Feb 16 • 11:09 UTC 🇳🇬 Nigeria Punch

Africa should be primary beneficiary of its mineral resources — UN chief

UN Secretary-General António Guterres emphasizes that African nations must take precedence in benefiting from their mineral resources, advocating for sustainable industrial policies to end exploitation.

The United Nations Secretary-General, António Guterres, has made a strong appeal for African countries to become the primary beneficiaries of their rich mineral resources, asserting that the long-standing practices of exploitation and inequitable value chains should cease. In a recent post on X, Guterres highlighted the urgent need for fair and sustainable industrial policies that enable African nations to derive full economic value from their vast natural wealth. He reiterated the importance of ensuring that the benefits of these resources flow directly to the people of Africa rather than external entities who have historically profited from them.

Guterres's comments come at a time when global competition for critical minerals such as lithium, cobalt, and rare earth elements is intensifying. These materials are crucial for advancing clean energy technologies, electric vehicles, and modern manufacturing, which heightens the stakes for African nations that are rich in these resources. The Secretary-General's call for equitable practices aims to empower African countries to negotiate better deals and foster local industries that can create jobs and generate income, thus transforming their economies.

The implications of Guterres's statements are significant, as they underscore a shift in the narrative surrounding Africa's mineral wealth. By demanding fair treatment and sustainable practices, the UN chief is advocating not just for economic justice, but also for a structural change in how mineral resources are managed and utilized in Africa. This paradigm shift could lead to greater self-determination for African nations and a more equitable global economy, provided that measures are taken to assure that the policies are effectively implemented and upheld.

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