G20 Summit: Tinubu Urges Fair Benefits for Africa’s Critical Mineral Hosts!
G20 Summit: Tinubu Urges Fair Benefits for Africa’s Critical Mineral Hosts!
Reported by Marian Opeyemi Fasesan | Sele Media Africa
At the G20 Leaders’ Summit, President Bola Ahmed Tinubu called on world powers to create a more equitable global framework that ensures African communities hosting critical mineral resources receive fair economic and developmental returns.
“Africa cannot continue to be the raw-material supplier without value. The communities bearing the burden of extraction must also enjoy the benefits,” Tinubu stated during a high-level panel on energy transition and inclusive growth.
Key Details:
- Tinubu stressed that while Africa holds vast deposits of lithium, cobalt, and other transition minerals, it remains sidelined in global value chains.
- He called for technology transfer, fair pricing, environmental protections, and local job creation as part of global mineral deals.
- Nigeria, under Tinubu, is seeking increased foreign investment while insisting on resource justice and partnership-based models.
Why It Matters:
- The push reflects growing African sentiment against extractive models that enrich foreign firms while leaving local communities impoverished.
- With demand for critical minerals rising due to the global clean energy shift, Africa is gaining leverage—but also risks exploitation.
- Tinubu’s comments signal Nigeria’s intent to be a vocal advocate for reform at global economic forums.
What to Watch:
- Whether the G20 adopts language or policies reflecting African demands.
- Reactions from mining giants and trade partners with interests in Africa.
- Regional cooperation among African states on collective mineral negotiation strategies.
Sources:
- Reuters
- Al Jazeera
- G20 India 2025 Official Communiqué
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