The nation
Nigeria, China to collaborate on mineral deposits
The Federal Government says it will collaborate with China Railway Investment Group Limited, CRIG, to harness the versed mineral deposits across the country.
Olamilekan Adegbite, the Minister of Mines and Steel Development, expressed government readiness while receiving the team of CRIG on Saturday in Abuja.
Mr Adegbite, who made this known in a statement issued by Mrs Etore Thomas, the Director Press of the ministry, said that the ministry would avail CRIG the opportunities of investing in priority areas.
“The ministry can avail CRIG the opportunities to invest both on mining and metal sector once there is genuine expression of interest in the sector that will facilitate the industrialisation and prosperity of the nation,” he said.
Mr Adegbite canvassed for investment in mining and processing of some of the major minerals, such as Gold, Bitumen, Barite, Led, Zinc, cobbalt, Lithium, coal and gemstones.
This, he said, would satisfy and expand both the local and international markets and ensure the GDP growth of the economy.
“The ministry is likely to begin auctioning of Bitumen licences by October this year and critical investors should utilise such ample opportunity to immensely contribute to the growth of the sector for a viable nation,” said the minister.
He also called on investors to fully invest in Ajaokuta Steel Plant, disclosing that about 13 to 14 minerals needed to produce Liquid Steel from the plant were all available in Nigeria.
“The only thing remaining for Ajaokuta steel plant to kickstart production is the completion of the blast furnace.”
He assured that the ministry would provide them with literatures on the abundant minerals in the country and their usages to enable their investment choices.
Earlier, the leader of the CRIG delegate, Dr Sunny Okorie, said that their firm, which is a big consortium with over 50,000 dollars turn over per annum, had already invested in many businesses in Nigeria.
He said the purpose of their visit was to seek investment opportunities in the mining sector for the benefit of the citizenry.
Also, Yunusa Mohammed, Acting Director, Investment Promotion and Mineral Trade, IPMT, Department in the ministry, promised the team of the government support in providing needed information on the sector.
According to Mohammed, serious investors are needed to queue into this sector to contribute to the growth of the nation’s economy.
NAN
President Bola Tinubu, on Tuesday arrived in Katsina to receive the remains of the former President Muhammadu Buhari, who passed away in London on Sunday at the age of 82.
His Majesty King Mohammed VI of Morocco has extended heartfelt condolences to President Bola Tinubu, the family of the late former President Muhammadu Buhari, and the entire Nigerian people following Buhari’s death.
In a message of sympathy, the Moroccan monarch described the passing of the former Nigerian leader as a “sad occurrence,” expressing deep sorrow over the loss.
King Mohammed VI hailed Buhari as “an illustrious leader who worked untiringly to serve his country’s best interests and lead his people toward further progress and prosperity.”
He added: “Our thoughts and prayers are with you and the bereaved. I share your grief and want you to know how much I appreciated the working sessions I had with the deceased.”
Reflecting on their bilateral engagements, the king noted that his collaboration with Buhari led to the launch of promising development projects, “ushering a new era grounded in friendship and close cooperation between our two sister nations.”
Vice-President Kashim Shettima has departed London for Nigeria, accompanying the remains of former President Muhammadu Buhari, who died on Sunday at a London clinic.
This was disclosed in a statement issued on Tuesday in Abuja by Mr. Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, Office of the Vice-President.
“I can only confirm that the Vice-President Kashim Shettima, as directed by President Bola Tinubu, has departed London for Nigeria in the company of some family members of the late former President Muhammadu Buhari,” Nkwocha stated.
“They are accompanying the remains of the late former President for burial in Daura, Katsina State later today. Other members of the Federal Government’s delegation, as sent by President Tinubu, have also departed for Nigeria,” he added.
The News Agency of Nigeria (NAN) reports that the Federal Government has declared Tuesday a public holiday in honour of the late President, who passed away at the age of 82.
The holiday forms part of a seven-day national mourning period earlier announced by President Tinubu to pay tribute to Buhari’s life, leadership, and legacy.
Buhari’s death was confirmed in a statement by his former Special Adviser, Garba Shehu, on Sunday evening.
Tinubu arrives Katsina to receive Buhari’s body for burial
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