Shettima Urges Africa Against Exporting Mineral Wealth Without Achieving Full Benefits
Shettima said mineral-rich communities should gain jobs, infrastructure and processing capacity as African governments adopt a declaration on value addition and financing.
- At the 81st Session of the United Nations General Assembly in New York, President Bola Tinubu rallied African nations to end raw mineral exports and shift toward local processing and integrated markets.
- Nigeria's mining sector revenue rose from 6 billion naira in 2023 to between 68.1 billion and 70 billion in 2025, demonstrating how domestic beneficiation and stricter regulatory frameworks can transform regional economies.
- Member countries signed the Continental Integration and Economic Assurance Declaration to establish unified critical mineral policies, while AMSG Chairman Dele Alake proposed a facility to improve artisanal mining safety and formalization.
- With informal mining claiming over 200 lives in Congo this year, leaders urged nations to avoid competing through weaker local-content requirements and instead negotiate with one voice.
- "For generations, Africa has furnished the materials of prosperity elsewhere," Tinubu declared, emphasizing that the continent must leverage technology partnerships with the United States Government to ensure future industrial growth.
19 Articles
19 Articles
Shettima Urges Africa Against Exporting Mineral Wealth Without Achieving Full Benefits
Speaking on behalf of President Bola Tinubu at the Third Africa Minerals Strategy Group High-Level Roundtable in New York, Shettima said Africa could not regard itself as wealthy while communities located around mineral deposits remained poor.
Africa must stop exporting raw minerals and start building industries - Shettima - TV360 Nigeria
Vice President urges African countries to coordinate mineral policies, develop regional processing hubs and ensure communities hosting mineral resources benefit from the continent’s vast wealth….. Africa must fundamentally change the way it exploits its mineral resources, Vice President Kashim Shettima has said, warning that the continent cannot continue exporting raw minerals while remaining on the …
Tinubu Urges Africa To End Raw Mineral Exports
Nigerian President Bola Ahmed Tinubu has called for stronger cooperation among African countries to end raw mineral exports and ensure the continent captures more… The post Tinubu Urges Africa To End Raw Mineral Exports appeared first on Latest Breaking News - News Central TV.
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