Nigeria's Solid Minerals Minister seeks stronger UAE trade ties to combat illegal gold smuggling and establish a regulatory framework.

Nigeria's Minister of Solid Minerals Development, Dele Alake, is advocating for stronger trade ties with the UAE, particularly in solid minerals, to combat illegal gold smuggling. He proposes creating joint strategies and a regulatory framework to legitimize trade. The UAE is supportive, having lifted visa restrictions and planning a Nigeria-UAE economic forum to enhance Foreign Direct Investments. A technical committee will be formed to explore collaboration in the mining sector.

October 29, 2024
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