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Nigeria’s Mineral Wealth Surpasses $700 Billion, Declares Alake

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Nigeria’s Mineral Wealth Surpasses $700 Billion, Declares Alake....KINDLY READ THE FULL STORY HERE▶

Dele Alake, Nigeria’s minister of solid minerals, has revealed that the country’s mineral resources are currently valued at over $700 billion.

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Alake made the statement while speaking at an event on the sidelines of the United Nations General Assembly, with the theme: “From critical minerals to energy transition: Africa in the driver’s seat.”

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He said there is potential for further discoveries, demonstrating Nigeria’s readiness to meet the growing global demand for these essential resources.

Highlighting the significance of the solid mineral development sector, Alake stated that President Bola Ahmed Tinubu has made it a central focus of his administration, with the ambitious goal of making it a pivotal contributor to Nigeria’s national Gross Domestic Product.

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He emphasised that Nigeria boasts abundant resources such as lithium, graphite, and rare earth elements.

He pointed out that valuable minerals like lithium, graphite, nickel, and more are found within Nigeria’s borders, and there is a steadfast commitment to developing the entire value chain within the country.

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Alake invited foreign investors to participate in Nigeria’s solid mineral sector.

He highlighted the deliberate incentives offered by the government to attract investment, including capital allowances of up to 95% for qualifying capital expenditure, tax holidays ranging from 3 to 5 years, the possibility of capitalising spending on exploration and surveys, and free transferability of foreign currency through the Central Bank of Nigeria for servicing foreign loans and remittances of foreign capital, among other benefits.

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He also articulated Nigeria’s determination to be vital in the evolving global landscape, particularly within the solid mineral sector.

”Our goal is clear: Nigeria is well-positioned to play an important role in our new world, and we’re ready to collaborate.

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”President Tinubu’s vision for the solid mineral sector is ambitious, and we are determined to make it a reality,” the minister said.

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Edo Govt Confirms Release of 38 Arrested Ambrose Alli University Students

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According to Nivo News, the Edo State Commissioner for Education, Paddy Iyamu, has announced that all 38 students of Ambrose Alli University, Ekpoma, who were arrested during last weekend’s protest, will be released.....KINDLY READ THE FULL STORY HERE▶

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Speaking on Channels Television’s Sunrise Daily programme on Wednesday, Iyamu confirmed that some students were released on Tuesday, with the remainder set to be freed on Wednesday. He explained that the state government had been working tirelessly overnight to ensure the students’ release.

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The Commissioner noted that the protest, which resulted in property damage, was orchestrated by unscrupulous individuals from outside Edo State. He emphasized that the government remains committed to peace and unity, urging that demonstrations should be conducted in an orderly manner. Iyamu recalled that during a peaceful protest on May 13, 2025, students were received by Governor Monday Okpebholo, highlighting the importance of following due process during demonstrations.

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He added that following the restoration of order in Ekpoma, academic activities have been approved to resume. “We have released the communiqué this morning. Students are to return to school on Monday. Normalcy has been restored, and security agencies are actively ensuring peace is maintained,” Iyamu said.

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Cubana ChiefPriest Blasts Otti’s Critics, Vows Political Payback In 2027.

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According to Nivo News, Nigerian celebrity entrepreneur Okechukwu Pascal, popularly known as Cubana ChiefPriest, has described politicians who criticise Abia State Governor, Alex Otti, as malicious, vowing that such figures will be rejected by voters in the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

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ChiefPriest made the remarks while reacting to criticisms from Nollywood actress Doris Ogala and former Abia State Governor, Orji Uzor Kalu, who had alleged that Governor Otti was merely rehabilitating old roads instead of constructing new ones.

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In a strongly worded post shared on his Instagram page, the businessman accused unnamed politicians of resorting to what he termed “empty praise” of President Bola Tinubu as a strategy to shield themselves from accountability over alleged corruption. He argued that Governor Otti, alongside Imo State Governor Hope Uzodimma, stands out as one of the few leaders in the South-East delivering tangible development rather than recycled promises.

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Drawing from personal experience, ChiefPriest said the level of infrastructural growth currently visible in Abia and Imo States was unprecedented, stressing that the progress witnessed in recent years surpassed anything he had seen growing up in Aba. He dismissed other political actors in the region as unserious, accusing them of making noise without delivering meaningful results.

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The celebrity businessman further declared that Governor Otti and Governor Uzodimma represent the genuine leadership forces in the South-East, insisting that the electorate would no longer tolerate what he described as deception and underperformance. He warned that politicians who continue to attack Governor Otti would face political rejection at the polls in 2027.

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ChiefPriest also praised Governor Uzodimma’s influence and leadership within the region, describing him as a stabilising force whose role has been instrumental in sustaining political cooperation and progress in the South-East. He concluded by expressing confidence that the region was on an upward trajectory under the current crop of leadership.

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Tinubu Govt Recognises Military Bravery As Fallen Officers Receive National Awards.

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According to Nivo News, the Federal Government has bestowed national honours on a number of serving officers and retired personnel of the Nigerian Army, including a brigadier general who lost his life in active service, in recognition of outstanding bravery, innovation and exemplary leadership.....KINDLY READ THE FULL STORY HERE▶

The honours were presented on Tuesday night during the 2026 Armed Forces Celebration and Remembrance Day Gala held at the State House Banquet Hall in Abuja. Details of the awards were disclosed in an official statement issued by the Director of Army Public Relations, Colonel Appolonia Anele.

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Among those honoured was the late Brigadier General Musa Uba, who received a posthumous Gallantry Award for his exceptional courage and frontline leadership during counter-insurgency operations in Borno State. The army noted that General Uba was killed in November 2025 after his team was ambushed by terrorists near Wajiroko along the Damboa Road while transporting military equipment.

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The Chief of Army Staff, Lieutenant General Waidi Shaibu, was decorated with the Service and Sacrifice Award in recognition of his leadership in military operations and his role in strengthening internal security strategies across various operational theatres. The same category also recognised Major General Abdulsalami Enesi Abubakar, Theatre Commander of Operation HADIN KAI, and Major General Faruk Mijinyawa, former General Officer Commanding of the 81 Division in Lagos, for their outstanding operational leadership and commitment to duty.

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Brigadier General Usman Ahmad received the Mission Success Award for his decisive role in repelling multiple terrorist attacks under intense pressure while sustaining operational effectiveness. In the area of innovation, Colonel Ibrahim Mohammed Gero was honoured for designing a modified ballistic gunboat now deployed under Operation DELTA SAFE.

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The late Colonel B. Umaru was posthumously awarded the Intelligence, Surveillance and Reconnaissance Excellence Award for his contributions to Operation HADIN KAI, while Lieutenant Colonel Thomas Ebisingha Alari received the Fallen Heroes Award in recognition of his efforts in counter-terrorism operations in the North-East.

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In the veterans’ category, former Chief of Army Staff, Lieutenant General Tukur Yusuf Buratai (retd.), was presented with the Legacy (Service and Sacrifice) Award for his military reforms between 2015 and 2021, as well as his diplomatic service as Nigeria’s Ambassador to the Republic of Benin.

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Speaking at the event, President Bola Ahmed Tinubu, represented by the Minister of Information and National Orientation, Mohammed Idris, called on members of the Armed Forces to remain disciplined, loyal and united, describing them as custodians of Nigeria’s democracy. He also announced the approval of two national initiatives, the “Thank-A-Soldier Electronic Wall” and the “My Nigerian Hero Campaign,” aimed at deepening public appreciation for military service.

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The Armed Forces Celebration and Remembrance Day is observed annually to honour fallen heroes, celebrate serving personnel and acknowledge the enduring contributions of veterans in safeguarding Nigeria’s sovereignty.

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