He went on to note that Nigeria must require local value addition for new mining licenses, strengthen geological data and investor access, organize artisanal miners into cooperatives, combat illegal mining, and improve regulatory accountability
“Revenue rose from approximately ₦6 billion in 2023 to over ₦38 billion in 2024 and between ₦68.1 billion and ₦70 billion in 2025. Major foreign investment commitments and large-scale lithium processing capacity developed and commissioned in Nasarawa State demonstrate the possibilities,” he added.

He drew attention to his administration’s mining policy direction, which stipulates that minerals extracted in Nigeria must sustain Nigerian industries, workers, skills, and communities, saying ongoing reforms indicate that firm terms can attract serious capital.
Offering other African nations the Nigerian experience for adaptation across the continent, he called for reliable partnerships grounded in mutual benefit, shared responsibility, sovereign equality and respect for our priorities, with fair market access, industrial investment and technology partnerships that build African capabilities.

He implored member countries of the AMSG to speak with one voice to promote Africa’s collective interest, insisting that reliability must never mean dependency, and partnership must never demand inequality.

On the Continental Integration and Economic Assurance Declaration adopted and signed at the Roundtable, he said it must establish a predictable, investment-ready environment for Africa’s Strategic Mineral Corridors, harmonised policies, responsible investment and shared infrastructure.

He stated that the Declaration’s authority must survive the signing ceremony through a binding programme with timelines, financing, implementation and public accountability, even as he urged African nations to specify national and regional contributions; development finance institutions and sovereign investors to propose financing platforms.

Declaring the roundtable open, he reiterated that Africa’s power resides in its people, markets and ingenuity. “No outsider will organise our continent or place our industrial interests above their own. We must integrate our markets, mobilise African capital and negotiate with one voice wherever our interests converge. Our industrial growth can strengthen global prosperity, the energy transition and secure supply chains. Minerals confer no automatic prosperity; vision, investment and industry must earn it. Political will must turn mineral promise into enduring African wealth,” he said.

Earlier, AMSG chair and Minister, Solid Minerals, Dele Alake, said the group is proposing a Continental Integration and Economic Assurance Declaration (CIEAD) as a landmark continental framework designed to establish a unified architecture for Africa’s critical and solid minerals value chains.

He said the strength of the gathering reflected the journey and progress made in Africa’s solid minerals sector as manifested in the growth of the Africa Minerals Stategy Group (AMSG).
He urged African countries that have yet to join the group to do so in the bid to ensure synergy of efforts, ideas and resources needed for Africa’s natural resources. He observed that Africa’s minerals ambitions cannot be realised by policy implementation alone as fully integrated partnership designed across financial transactions and infrastructure development as the way forward.

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On his part, Kenya’s Minister of Blue Economy and Maritime Affairs, Mr. Hassan Ali Joho, underscored the importance of domestic resource mobilisation as a catalyst for solid mineral development in Africa and beyond.

He added that for members of the AMSG to achieve holistic transformation, members must stay transparent, competitive and work towards greater alignment of licensing procedure while respecting the sovereignty of member states of the group.