Nigeria is looking to increase the mining sector's share of its GDP. To do this, the country wants to conduct negotiations with the United States on the financing of mining projects

On the sidelines of the Mines and Money conference last week in London, the Nigerian Minister for Solid Minerals launched the partnership between Nigeria and the United States during discussions with Deputy Secretary for Energy and Natural Resources Amé Ricain, Geoffrey Pratt. Nigeria has indicated that it needs massive investments to realize its huge mining potential and increase the sector's share, currently less than 1% of GDP, in the local economy. Washington could help mobilize these investments, in order to secure part of the lithium supply for its electric vehicle battery industry.

According to the U.S. Assistant Secretary of Energy and Natural Resources, “energy minerals such as lithium are critical to the global clean energy movement and to the production of electric cars. The United States will coordinate with relevant agencies to collaborate with their Nigerien counterparts and develop a framework for this partnership