The Federal Government, through the Ministry of Solid Minerals Development, and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), have resolved to strengthen collaboration to block revenue leakages in the mining sector. During a recent visit to the Minister of Solid Minerals Development, Dr. Dele Alake in Abuja, RMAFC Chairman, Alhaji Mohammed Bello, who led his team, commended efforts of …

Minister of Solid Minerals Development, Dr.Oladele Alake has called on manufacturers of mine explosives to combat alleged leakages from their factories by tightening the security and logistics of their operations. At an emergency meeting with the manufacturers in his office on Friday in Abuja, Alake said that there is popular outcry against the role of the manufacturers in the easy …

The Federal Government has intensified efforts to secure the nation’s natural resources as the presidential inter-ministerial committee held an expanded meeting with service chiefs. The inter-ministerial committee, chaired by the Minister of Solid Minerals Development, Dr. Dele Alake, met with the security chiefs on Thursday in Abuja. Last week at the Federal Executive Council (FEC), President Bola Tinubu established an …

The President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero has lamented that Nigerians have been suffering as a result of the hike in the price of fuel. He also described Nigerians as losers for adapting to the rise in fuel prices. Ajaero stated this during the 21st Daily Trust Dialogue themed “Tinubu’s Economic Reforms: Gainers and Losers. He, …

President Bola Tinubu has advocated a review of global taxation, explaining that redressing the imbalance in the international tax regime has become imperative. He also affirmed the country’s belief in and commitment towards multilateralism as a way of addressing global challenges. Represented by the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu at the Third South Summit of …

A group known as Licensed and Legal Coal Miners in Kogi State has expressed support for the state government over its enforcement of the Federal Government’s ban on illegal mining activities across the country. In a statement over the weekend, the group said that, through the operation of the state’s joint task force, which includes the Police and Nigeria Security …

The Minister of Solid Minerals Development, Dr. Dele Alake has described Nasarawa State as a worthy partner in the drive to develop mineral resources in the country. Receiving the state governor, Engr. Abdullahi Sule on Thursday in his office, Alake stated that his guest has provided immense support for the Lithium factory undergoing construction in his state, emphasising that the …

To manage customer expectations and keep faith with its avowed commitment to customers, Patricia Technologies Limited, a leading cryptocurrency company, has announced a two to five-year repayment regime for all customers who lost money following the recent breach of the company’s platform by some high-profile hackers, some of whom are now in police custody. In a statement in Lagos on …

Vice President Kashim Shettima has implored African leaders to work towards ramping up the total $3.1 trillion Gross Domestic Product (GDP) of countries on the continent, amounting to a paltry three per cent of the overall global GDP. During the African Economy of Scale plenary on the sidelines of the ongoing World Economic Forum (WEF) in Davos, Switzerland, the Vice …

Governor Babajide Sanwo-Olu, on Monday, signed the N2.267 trillion 2024 Appropriation Bill of Lagos State into law, ushering in a new expenditure cycle. At a ceremony held in the State House, Alausa, the governor assented to the ‘Budget of Renewal’ days after the House of Assembly passed the proposed expenditure bill and transmitted it to the executive arm for approval. …