The Nigerian government has dismissed rumors of relinquishing mining rights to France after President Bola Tinubu’s visit. A Memorandum of Understanding was signed to enhance collaboration in the mining sector. Officials confirmed the agreement supports sustainable practices and does not compromise Nigeria’s sovereignty over its resources.
The Nigerian government has firmly rejected rumors suggesting that it has ceded its mining rights to France following President Bola Tinubu’s official visit to the country. The visit resulted in a Memorandum of Understanding (MoU) to foster collaboration on critical minerals value chains. Sunday Dare, the Special Adviser for Media & Public Communication, clarified that the agreement focuses on enhancing cooperation in areas such as research, training, and skill development within the mining sector. He emphasized that it does not imply any loss of sovereignty over Nigeria’s natural resources, but rather seeks to promote sustainable mining and mitigate environmental impacts.
Dare stated, “The French are not taking over. Nowhere in the document was it agreed or suggested that Nigeria has signed away mining rights to the French, nor does it connote anything against Nigeria’s economic and security interests as being maliciously circulated. No.” The government reiterated its commitment to retaining full control over its resources while utilizing the MoU to bolster the nation’s mining capabilities and propel economic growth.
The dialogue surrounding Nigeria’s mining sector has gained significant attention due to recent allegations that the country may be compromising its autonomy by engaging with foreign partners. After President Bola Tinubu’s visit to France, speculation arose regarding the impact of the newly established MoU on Nigeria’s sovereignty over its mining rights. This context is critical as Nigeria seeks to cultivate its natural resources effectively while navigating international partnerships aimed at economic development.
In conclusion, the Nigerian government has convincingly dispelled rumors regarding the relinquishment of its mining rights to France, affirming its commitment to maintaining sovereignty over its natural resources. The MoU established between the two nations aims to foster collaborative efforts that will enhance the mining sector’s sustainability and operational capacity, thereby contributing positively to Nigeria’s economic landscape.
Original Source: newscentral.africa
