Nigeria Pushes for Global Mineral Resource System Reform

Nigeria advocated for a global financial system overhaul governing Africa's mineral resources at the UNGA80, stressing the need for African nations to finance their mineral sectors and secure economic independence. Vice President Kashim Shettima emphasized the importance of unity in safeguarding resources like cobalt, lithium, and gold, urging leaders to leverage sovereign funds and innovative tools.

He outlined strategies to enhance Africa's mineral value chain and accelerate exploration efforts. The Vice President commended reforms in Nigeria, Zimbabwe, Gabon, and Kenya to boost local beneficiation of raw materials.