Page 65 - Solid Minerals News Today

Daily Post Nigeria Published States, provinces or regions as the case may be, are essential components of federations and must meet certain conditions to make sense. To begin with, Federalism is a mode of political organization that unites separate states or other polities within an overarching political system in a way that allows each to maintain a measure of control over its territory, making it a federating unit. Nigeria is one of the 25 federations in the world but with the queerest compos...

A valid case is again up, for the Creation of Savannah State, with the Capital at Damboa, out of the present day Borno State, which has its capital at

The Nigerian Economy and the Debt Burden: We commend the efforts of Federal Government and the Central Bank of Nigeria in stabilising our economy.

Olamilekan Adegbite is Nigeria’s Minister of Solid Minerals and Steel Development The Nigerian Government is losing huge revenue from the solid mineral sector in the country, due to the lack of standardized guideline procedure and requirements for exporters despite the need to attract investments in the sector. Despite attempts to develop the draft policy since 2017 without success after the stakeholders’ consultative forum on the policy was first set up, as much as N17.5 billion worth of...

The Governor of Niger State, Abubakar Sani Bello says the unity and indivisibility of Nigeria, remains sacrosanct and non-negotiable. Bello, who stated this at a stakeholder meeting on the Niger State position on 1999 constitution review in Minna said whatever the kind of federalism hoped for, the Nation’s unity cannot be compromised. Represented by the Deputy Governor, Alhaji Ahmed Mohammed Ketso, he argued that,” no matter the nature and type of federalism we want to achieve, we must reme...

Punch Newspapers Sections Published 19 May 2021 The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are withholding about N1.2trn. The commission said this is according to audit reports of some MDAs and unaudited accounts of others. The FRC also said MDAs have remitted operating surpluses of about N2.15tn since inception. The commission, however, listed 32 MDAs that have yet to present their audit reports to it since since 2007 when it wa...

MDAs failed to account for N1.2trn –FRC The Punch Published 19 May 2021 The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are withholding about N1.2trn. The commission said this is according to audit reports of some MDAs and unaudited accounts of others. The FRC also said MDAs have remitted operating surpluses of about N2.15tn since inception. The commission, however, listed 32 MDAs that have yet to present their audit...

Views: Visits 0 The Federal Government has concluded arrangements to connect Aluminum Smelter Company of Nigeria (ALSCON), Ikot Abasi, Akwa Ibom state, to national grid to enable it resume its full production capacity soon. The Minister of State Mines and Steel Development, Dr. Uchechukwu Ogah, disclosed this during inspection of the company’s facilities. He said the Federal Executive Council (FEC) has approved the power supply to the firm to revamp the steel plant. Og...

Goddy Egene The Lagos Commodities and Futures Exchange (LCFE) is set to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying assets in a sector worth over N300 trillion. Addressing journalists at the pre-listing media interactive session in Lagos, the Dukia Gold’s Chairman of Dukia Gold, Mr. Tunde Fagbemi, said that the instruments which would be in form of Exchange Traded Notes (ETN), Commercial Papers (CP) and other gold-backed securities would enable the...

FG approves power supply to ALSCON to facilitate full production FG approves power supply to ALSCON to facilitate full production May 9, 2021 Minister of State for Mines and Steel Development, Dr Uchechukwu Sampson Ogah (3rd Left) flanked by the Akwa Ibom State Commissioner for Environment and Solid Minerals, Charles Udoh (2nd Left), Managing Director (MD) of Aluminium Smelter Company of Nigeria (ALSCON), Zavalov Dmitry (4th Right) and members of the ministers delegation with management and st...