Nigeria, Saudi Arabia pledge collaboration on mining sector development

Nigeria and the Kingdom of Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development of solid minerals as the world transitions from fossil fuels to cleaner energy.

Meeting on the sidelines of the Future Minerals Forum (FMF) holding in Riyadh, Saudi Arabia, the Minister of Solid Minerals Development, Dele Alake, and his Saudi Arabian counterpart, Bandar AlKhorayef, led the delegations of both countries to the bilateral meeting.

In his remarks, Mr Alake harped on the need to forge partnerships, emphasising that global energy transition is contingent on critical minerals, which he stated exist in abundance in Nigeria.