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FG Rakes in ₦6 Billion from Mining Fees in Q1 2025, Registers 118 New Buying Centers
The Federal Government of Nigeria has announced that it generated a total of ₦6.96 billion in mining-related fees during the first quarter of 2025. This was revealed by the Minister of Solid Minerals Development, Dele Alake, in a statement released on Monday.....KINDLY READ THE FULL STORY HERE▶
The report also noted that 118 new private mineral buying centers were registered within the same period, signifying increasing investor interest and participation in the sector.
In Q1 2025, the Mining Cadastral Office (MCO) received 955 applications for mining titles. These included 651 applications for exploration licenses, 270 for small-scale mining, 49 for quarrying, and 24 for reconnaissance permits. Out of these, 867 licenses were approved — comprising 512 exploration licenses, 295 small-scale mining leases, 60 quarry leases, and 5 mining leases.
Minister Alake emphasized that these developments reflect the government’s commitment to revitalizing the mining sector and attracting both local and international investors. He also reiterated plans to halt the export of raw minerals without processing them locally.
He further disclosed progress on the creation of the Nigerian Solid Minerals Corporation, a new government-backed entity that aims to elevate Nigeria’s mining industry onto the global stage. This initiative is being developed in partnership with the Ministry of Finance Incorporated (MOFI) and is expected to open investment opportunities for ordinary Nigerians through a public offering.
Highlighting international collaborations, Alake noted that the French government has committed to equipping the laboratory of the Nigerian Geological Survey Agency (NGSA) and training young Nigerian geologists. Western Australia has also approved a training program for Nigerian mining professionals, while investments from the UK, Saudi Arabia, and South Africa continue to expand the mineral value chain.
Additionally, Nigeria has assumed leadership of the newly-formed African Minerals Strategy Group (AMSG), which seeks to promote local beneficiation across the continent and reduce the export of unprocessed minerals.
Alake concluded by affirming the government’s dedication to policies that add value to the mining sector and make Nigeria a key player in Africa’s mineral development agenda.
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“FCT University Set to Launch Under Tinubu Government – Wike”.
.....KINDLY READ THE FULL STORY HERE▶
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has announced that the FCT University of Science and Technology in Abaji will begin operations during President Bola Tinubu’s administration.
Wike made the revelation on Tuesday while on a thank-you tour of Abaji Area Council, appreciating residents for supporting Tinubu’s candidates in the February 21 FCT area council elections.
He noted that the FCT Administration is already putting in place the necessary infrastructure and essential facilities to ensure the university’s successful launch.
Wike urged the community to remain patient, assuring that the university would become a reality within Tinubu’s tenure.
“From our discussions, it is clear how significant this university is, not only for the people of Abaji but for all FCT residents. It will create jobs and drive development in the community. I would be honored to officially open the university for operations,” he said.
The minister emphasized that his visit was to thank residents for keeping their promise to support the President, highlighting the importance of acknowledging positive deeds.
Describing politics as a reciprocal process, Wike stressed that the era of empty promises was over:
“Leaders must demonstrate their commitment to delivering good governance. You cannot make promises during elections and vanish afterward without fulfilling them. We asked you to support Tinubu, starting with the area council elections. On February 21, you came through, delivering 133 of the 135 polling units in the council for Tinubu. What more can we say but thank you? You have done your part; we will now do ours. Abaji people have spoken, and they spoke decisively,” he said.
Wike also praised the outgoing Abaji Area Council Chairman, Abubakar Abdullahi, describing him as a humble and dedicated leader.
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Oyo: Gov Makinde Swears In 17 New Permanent Secretaries.
The Governor of Oyo State, Seyi Makinde, has officially sworn in 17 newly appointed permanent secretaries.....KINDLY READ THE FULL STORY HERE▶
The announcement was made via his official X account on Tuesday, coinciding with the swearing-in ceremony. Governor Makinde urged the appointees to maintain high standards of public service.
Describing the appointments as “a call to higher service based on merit,” he highlighted that his administration has put in place a transparent, merit-based selection process that ensures broad representation.
He further charged the officials to perform their duties diligently, warning against letting personal interests influence their professional responsibilities.
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Senator Kawu Sumaila Blasts Ramadan Rice Gift RejectionAs Political Blackmail.
The Senator representing Kano South, Senator Abdurahman Sulaiman Kawu Sumaila, has called the alleged rejection of his Ramadan rice gifts by some constituents a case of dangerous political blackmail orchestrated by his opponents.....KINDLY READ THE FULL STORY HERE▶
A viral video circulating on social media showed a group of politicians returning five bags of rice, claiming they were intended for the entire Albasu Local Government Area of Kano South Senatorial District.
Reacting to the incident, Senator Kawu Sumaila dismissed the rejection as a political stunt. He explained, “We distributed 500 bags to each LGA and provided for various groups and individuals, totaling nearly 15,000 bags. Somewhere along the line, some people were short-changed.”
He added, “They chose to go to the press to tarnish our image. We will handle the situation. This is politics. Whenever you work with people, such issues can arise. It’s a normal part of life, but it will not stop me from continuing welfare programs for my constituents.”
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