Tinubu Calls for Control of Africa's Mineral Value Chain

On Wednesday, President Bola Tinubu addressed the 5th African Natural Resources Energy Investment Summit held at the State House Conference Centre in Abuja. He called on African countries to transform their vast natural resource endowments into real economic power, stating that Africa can no longer afford to be merely a supplier of raw materials.

Tinubu emphasized the importance of processing minerals locally to create jobs and build industrial capacity across the supply chain. He highlighted the need for a unified vision among African nations to prioritize manufacturing and industrial growth.

The President also noted that Africa's wealth in minerals positions it at the heart of the global energy transition. He urged governments, investors, and financial institutions to act courageously and swiftly to turn agreements into projects that create dignity and jobs.

Minister of Solid Minerals Development, Dele Alak, supported this vision, mentioning steps taken to revitalize the sector and attract significant investments, including projects worth $900 million in lithium processing.