Nigeria, Oct. 1 -- The Health of Mother Earth Foundation (HOMEF) has raised concerns over the recently signed Nigeria-United States mineral investment framework, warning that the push to attract American capital into Nigeria's mining sector could deepen environmental degradation and expose host communities to "another cycle of extractivism".

The federal government and the United States signed the framework on 23 September to attract American investment into Nigeria's estimated $700 billion mineral resources.

The agreement was signed by the Minister of Solid Minerals Development, Dele Alake, and the US Deputy Secretary of State, Christopher Landau, on the sidelines of the 81st United Nations General Assembly in New York.

According to th...