigeria Geological Survey Agency, training in mineral processing, and value-addition initiatives.
The MoU also supports capacity building in elemental fingerprinting with LA-ICP-MS and joint exploration of agro and energy minerals within Nigeria.
Mr Alake restated that bilateral cooperation holds promise for industrialisation, employment generation, and sustainable economic development across the African continent.
“The agreement on geology, mining, and mineral processing will foster knowledge exchange, promote investment, and encourage regional integration,” Mr Alake stated.
He reiterated Nigeria’s focus on developing its mining sector, noting mutual benefits through mineral wealth and South Africa’s technological expertise.
According to Mr Alake, this synergy will attract investments, build skills, and help diversify Nigeria’s economy for long-term growth and stability.
SUBSCRIBE TO OUR NEWSLETTER NOW
Support MATAZ ARISING’ journalism of integrity and credibility.
Good journalism ensure the possibility of a good society, an accountable democracy, and a transparent government.
We ask you to consider making a modest support to this noble endeavour.
TEXT AD: To advertise here – Email ad@matazarising.com
LATEST POSTS
-
Two surveillance aircraft arrive in Ibadan to enhance statewide security
MaTaZ ArIsInGDallas, Texas The two surveillance aircraft acquired by the Oyo State Government to strengthen intelligence gathering and aerial security operations have arrived in Ibadan. The Commissioner for Information, Dotun Oyelade, announced the development in a statement on Tuesday, saying the arrival of the aircraft fulfilled the government’s earlier assurance that they would be delivered before the…
-
Tinubu Fires Back At Critics, Says Economy Rescued, Terrorists Will Be Defeated As Catholic Bishops Push For Credible 2027 Polls
MaTaZ ArIsInGDallas, Texas President Bola Tinubu, on Tuesday, strongly defended his administration’s handling of Nigeria’s economy and security, declaring that the country has been rescued from the brink of bankruptcy while assuring Nigerians that terrorism, banditry and kidnapping will ultimately be defeated. Nigeria oil market The President also dismissed concerns over the integrity of the…
-
El-Rufai’s Doctor Confesses to Authoring Medical Report Disowned by Hospital
MaTaZ ArIsInGDallas, Texas The medical doctor at the centre of the controversy surrounding a medical report submitted in support of former Kaduna State Governor Nasir El-Rufai’s bail application has admitted preparing the document but denied taking part in any plan to forge or falsify records. Dr. Bello Abubakar, a Chief Consultant Clinical and Radiation Oncologist at the…
