Nigeria vital to global green energy transition – Miners

The Miners Association of Nigeria has said that Nigeria, which has huge mineral deposits, is needed for the global transition from fossil to green energy.

The President of the Association, Mr Dele Ayanleke, said this during the press conference in Abuja for the upcoming 8th edition of Nigeria Mining Week.

He said, “The whole world is in transit from the era of fossil energy to green energy. And Nigeria, being a destination to the huge deposit of minerals needed for this transition, it is imperative for stakeholders to come together to offer ideas to our policy makers on the ways to pragmatically turn our resources into huge economic growth and development by accelerating the process of industrial revolution, taking advantage of the nation’s mineral endowments.”

Also, speaking at the press conference, the Permanent Secretary of the Ministry of Mines and Steel Development, Dr Mary Ogbe, said that the mining week is an opportunity for Nigeria to showcase its mineral resources to investors and drive conversations between the government, mining operators, investors, and other relevant stakeholders.

She said, “The Nigeria Mining Week serves as a unique platform that brings together government officials, mining companies, investors, technology providers, and various stakeholders to engage in insightful discussions, knowledge sharing, and collaboration aimed at unlocking the full potential of Nigeria’s mining industry.

“With a rich history of mineral resources, Nigeria stands poised to harness its mineral wealth for sustainable economic growth and development.”

Also, an Assistant Manager at PwC, Chuma Amazigo, stressed that the mining sector is significant for Nigeria’s diversification agenda.

He said, “The mining sector remains one of the key sectors that would contribute significantly to the diversification agenda of the current administration and the need to move Nigeria into a non-oil dependent economy.”

The 8th Edition of the Nigeria Mining Week is scheduled to hold October 16 – 18, 2023, in Abuja, offering a platform for investors to explore potential investment opportunities within Nigeria’s mining ecosystem.