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Nigeria is safe, mines minister tells investors

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The Minister of Mines and Steel Development, Olamilekan Adegbite, on Thursday, called on foreign investors to be free to attend Nigeria mining w

The Minister of Mines and Steel Development, Olamilekan Adegbite, on Thursday, called on foreign investors to be free to attend Nigeria mining week activities scheduled from 1st to 3rd November 2022, saying Nigeria is safe.

It also noted that Abuja is safe and the country’s security agencies have been deployed to ensure that all lives and property are well secured.

The minister disclosed this in Abuja, at a pre-event press briefing of the mining week, with the theme: “Successes and Achievement in the Nigerian Mining Sector”, said this year’s activities will highlight the giant strides of this administration through the Mineral Sector as one of the cardinal drivers of the diversification Agenda.

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He said that the mining week would deliberate on the acquisition of bankable geoscientific data, the efficient and transparent mineral title administration processes, as well as downstream opportunities in the Mining Sector and the Nigerian Mineral value-chain Regulations of 2021.

According to him, “The future minerals are globally recognized as vital for the economic wellbeing of the world’s major and emerging economies, as they are essential for producing new energies and technologies.

“These minerals primarily comprise of copper, cobalt, lithium, nickel, platinum group minerals, and to a lesser extent, aluminium, chromium, graphite, manganese, rare earth elements, and zinc. Over the next two decades, the mineral demand from electric vehicles and battery storage is predicted to grow astronomically. Thus, the development of these minerals or the lack thereof will determine the economic strength or weakness of a developing nation like Nigeria.

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“The Government, in particular, has been putting all its political will and weight behind the sustainable development of the Mining Sector and I am super excited to announce that as we aim to discuss the common challenges and share our success stories, His Excellency Muhammadu Buhari, GCFR, President of the Federal Republic of Nigeria will declare the event open”.

In his remarks, the acting President of the Miners Association of Nigeria, Alh. Musa Muhammad said this year mining week is an open opportunity for Nigeria’s mining sectors.

He said: “The interest shown by investors from across the world since August when the preparations towards hosting this year’s Nigerian Mining Week began in earnest, had been so enormous that they were on their toes, working round the clock to ensure that event is a huge success.

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“The mining week it’s something that we’ve never experienced before in Nigeria. So we are going to learn new apps and how to use them. So, it’s wonderful and I gave kudos to the team that put this together”.

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Benue IDPs block highway, demand return to ancestral homes

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Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.

The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.

The protest caused disruption, leaving hundreds of motorists and passengers stranded.

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Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.

“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.

Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.

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Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.

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NNPCL reveals decision not to sell Port Harcourt refinery

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The Nigerian National Petroleum Company Limited, NNPCL has officially decided not to sell the Port Harcourt Refining Company.

NNPCL has, instead said it is committed to conducting an extensive rehabilitation of the facility and ensuring its continued operation.

During a company-wide town hall meeting held at the NNPC Towers in Abuja, Bayo Ojulari, the Group Chief Executive Officer of NNPC Ltd, announced the decision regarding the future of the nation’s most significant state-owned refining asset, putting an end to weeks of speculation.

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A statement by NNPCL reads, “The Nigerian National Petroleum Company Limited has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant.

“The ongoing review indicates that the earlier decision to operate the Port Harcourt refinery, before full completion of its rehabilitation, was ill-informed and subcommercial.

”Although progress is being made on all three, the emerging outlook calls for more advanced technical partnerships to complete and high-grade the rehabilitation of the Port Harcourt refinery.

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”Thus, selling is highly unlikely as it would lead to further value erosion.”

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Tinubu appoints Olumode Adeyemi as Federal Fire Service boss

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President Bola Tinubu has approved the appointment of Adeyemi Olumode, as the new Federal Fire Service, FFS, Controller-General.

The appointment was announced on Wednesday on behalf of the Federal Government by retired Maj.-Gen Abdulmalik Jubril, Secretary of the Civil, Defence, Correctional, Fire and Immigration Services Board, CDCFIB.

Jubril said the appointment followed the retirement of the current Controller-General, Abdulganiyu Jaji, on August 13.

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Jaji is retiring upon attaining the age of 60 by August 13.

Jibril further disclosed said that Adeyemi Olumode is qualified for the position, having attended and passed all mandatory in-service training, Command courses as well as other courses within and outside the country.

“He brings a wealth of experience to his new role, having transferred his service from the FCT Fire Service to the Federal Fire Service and grown to the rank of DCG in the Human Resource Directorate of the Service Headquarters.

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“He has served in various capacities and is equally a member/fellow of the following professional associations including Association of National Accountants of Nigeria, ANAN, Institute of Corporate Administration of Nigeria, Institute of Public Administration of Nigeria and Chartered Institute of Treasury Management of Nigeria.”

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