ocphlab.com
profobr27.ru
saintvincenthome.org
skychess.uz
xn----7sbabaaecv4babf2atrj9bfnlk8grk.xn--p1ai
1win зеркало
plinko soldi veri
Menu Close

Nigeria’s Alake re-elected as AMSG Chairman in Saudi Arabia

Dr. Dele Alake, Nigeria's Honourable Minister for Solid Minerals Development, and Other Top Officials of AMSG, in Saudi Arabia Photo: State House

*Dr. Dele Alake, Nigeria’s Minister for Solid Minerals Development is re-elected Chairman of the Africa Minerals Strategy Group, using the continent to unite, and catalyse economic growth through solid minerals

Gbenga Kayode | ConsumerConnect

Dr. Dele Alake, Nigeria’s Honourable Minister for Solid Minerals Development (FMSD), has been re-elected as the Chairman of the Africa Minerals Strategy Group (AMSG).

ConsumerConnect reports the AMSG is a continental ministerial forum of African Ministers responsible for minerals and mining.

Tax Laws: Adedeji hints at validity of Tax Clearance Certificates, meeting with KPMG officials

The Group is committed to coordinated action, aimed at maximising value addition and beneficiation from Africa’s vast mineral resources.

Dr. Alake was first unanimously, elected as the pioneer Chairman of the AMSG 2024 on the sidelines of the Future Minerals Forum (FMF).

READ ALSO: OAU’s Legacy Of Excellence, An Asset To Nigeria’s Digital And Economic Future −Minister

Tinubu seals landmark UAE’s Economic Partnership Agreement for $30bn green finance

Federal Government slams Northern Elders for alleged ignorance, mischief about location of new gold refinery

The Minister for Solid Minerals Development was re elected at the 2026 Annual General Meeting (AGM) of the group, held on the sidelines of the same conference in Riyadh, Saudi Arabia.

As part of efforts at strengthening its institutional framework, the AMSG approved the creation of additional leadership positions, including Vice-Chairman, Deputy Secretary-General, and Financial Secretary.

The Forum further resolved that these positions be equitably distributed across Africa’s sub-regions, so as to promote inclusion and regional balance.

While the positions of Chairman and Vice-Chairman are elective and reserved for serving ministers, other positions are appointed by member states to which they are zoned.

It is noted that under the new leadership structure, Nigeria’s Dr. Alake continues as Chairman of the 24-member forum, representing West Africa. Hon. Louis Watum Kabamba, Minister of Mines of the Democratic Republic of Congo (DRC), was elected Vice-Chairman, representing Central Africa.

The position of Secretary-General remains with Uganda (East Africa), Mauritania was appointed Deputy Secretary-General (North Africa), while South Africa was zoned the position of Financial Secretary.

The AGM also ratified a two-year tenure for the newly elected executive committee and agreed that zoned positions belong to member countries, such that where a serving minister is replaced, the successor automatically assumes the role.

In his acceptance speech as the re-elected Chairman of AMSG, Dr. Alake expressed gratitude to his colleagues for the renewed confidence reposed in him.

The Chairman of AMSG also emphasised the urgent need for African countries to work collaboratively to unlock the continent’s economic potentials through solid minerals development.

The Minister for Solid Minerals Development urged member states to agree on minimum financial contributions and to refine the group’s budgeting framework to strengthen its operational effectiveness.

Segun Tomori, Special Assistant to the Minister of Solid Minerals Development on Media, stated Dr. Alake said: “Once member states contribute, accountability will naturally follow.

“This will enhance transparency and strengthen the credibility of the AMSG before the global community.”

The statement disclosed the AGM later resolved to hold quarterly ministerial meetings and ratified the establishment of standing committees, including Legal, Institutional Affairs & Human Resources; Sustainability and Responsible Mining; Finance, Budget & Resource Mobilisation, among others.

It equally agreed that steps be taken towards hosting a global minerals conference in Africa, similar to the FMF.

Earlier in his speech at a Leadership Roundtable with the theme, “Africa: Unlocking Infrastructure Funding for Copper-Belt Production”—held on the sidelines of the FMF and attended by African Ministers of Minerals, development partners and private-sector stakeholders, Alake had emphasised that mineral production alone could not deliver lasting economic transformation without reliable infrastructure, coordinated policies and deliberate value-addition strategies.

The Nigerian Minister also cited the Lobito Corridor as a model of what is achievable when rail, ports, energy systems and policy alignment work in synergy.

He as well said that similar opportunities are available across the African continent.

These, he noted, include the Lagos–Abidjan Corridor linking Nigeria, Benin, Togo, Ghana and Côte d’Ivoire; the Walvis Bay Corridor connecting Southern Africa’s mining regions to global markets; the Dar es Salaam and Central Corridors serving East and Central Africa among others.

“The real question is not whether Africa has corridors, but whether these corridors are being financed, governed and structured to support industrial growth, regional integration and long-term stability.

“What matters is how financing is designed to reduce risk, attract private capital and sustain commercial viability while advancing national and regional development objectives,” Alake stated.

According to him, unlocking capital at scale requires addressing issues, such as bankable and enforceable offtake arrangements; predictable and harmonised cross-border regulatory frameworks; alignment of rail, port, power and industrial planning; and clear pathways for processing, smelting, logistics services and industrial clusters along these corridors.

He added that the broader vision of the AMSG is to ensure that Africa’s mineral infrastructure is strategically designed, responsibly financed and efficiently managed in a rapidly evolving global environment.

That is to not to discourage investment, but to ensure it aligns with long-term stability, transparency and shared economic prosperity.

Kindly Share This Story

 

 

 

 

Kindly share this story
1win.br.com
allabouteng.com
anzsee.org
erkindik.kz
montagemdevideos.com
grandpashabet
pinco giriş
пинап