The Government of Finland has expressed interest in supporting Nigeria in the development of its geological prospects and entire mining sector. This was declared when officials of the Geological Survey of Finland visited the minister of mines and steel development, Kayode Fayemi (photo), in Abuja, Business Day reports.
According to Philipp Schmidt-Thomé, the leader of the Finish delegation, their aim is not to imitate what they have done in Finland and other countries, but to collaborate with the Nigerian Geological Survey Agency in identifying the areas of need, help the country in the development of the industry and also provide support in terms of capacity building.
Speaking during the visit, the Nigerian Minister of mines and steel development revealed that while Nigeria is rich in mineral with large green fields, it is doing less than other African countries like Ghana, Burkina Faso, Mali and Cote d’Ivoire in the development of its mineral resources. Fayemi added that with the government’s renewed drive in developing the sector, the country is willing to work together with any country that has immeasurable experience in solid mineral development.
Anita Fatunji
• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...
Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Afric...
• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...
Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Afric...
• Greece to send navy ships off Libya to curb migrant surge.• Mitsotakis urges EU, Libya coordination on border control.• Migration pressure persists; EU...
Burkina Faso’s Center for the Promotion of Poultry and the Multiplication of High-Performance Animals (CPAMAP) has opened discussions with Brazil’s Daniel...
IMF disburses $4.87M to Comoros under $43M aid deal. Missed fiscal targets waived; most reforms on track. Growth steady at 3.3%,...
Several African nations are exploring the idea of transforming plastic or household waste into energy. The latest development comes from Gabon, where...
Lake Natron, located in northern Tanzania near the Kenyan border, is one of the most extraordinary and extreme lakes in Africa. Fed primarily by the Ewaso...
The Senegambian stone circles stand as one of the most remarkable archaeological legacies in West Africa, spread across parts of present-day Senegal and...