Nigeria has signed a Memorandum of Understanding (MoU) with the Republic of Türkiye to strengthen bilateral cooperation in the solid minerals sector, marking another significant step in deepening economic ties between both countries.
The partnership is expected to enhance collaboration in key areas including mining technology, mineral exploration, digitisation, and capacity building, as Nigeria continues efforts to develop a transparent, secure, and investor-friendly mining industry.
Speaking on the development, the Federal Government reaffirmed its commitment to reforms aimed at repositioning the sector for sustainable growth and attracting serious investors.
Over the past three years, the government has implemented major reforms, improved the ease of doing business, and intensified the crackdown on illegal mining activities. These measures, according to officials, are already restoring investor confidence and increasing global interest in Nigeria’s mining sector.
The government also commended the growing interest shown by Turkish investors and government officials in expanding cooperation with Nigeria across the mining, energy, and hydrocarbon sectors.
According to the government, strategic partnerships such as this will play a vital role in unlocking the full value of Nigeria’s natural resources, driving economic growth, and creating employment opportunities for citizens.
