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The Nigerian Mining and
Geosciences Society (NMGS) has advocated increased investment in critical
mineral resources to position Nigeria as a major player in the fast expanding
renewable energy market.
Its President Prof. Akinade
Olatunji, said this during an interview with the News Agency of Nigeria (NAN)
on Tuesday in Abuja.
He spoke against the background
of NMGS conference scheduled to hold from March 17 to 22 in Jos, Plateau
NAN reports that Nigeria has 44
types of minerals with seven classified as critical for the global energy
transition.
Olatunji said that the NMGS was
determined to use its platform to showcase Nigeria’s renewable potential to
international investors while also engaging governments at all levels to do the
same.
“There is a global awareness and
reawakening regarding the need for a shift from fossil fuel dependent-energy to
sustainable renewable energy sources.
“To achieve this, there are sets
of minerals that will need to be supplied regularly to the global market for
the renewable energy technology to become affordable and sustainable’’, he
said.
He said the upcoming conference
was aimed at bringing attention to Nigeria’s potential in the global efforts to
transit to cleaner energies.
“We want the government at all
levels in Nigeria to understand the humongous potential within the geoscience
and mining sphere and encourage them to tap into it for the benefit of the
nation,” he told NAN.
He expressed confidence that at
the end of the conference, new vistas of opportunities would be opened up that
would invoke innovation among the nation’s policy makers.
Major players in the mining
industry, both locally and internationally, are expected to discuss major
developments in the mining sector, explore investment opportunities, and chart
the way forward.
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