HOMEF raises alarm over Nigeria-US mining pact, warns against ‘oil curse’ repeat
The Health of Mother Earth Foundation (HOMEF) has raised concerns over the recently signed Nigeria-United States mineral investment framework, warning that the push to attract American capital into Nigeria’s mining sector could deepen environmental degradation and expose host communities to “another cycle of extractivism”.
READ ALSO: Minna’s Cell of Death: Survivors recount how 37 mining suspects died in NSCDC custody A separate report received by the Ministry of Solid Minerals Development also identified Nigeria’s lithium, copper and bauxite resources as potentially important to the global clean-energy transition, while stressing the need for the country to retain more value from its mineral resources.
The federal government and the United States signed the framework on 23 September to attract American investment into Nigeria’s estimated $700 billion mineral resources.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.