Connect with us

Latest News

FG Rakes in ₦6 Billion from Mining Fees in Q1 2025, Registers 118 New Buying Centers

Published

on

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.

Advertisement

Latest News

Court Orders Probe Of Leaked Video In Alleged Coup Plot Trial

Published

on

On Tuesday, the Federal High Court in Abuja initiated an investigation into the unauthorized release of a video linked to the ongoing trial of six individuals accused of conspiring to topple President Bola Tinubu’s government.....KINDLY READ THE FULL STORY HERE▶

Investigation into the Leaked Video

  • Court Directive: Following a complaint from the Director of Public Prosecution (DPP), Rotimi Oyedepo (SAN), regarding a video statement that surfaced on the social media platform of influencer “VeryDarkMan” despite a court-imposed restriction, Justice Joyce Abdulmalik ordered the Department of State Services (DSS) to conduct an inquiry.

  • National Security Concerns: The DPP characterized the leak as a national security risk that prejudices the ongoing judicial proceedings, noting the video had already surpassed 6,000 views.

  • Defense Stance: While defense counsel denied involvement in the leak, they held varying views on a probe; some welcomed an investigation, while others, like Sanusi Musa (SAN), cautioned against acting without formal evidence.

  • Judicial Ruling: Invoking Section 232(5) of the Administration of Criminal Justice Act, 2015, Justice Abdulmalik mandated the DSS to identify and bring any responsible parties before the court, noting that such prosecution would be handled separately from the main coup trial.

Trial Testimony and Bail Proceedings

  • Witness Testimony: A prosecution witness, an Army officer codenamed “DDD,” testified that the investigation was conducted by a multi-agency team—including the Army, DSS, DIA, and EFCC—and explicitly denied that the defendants were chained, coerced, or tortured during interrogation.

  • Defense Challenges: During cross-examination, defense lawyers challenged the interrogation process, specifically noting the absence of family members or legal representation during the suspects’ questioning; however, the witness stated no such requests were made by the defendants.

  • Bail Applications: The court heard bail arguments from the defense, which the DPP opposed; Justice Abdulmalik has reserved her ruling on these applications and adjourned the trial-within-trial for the first three defendants until June 25 and June 30.

Continue Reading

Latest News

No Mercy! US Authorities Deport Nigerian Over “Violent Crimes” & Abuse Allegations!.

Published

on

  • Deportation of Nigerian National: A Nigerian citizen named Ayodeji Ajayi has been deported from the United States following a series of criminal convictions, which include domestic violence.....KINDLY READ THE FULL STORY HERE▶

    • Immigration Status: According to a statement released by US Immigration and Customs Enforcement (ICE) on their official account, Ajayi had been living in the US illegally for nearly two decades after failing to depart the country following the expiration of his student visa.

    • Criminal History: ICE reported that after abandoning his studies, Ajayi amassed a significant criminal record that includes convictions for domestic violence, trespassing, intimidation, and obstruction. Furthermore, his record includes charges involving kidnapping, rape, and family neglect.

    • Administrative Context: ICE attributed the removal of Ajayi to the immigration enforcement policies of President Donald Trump, noting the administration’s commitment to deporting criminal undocumented immigrants.

    • Missing Details: While the agency confirmed the deportation, they did not specify when it occurred, nor did they provide additional details regarding the jurisdictions of the convictions or the current status of his pending criminal charges.

    • Policy Enforcement: This action reflects the ongoing efforts by the Trump administration to intensify enforcement and increase the number of removals of undocumented individuals with criminal backgrounds across the United States.

Continue Reading

Latest News

“It Wasn’t Illness”: Gen. Rabe’s Widow Shatters Silence, Exposing True Cause Of Husband’s Death In Captivity.

Published

on

  • While the Katsina State Government attributed the retired general’s death to complications from diabetes and hypertension, his widow, Hajiya Amina Abubakar, reportedly disputes this.....KINDLY READ THE FULL STORY HERE▶

    • Sources close to the widow during her hospitalization state that she insisted her husband was healthy and had no history of either condition prior to their abduction.

    • Hajiya Amina recounted that the General’s health declined rapidly after his leg became swollen.

    • The widow believed the General had been bitten by a snake, an assessment the kidnappers reportedly confirmed to her.

    • Despite the captors applying local herbal remedies to the swelling, the General’s condition worsened, and he ultimately passed away in his wife’s arms.

    Context of the Abduction and Rescue

    • Major General Rabe and his wife were abducted on May 30, 2026, while traveling through the Matazu Local Government Area of Katsina State.

    • The kidnappers, linked to a criminal network led by bandit kingpin Kachalla Muhammad Fulani, had demanded the release of detained associates.

    • Following the General’s death, military troops from Operation Fansan Yamma intensified search-and-rescue efforts.

    • During an encounter near Tunga Village, troops engaged the bandits, who shot Mrs. Abubakar before abandoning her and fleeing the area.

    • Security officials are currently investigating the possibility of intelligence leaks or sabotage regarding the rescue operation, as the kidnappers appeared to be aware of the military’s movements.

Continue Reading

Trending

Copyright © 2023 NIVONEWS