Alake advocates mineral equity to avoid debt trap
The Minister of Solid Minerals Development, Dr. Oladele Alake has urged mineral- rich African countries to use the proven mineral reserves of their countries as equity in joint ventures instead of taking loans that worsen the plight of their people. At a Ministerial Roundtable on Powering Africa in Washington DC, United State, recently, Alake deplored unwholesome pressure on African governments …