Tuesday, July 16, 2024

Nigeria Calls for Closer Cooperation with Iran in Mining Sector

Nigerian Minister of State for Mines and Steel Development Abubakar Bawa Bwari called for closer ties with Iran in various areas of mining industry.

In a recent meeting with Iranian Ambassador to Nigeria Morteza Rahimi Zarchi, Bwari stated that Iran is advanced in coal to power and mining exploration which Nigeria could benefit from.

The minister said the two countries shared a lot in common as members of the Organization of Petroleum Exporting Countries (OPEC), in diversification of their economies due to the global fall in oil prices as well as in mining.

He added that Iran, in terms of mining technology, can impart Nigeria positively, AllAfrica reported on Friday.

Ambassador Rahimi Zarchi stressed that Nigeria and Iran are both exploring other sources of revenue by diversifying the economy in mining and agriculture, adding that Iranian investors were interested in partnering with Nigeria in the mining sector.

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