Niger's Military Junta Moves to Nationalise Uranium Company

In a bold move reflecting its commitment to sovereignty, Niger's military junta has announced plans to nationalise the uranium company Somaïr, operated by French energy giant Orano. The decision marks a significant development in the ongoing rift between Niger and its former colonial power, France. Since the military takeover in 2023, Niger has increasingly sought to leverage its rich mineral resources for the benefit of its citizens while fostering closer ties with Russia.

The junta's announcement emphasizes the belief that nationalisation will lead to improved management of resources and ensure the wealth generated from mining directly benefits the Nigerien population. Niger is notably the seventh largest uranium producer globally, boasting some of the highest-grade ores on the continent. Although Orano has been present in Niger for over 40 years, the junta previously seized operational control, prompting the company to pursue legal recourse against the government's actions.

Historical agreements facilitated by France have often been viewed as mechanisms of neocolonial influence, leading to public sentiment favoring greater independence. However, experts caution that uncertainties surrounding the mining sector could jeopardize local employment and revenue streams. As tensions rise, Niger stands at a critical juncture in redefining its economic landscape and international alliances.

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