Politics

Tinubu Calls for Overhaul of Global Financial Architecture on Africa’s Mineral Resources

President Bola Tinubu has called for a total rephase of the global financial framework governing Africa’s mineral resources, stressing that it is time for African nations to finance their own mineral sector and assert greater influence in global supply chains.

The President, represented by Vice President Kashim Shettima, made the call at the Second Africa Minerals Strategy Group (AMSG) High-Level Roundtable on Critical Minerals Development in Africa, held on the margins of the 80th Session of the United Nations General Assembly in New York City.

Tinubu emphasized that protecting the sovereignty of African nations requires bold steps to ensure that the continent’s vast mineral wealth directly benefits its people. He recommended collective action by development allies and international partners to fast-track Africa’s mineral economy, describing it as essential for long-term growth and continental prosperity.

The President also urged African leaders to work in synergy, not only to attract sustainable investment but to guarantee value addition and stronger participation of the continent in the global mineral value chain.

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