AFNIS 2024: Only mining licences with ‘local value addition’ will be issued to investors — Tinubu

President Bola Tinubu has instructed the Ministry of Solid Minerals Development to issue mining licences to investors only if tied to “local value-addition” to curb losses incurred during the export of mineral resources.

The President, who Vice President Kashim Shettima represented, disclosed this while delivering opening remarks at the ongoing third edition of the Africa Natural Resource and Energy Investment Summit (AFNIS) in Abuja on Wednesday.

Delegates seated at 3rd edition of the Africa Natural Resource And Energy Investment Summit (AFNIS) in Abuja. [PHOTO: George Ogala – PREMIUM TIMES]