- UNGA80: Tinubu Pushes for Investment in Nigeria, Africa’s Mineral Wealth
- Tinubu highlighted the dangers of Africa’s historic role as a mere exporter of raw materials
- Tinubu added that global investment in Africa’s mineral sector would not only empower local economies but also ease strategic tensions between major economies competing for critical resources
President Bola Ahmed Tinubu has called on global leaders to invest in Nigeria and Africa’s abundant mineral resources, stressing that such partnerships will diversify international supply chains, reduce global tensions, and create shared prosperity.
Eko Hot Blog reports that while speaking on Wednesday at the 80th session of the United Nations General Assembly (UNGA) in New York, Tinubu highlighted the dangers of Africa’s historic role as a mere exporter of raw materials, which he said had fueled inequality and instability.
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“Africa, I must include Nigeria, has in abundance the critical minerals that will drive the technologies of the future,” Tinubu said.
He urged investors to prioritize exploration, development, and local processing across the continent rather than extracting and exporting raw resources.
According to him, producer nations deserve tangible benefits through investment, jobs, and technology transfer.
Tinubu added that global investment in Africa’s mineral sector would not only empower local economies but also ease strategic tensions between major economies competing for critical resources.
“Investment in exploration, development and processing of these minerals in Africa will diversify supply to the international market, reduce tensions between major economies and help shape the architecture for peace and prosperity,” he stated.
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