Minister of Solid Minerals Development, Dr Dele Alake, weekend, called for synergy to drive global energy transition as Nigeria is open for global partnerships to achieve it. Alake made call at the ongoing Organisation for Economic Cooperation and Development, OECD, Forum in Paris, France, according to a statement signed by the Minister’s Special Assistant on Media, Segun Tomori. The Minister underscored the importance of global partnerships in building a resilient and sustainable mining sector while he pointed out the critical role of mining in the global shift toward greener energy, and emphasized the need for smarter site selection, optimized operations, sustainable processing, waste management, and environmental stewardship as a responsibility owed to future generations—not merely a policy aspiration. He said: “With the emergence of the global energy transition, there has never been a more critical moment for decisive leadership.
“The future of electricity, transportation, telecommunications, and indeed global prosperity depends on the work we do here. Let us embrace this opportunity—not just to discuss change, but to drive it.” Meanwhile, he (Alake) showcased Nigeria’s proactive steps to attract investment into its solid minerals sector, saying the Tinubu-led administration has provided investor-friendly incentives including import duty waivers, accelerated capital allowances, and tax holidays. According to him, these incentives are being implemented alongside robust reforms that prioritize sustainable extraction, domestic processing, and enhanced infrastructure connectivity.
“These reforms are already delivering results. In the first quarter of 2025 alone, Nigeria generated N6.96 billion in mining license fees, formalized over 1,200 artisanal and small-scale mining cooperatives, and registered 118 private mineral buying centers. Our Mining Cadastral Office processed nearly 1,000 title applications, with hundreds of licenses approved to accelerate responsible development. Nigeria is ready to work with global partners to promote responsible sourcing, encourage beneficiation, and deliver long-term economic value”, he said.
Also as the Chairman, Africa Mineral Strategy Group, AMSG, he (Alake) also highlighted Africa’s strategic importance in the global energy transition, noting the continent’s growing share in the global supply of critical minerals such as cobalt, lithium, copper, and tantalum. Therefore, he called for a paradigm shift from Africa, being mere exporters of raw materials to becoming leaders in value-added processing and high-value mineral supply chains.
“As Chair of the Africa Mineral Strategy Group (AMSG), I work closely with my counterparts across the continent to advance a shared agenda of value addition, resource mobilization, and responsible development. Our focus is clear—unlocking inclusive growth from Africa’s vast mineral wealth.” He also maintained that there is the need for cooperation, and stressed that building resilient, transparent, and ethical mineral supply chains requires multi-stakeholder collaboration between governments, private sector, civil society, and the local communities.
Nigeria ready to work with global partners to promote responsible energy transition
