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U.S. Pledges Collaborative Effort to Enhance Nigeria’s Mining Sector

By Femi Akinola

Geoffrey Pyatt, the Charge d’Affairs of the United States (US) Embassy in Nigeria, expressed the United States’ commitment to collaborating with Nigeria in developing its mining sector.

During a recent courtesy visit to the office of the Minister of Solid Minerals Development, Dele Alake, Pyatt outlined the potential for U.S. investment in extracting and processing Nigeria’s minerals.

He also pledged support in providing training and knowledge transfer to enhance the security of Nigeria’s mining environment.

Pyatt commended Nigeria’s renewed focus on solid minerals, emphasizing the sector’s significant potential to rival the contribution of oil to the country’s economy.

Recognizing the global shift from fossil fuels to critical metals, he stressed the importance of strategic collaboration between the two nations.

The Charge d’Affairs assured Minister Dele Alake that the U.S. is actively exploring investment opportunities throughout Nigeria’s mining value chain.

Pyatt highlighted the mutual benefits of such collaboration, aligning with the global transition towards sustainable energy sources.

Minister Dele Alake reciprocated the positive sentiment, lauding the longstanding alliance between the U.S. and Nigeria. He emphasized the significance of smooth bilateral relations, particularly in the context of the mining sector’s development.

Alake highlighted the fruitful engagement with Geoffrey Pyatt during the Mines and Money conference in London, where they discussed the need to diversify Nigeria’s economy and align with global efforts to reduce emissions.

“We want to be part of the move to reduce global emissions and put our mining sector on the global map. We have critical minerals in high demand worldwide,” stated Minister Dele Alake.

He welcomed the prospect of partnership with the U.S., particularly in investments in the mining value chain, technology access for extracting and processing minerals, and the security of mining areas.

The collaboration reflects a shared commitment to fostering economic diversification, global environmental goals, and the prominence of Nigeria’s mining sector on the international stage.

 

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