Economy

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.

IFP Media Wire

Reports and views published in the Media Wire section have been retrieved from other news agencies and websites, and do not necessarily reflect the opinion of the Iran Front Page (IFP) news website. The IFP may change the headlines of the reports in a bid to make them compatible with its own style of covering Iran News, and does not make any changes to the content. The source and URL of all reports and news stories are mentioned at the bottom of each article.

Recent Posts

PA says US support behind Israel’s disregard for warnings against Rafah invasion

The Palestinian Authority  (PA) has blamed the US bias for Israel’s disregard for growing opposition…

6 hours ago

IRGC cmdr.: Iran used 20% of what prepared to respond to bombing of embassy by Israel

The aerospace commander of Iran’s Islamic Revolution Guard Corps (IRGC) says during the recent Operation…

6 hours ago

US claims Russia ties embolden North Korea

US Secretary of Defense Lloyd Austin has raised the alarm over North Korea’s increasing strategic…

10 hours ago

Iran says has not barred IAEA inspectors

The head of Iran’s atomic agency says the country is cooperating with the inspectors from…

10 hours ago

Blinken ceasefire comments meant to acquit Israel: Hamas official

Senior Hamas official Sami Abu Zuhri stated that US Secretary of State Antony Blinken's comments…

13 hours ago

Iran Leader: Gaza first issue of world

The Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei says Gaza has now turned…

13 hours ago