Nigeria Hosts 1,000 Stakeholders to Transform Raw Materials Industry

…Targets 3 million jobs annually

By Sanni Marvelous

Nigeria is set to host over 1,000 stakeholders at the Africa Raw Materials Summit 2025, an event aimed at transforming the continent’s raw materials sector. The country is also eyeing the creation of about 3 million jobs annually from the transformation of the raw materials industry. The three-day summit, scheduled for May 20-22, 2025, will take place in Abuja.

Prof Ike Muonso, DG RMRDC. Credit: RMRDC

Speaking at a press briefing in Abuja on Monday, Director-General/CEO of the Raw Materials Research and Development Council, Professor Nnanyelugo Ike-Muonso, emphasized the summit’s significance in unlocking Africa’s vast resource wealth. The summit, themed “Shaping the Future of Africa’s Resource Landscape,” will focus on strategies for economic diversification, value addition, sustainable resource management, and investment in raw materials processing.

Africa possesses a significant share of the world’s raw materials, yet we struggle with value addition

“Africa possesses a significant share of the world’s raw materials, yet we struggle with value addition, industrial transformation, and sustainable development,” Professor Ike-Muonso noted. “The summit aims to address these critical challenges by focusing on economic diversification, investment opportunities, and sustainable extraction techniques.”

He added that the event will provide a platform for policymakers, industrial leaders, researchers, and investors to develop “actionable solutions for unlocking the full potential of Africa’s raw materials sector.”

Actionable solutions for unlocking the full potential of Africa’s raw materials sector

A key highlight of the summit is its potential to generate three million jobs annually through increased industrialization and investment in raw materials processing.

“This summit is more than just an event; it is a movement to reshape Africa’s raw materials industry,” the RMRDC boss stressed. “Stakeholders can help drive industrial transformation, strengthen local industries, create jobs, and unlock Africa’s true economic potential by attending and participating.”

The summit will feature high-level keynotes, panel discussions, networking mixers, and investor matchmaking sessions. Registration for the summit is now open. Interested participants can register via the official website:

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