Nigeria-Canada Mining Sector Partnership
Analysis based on 12 articles · First reported Feb 27, 2026 · Last updated Feb 27, 2026
The collaboration between Nigeria and Canada in the mining sector is expected to attract significant foreign direct investment into Nigeria, boosting its economy and diversifying it from oil. This partnership could also enhance Canada's trade relations in Africa and provide new opportunities for Canadian mining companies.
Nigeria is actively seeking to partner with Canada to reform and develop its mining sector. Henry Dele Alake, Nigeria's Minister of Solid Minerals Development, met with Pasquale Salvaggio, the Canadian High Commissioner to Nigeria, to discuss leveraging Canada's advanced mining technology and expertise. The partnership aims to attract foreign direct investment, enhance capacity building for mining professionals, formalize artisanal mining, and promote technology transfer. Key incentives offered by Nigeria include tax waivers on imported mining equipment and full repatriation of profits. Canada expressed readiness to facilitate investment and expand training programs, including a 2025 program at the University of Calgary. Both nations agreed to establish a joint working group to identify priority areas and actionable timelines. The ratification of the stalled Foreign Investment Promotion and Protection Agreement (FIPA) was also discussed as crucial for enhancing investor confidence. This initiative aligns with President Bola Tinubu's commitment to economic growth and job creation through FDI.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard