Tinubu seeks an end to exploitation of Africa’s natural resources

President Bola Tinubu has urged member countries of the African Minerals Strategy Group (AMSG) to speak with one voice in promoting Africa’s collective interests and ensure value addition, to prevent the continent from becoming merely a source of raw materials for the rest of the world.

The President gave the charge when he received a delegation of AMSG in the State House.

The AMSG is a forum of Ministers in charge of Mining and Solid Minerals on the continent. The Nigerian leader is the Grand Patron of the group, which is chaired by Nigeria’s Minister of Solid Minerals Development, Dele Alake.

The Nigerian government had established mechanisms to end era of exporting raw minerals without local processing and beneficiation.

Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement, said the President had noted that “the era must give way to a new model that encourages investment in local industries, technology transfer and the development of value chains that retain wealth within Africa”.

Tinubu told the delegation that the group has a critical role to play in strengthening Africa’s bargaining power in the global mineral market and ensuring that the continent derives maximum value from its natural resources.

“What we should do is avoid bureaucracy and deceit; we must put an end to exploitation. The rest of the world won’t mind if your country is a cesspit of dams and rubbish and excavates your raw materials without giving value.

“It is our responsibility to collaborate and cooperate to ensure that these metals and minerals bring value to us, bring technology to us, and we can do it.

” It is how much each country will put into the research, development and refinery. I don’t see reasons we cannot demand centralisation of that conversation somewhere on the continent. So why not utilise that in our research and development and knowledge-based economy to enhance the quality of life and bring prosperity to our people,” the President said.

President Tinubu emphasised that Africa possesses enormous mineral wealth that should be strategically harnessed to drive industrialisation, create jobs and accelerate economic transformation across the continent.

Dele Alake, The chairman of AMSG and Minister of Solid Minerals Development, in his remarks, expressed gratitude to the President for his exemplary leadership under the Renewed Hope Agenda, which, according to him, has shown support for Nigeria’s mineral sector, especially in the local value-addition and economic diversification drive, where artisanal miners are empowered.

He said other African countries are emulating this approach.

“You encouraged us to look at the focal point of the establishment of this group, which is to ensure that the African natural resources, especially with regards to minerals, critical matters, are localised, the beneficiation coming directly to Africans generally.

“You charged us that we should set our sails very high and ensure that local value addition is a pivot around which all the objectives of this organisation should revolve.

“So, sir, we have gone implemented your charge and we are quitted that today local value addition is reverberating all over Africa.”

He added that some member countries have gone ahead to ban the export of raw minerals.

Alake also said that the President that AMSG members are in Abuja for the Fifth edition of the African Natural Resources and Energy Investment Summit (AFNIS 2026), where leaders are expected to push for a new continental approach to resource management and industrial development.

The Summit, with the theme “One Africa. One Resource Vision aims to position Africa as a major player in the global critical minerals value chain by promoting beneficiation, industrialisation and strategic cooperation among member states.

Alake reiterated AMSG’s commitment to upholding Africa’s interests, particularly in increasing the value and revenue accruing to the continent from its mineral sector, in line with President Tinubu’s enduring appeals.