HomeBusinessFG seeks Lagos-Dakar minerals corridor to unlock Africa’s mineral wealth

FG seeks Lagos-Dakar minerals corridor to unlock Africa’s mineral wealth

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The Federal Government and the African Development Bank have called for stronger African control over the continent’s vast mineral resources, saying Africa must stop allowing its natural wealth to leave its shores in raw form while importing finished products made from the same resources.

The call was made by the Minister of Solid Minerals Development, Dele Alake, at the Ministerial Forum on Critical Minerals, Value Chain and Beneficiation: Pathways for African Transformation, organised under the auspices of the African Development Bank in Abidjan, Côte d’Ivoire.

Alake also called for the establishment of a West African minerals processing corridor stretching from Lagos to Dakar and modelled on the Lobito Corridor in Central and Southern Africa.

This was contained in a statement issued on Sunday by the minister’s Special Assistant on Media, Lara Owoeye-Wise.

The forum brought together more than 20 ministers responsible for mining, energy, industry, natural resources and the green

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