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President Tinubu: All New Mining Licenses Must Have Local Value

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President Tinubu: All New Mining Licenses Must Have Local Value

… Says directive will position Nigeria as critical metals leader

By: Our Reporter

President Bola Ahmed Tinubu has instructed the Federal Ministry of Solid Minerals Development to only issue mining licenses if they are tied to local value addition.

This is to ensure that young Nigerians are actively engaged in economic activities, acquiring skills and contributing to the overall development of the economy.

The President gave the directive on Wednesday during the opening session of the African Natural Resources & Energy Investment Summit, 2024, held at the State House Conference Centre, Abuja.

President Tinubu, who was represented at the event by his deputy, Vice President Kashim Shettima, said his administration is fully committed to creating an enabling business environment to attract investment that encourages ‘value addition’ on solid minerals before they are exported.

“We recognize the losses incurred from exporting crude mineral commodities and understand that it is time to change this narrative. By doing so, we aim to ensure that our teeming youth are actively engaged in economic activities, acquiring skills, and contributing to the nation’s foreign exchange earnings. Therefore, the Ministry will only issue mining licenses if they are tied to local value addition,” the President noted.

President Tinubu noted that his administration’s target in the solid minerals sector is “to make Nigeria a leader in critical metals.”

While commending stakeholders for the establishment of the African Minerals Strategy Group with Nigeria as the first chairman of the initiative, the President said, “We aim to set new standards in the mining industry and ensure that Africa gets an equitable slice of supplying the world with critical metals.

“In our transition to cleaner and more sustainable energy systems, we also recognize the pivotal role that natural gas plays. Natural gas is a transition fuel that will fundamentally restructure our nation’s economy,” he added.

In leveraging opportunities in the renewable energy space, President Tinubu explained that “Nigeria has attracted over $2 billion in investment in the renewable energy sector, making it a fast-growing sector in the economy.

“Our commitment is to continue this trajectory and attract more private sector involvement in the renewable energy space, including manufacturing locally produced solar panels and batteries.”

He, however, emphasized that discussions on the energy transition must also include the significance of the petroleum industry as a cornerstone of the nation’s economy.

“While we strive to embrace renewable and cleaner energy sources, we acknowledge that oil and gas continue to play a vital role in our energy and economic landscape,” he stated.

The President highlighted strategic priorities in the sector to include the goal to attract more investment in the oil and gas industry; grow oil production to 2.1 million barrels a day by December 2024; improve investment in midstream and downstream infrastructure; tackle theft; and hold developers accountable for the highest environmental standards.

President Tinubu further restated the administration’s commitment to manage resources responsibly, minimizing their ecological footprint and maximizing their benefits for the nation.

Earlier in his opening remarks, Minister of Solid Minerals Development, Dr. Dele Alake, announced the government’s strategy under the Renewed Hope Agenda to position Nigeria as a major player in the global minerals market.

“We are committed to transforming Nigeria’s solid mineral sector into a cornerstone for our nation’s economic diversification,” he said.

The minister noted that the government is implementing wide-ranging reforms to create a more attractive environment for investors, with a focus on enhancing transparency, regulatory clarity, and investor confidence.

The plan, he explained, encompasses several key areas, including policy reforms, sustainable practices, infrastructure development, and human capital enhancement. These initiatives are designed to address longstanding challenges in the sector and unlock the full potential of Nigeria’s vast mineral resources.

“This summit represents a significant milestone in our collective journey toward addressing Africa’s vast natural resources and sustainable economic development,” Alake said.

Dignitaries at the summit included the Senator representing Niger East Senatorial District, Mohammed Sani Musa; Minister of State for Environment, Dr. Ishaq Salako; Minister of State for Steel Development, Mr. Uba Maigari Ahmadu, and Permanent Secretary in the Ministry of Solid Minerals Development, Dr. Mary Ogbe.

Others were Minister of Mines and Mineral Resources of Sierra Leone, Julius Mattai; Minister of Mining of South Sudan, Martin Gama Abucha; Minister of Mining of Malawi, Monica Chang’anamuno, MP; Minister of Mines and Energy of Liberia, Wilmot Paye; Deputy Minister of Petroleum, Mines and Geology of Chad, Oumar Moussa, and representatives of the governors of Abia, Ebonyi, Taraba, Kwara, Enugu, Nasarawa and Akwa Ibom States, among others.

President Tinubu: All New Mining Licenses Must Have Local Value

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VP Shettima charges journalists on courage to serve as conscience of the nation

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VP Shettima charges journalists on courage to serve as conscience of the nation

By: Our Reporter

The Vice President, Senator Kashim Shettima, has implored media professionals in Nigeria to be more focused on objectively speaking truth to power rather than antagonising the government.

Drawing the distinction between antagonism and speaking truth to power, he also urged members of the fourth estate of the realm to, as a matter of necessity, always strive to strike a balance between their allegiance to self and to truth.

Senator Shettima who gave the charge on Saturday during the Public Presentation of the Book, “Persona Non Grata,” authored by a seasoned journalist, Mr. Ismail Omipidan, at the Ladi Kwali Hall of the Abuja Continental Hotel, said the goal must hinge on serving a greater good and a deserving humanity.

“What must be spelt out is that there is a distinction between antagonising a government and speaking truth to power. The latter is driven by a noble principle to serve a greater good and a deserving humanity.

“The former, on the other hand, is usually a self-serving exercise that fades into futility, and that is not the end we should aspire to achieve with the information and ideas we labour to acquire and process in our line of work,” he stated.

Taking a leaf from “The Republic,” a Socratic dialogue, written by the Greek Philosopher, Plato, the Vice President pointed out that to really build a nation that can best be described as an ideal state, the intellectual class, especially the journalists, must be allowed to be the nation’s conscience.

Categorically, the VP told the journalists that apart from speaking truth to power, the nation also needs them, as media professionals, to serve as the country’s conscience.

He continued: “No political leader, however sincere their intentions, can excel beyond the scale of the knowledge at their disposal, and this is particularly telling in our political space.

“While we need an army of courageous media professionals to speak the truth to power, we also need them to serve as the conscience of the political institutions and individuals who influence the evolution of society, including the questions of our collective survival.”

VP Shettima however observed that the real courage required to serve as the conscience of the nation “lies in resisting compromise in one’s pursuit of truth.

“True courage is being able to tell the truth even in a congress of critics and bullies. The rush to partake in a smear campaign, even in the face of superior facts, is, of course, not an act of courage. This distinction sets courage apart from cowardice. It takes rare integrity to recognise the difference between the two “Cs”, he added.

Urging both leaders and media practitioners, as well as other well-meaning citizens to “aspire to learn where and when to draw the line between courage and cowardice,” the Vice President described the author of the book, Mr. Omipidan, as a journalist who “has shown that, in reporting the ups and downs of his nation, true allegiance isn’t to oneself, but to one’s society.

“This awakening has defined his kind—the realisation of what one truly aspires to accomplish in advocating for a nation that functions, a nation that cares, and a nation that’s accountable. You cannot solve a crime objectively by investigating the cause away from the crime scene,” he said.

Describing the book, “Persona Non Grata”, as “a declaration of the price of adhering to noble principles even in the face of corrupting temptation,” VP Shettima pointed out that the book is not “a record of the journey to being cancelled for telling uncomfortable truths.”

He recommended Omipidan’s book to both practising and aspiring journalists, as well as any professional seeking “to find a balance between their allegiance to self and to truth” as a cautionary tale that “will inspire sobering reflections even within Nigeria’s media ecosystem.

“The man on whose invitation we gather here today must not go down in our history as either a persona non grata or a provocateur. He has been an essential pillar of our interactions as a nation and has helped determine the direction our society is headed. Each of us, therefore, must not fail in the performance of our duty to fill this moral vacuum,” he further stated.

In his welcome remarks, the Chief Host of the book launch, Minister of Marine and Blue Economy, Alhaji Isiaka Adegboyega Oyetola, thanked Vice President Shettima “for taking time out of his demanding schedule to attend the book launch.

He said the book is a compilation of the vast experiences of the author, his work in the private and public sectors.

According to him, the book speaks volumes about the author’s strength of character, resilience and commitment that defines his personal and professional judgement, as well as integrity in journalism.

“The title of the book, “Persona Non Grata,” states his curiosity and rightly so. As I delve into the pages it became apparently clear that he put his mind and soul into his work. It is not just a professional memoir, it is a profound commentary of the complexities of power and unforeseen forces that shape public perception,” Oyetola stated.

On his part, the book reviewer, and the Editor of Saturday Tribune, Mr. Lasisi Olagunju, said Omipidan’s book has 31 short chapters with the foreword written by Farouk Gberugi.

He said that he has taken time to read the book from the title page to all the pages that chronicle the author’s early life, and his many experiences.

In his vote of thanks, the author of the book, Ismail Omipidan, thanked the Vice President for honouring his invitation.

He recalled the first time he discussed with him ten years ago about writing a book, and the VP told him: “You have not seen anything yet; what are you writing about?”

Omipidan said he accepted to work with Oyetola when he was the Governor of Osun State because he is a man of honesty and integrity.

Among others who made brief remarks about the author were the Director-General of the Federal Radio Corporation of Nigeria (FRCN), Dr. Mohammed Bulama, who recalled Omipidan’s days as a journalist in Borno State where he enjoyed the protection of the Vice President, and former President of the Guild of Editors, Funke Egbemode, who recounted her experience with him as a colleague in the newsroom at the Sun newspaper.

VP Shettima charges journalists on courage to serve as conscience of the nation

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NDE disclaims message urging unemployed to register in its offices

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NDE disclaims message urging unemployed to register in its offices

By: Michael Mike

The National Directorate of Employment has distanced itself from the message circulating on social media urging unemployed persons to register at any NDE office nationwide.

NDE in its disclaimer said the message is fake and it did not emanate from its office.

The Directorate therefore urged the general public to disregard the message in its entirety and refrain from acting on it.

NDE management also said any official announcements, programmes, or directives from it are communicated through verified channels such as its official website, social media handles, offices nationwide and recognized media outlets.

The agency stated in a disclaimer: “The attention of the management of the National Directorate of Employment (NDE) has been drawn to a message circulating on social media urging unemployed persons to register at any NDE office nationwide, claiming the registration will last for three weeks and encouraging the public to share the information widely.

“The NDE wishes to categorically state that this information is false and did not originate from us. The public is advised to disregard the message in its entirety and refrain from acting on it.

“Any official announcements, programmes, or directives from the NDE are communicated through verified channels such as our official website, social media handles, offices nationwide and recognized media outlets.

“We urge the public to verify any information attributed to the NDE to avoid being misled by false or unauthorized communications.

NDE disclaims message urging unemployed to register in its offices

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NDE disclaims message urging unemployed to register in its offices

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NDE disclaims message urging unemployed to register in its offices

By: Vincent Ikuomola

The National Directorate of Employment has distanced itself from the message circulating on social media urging unemployed persons to register at any NDE office nationwide.

NDE in its disclaimer said the message is fake and it did not emanate from its office.

The Directorate therefore urged the general public to disregard the message in its entirety and refrain from acting on it.

NDE management also said any official announcements, programmes, or directives from it are communicated through verified channels such as its official website, social media handles, offices nationwide and recognized media outlets.

The agency stated in a disclaimer: “The attention of the management of the National Directorate of Employment (NDE) has been drawn to a message circulating on social media urging unemployed persons to register at any NDE office nationwide, claiming the registration will last for three weeks and encouraging the public to share the information widely.

“The NDE wishes to categorically state that this information is false and did not originate from us. The public is advised to disregard the message in its entirety and refrain from acting on it.

“Any official announcements, programmes, or directives from the NDE are communicated through verified channels such as our official website, social media handles, offices nationwide and recognized media outlets.

“We urge the public to verify any information attributed to the NDE to avoid being misled by false or unauthorized communications.

NDE disclaims message urging unemployed to register in its offices

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