Nigeria and France have strengthened their partnership in mining and infrastructure development as part of efforts to diversify the Nigerian economy. President Bola Tinubu’s government is implementing reforms in the country’s mining sector to attract global investments and reduce dependence on oil.
These reforms have paved the way for international collaborations, including with French companies, to explore Nigeria’s estimated $700 billion mining potential. The agreements between the two nations, valued at over €300 million, were made to address the remediation of over 2,000 abandoned mining pits in Nigeria.
A statement from Segun Tomori, Special Assistant on Media to the Minister, highlighted that the Memorandum of Understanding (MoU) signed during President Tinubu’s official visit to France includes plans for research, training, and student exchanges between France and Nigeria to facilitate knowledge and skills transfer.
