SA and Nigeria enhance trade and mining cooperation

MINISTER in the Presidency Khumbudzo Ntshavheni has revealed that South Africa and Nigeria are bolstering their bilateral relationship through high-level talks aimed at boosting trade, investment, and regional cooperation in the mining sectors.

- SIYABONGA SITHOLE

“South Africa and Nigerias cooperation in the oil and gas sector. The Cabinet was apprised of the technical resolutions between South Africa and Nigeria following Minister Gwede Mantashe’s visit to Nigeria to discuss cooperation in the mining, oil, and gas sectors as part of the South Africa/Nigeria Bi-National Commission.

“Nigeria seeks to develop its mining sector through exploration and production of its vast mineral resources and to leverage South Africas vast experience in the mining sector. South Africa has an interest in securing oil allocations and liquid petroleum gas from Nigeria, and also to learn from Nigeria’s vast experience in oil and gas exploration,’ she said.

Yesterday, Ntshavheni addressed the media following a Cabinet meeting on Wednesday, which took various resolutions on some of the country’s latest local and international political developments, including the establishment of the commission to investigate police corruption recently announced by President Cyril Ramaphosa.