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FG: Licensed Miners Prevented From Accessing Site For 16 Years

The Federal Government has said that illegal miners’ activities prevented lawfully authorised miners with licences covering four cadastral units from accessing the site for 16 years. This was contained in a statement by Segun Tomori, the Special Assistant on Media to Minister of Solid Minerals Development, Dr Dele Alake. He, however, stated that FG shut down an illegal gold mine site in Yagba East Local Government Area of Kogi State. Alake, stated that the move was part of the Federal Government’s commitment to combat illegal mining and reposition the sector to boost Nigeria’s economic profile. Tomori said: “The operation involved

‘Seplat, ExxonMobil’s $1.28bn Divestment Deal Shows FG’s Business Minded’

The Chairman of indigenous oil and gas company, Platform Petroleum, Chief Dumo Lulu Briggs, has said that the ongoing divestment of a 100 per cent interest in Mobil Producing Nigeria Unlimited shallow water assets (MPNU) to Seplat Energy Offshore Limited, exemplifies the Federal Government of Nigeria understands business. He spoke at an event in Abuja, saying the various divestments involving international oil companies (IOCs) in Nigeria showed that the oil and gas sector was on the right track. Briggs said: “What you would have noticed is that the international oil companies, the IOCs are exiting their onshore assets and small

FG To Get $500m From UC RUSAL To Revitalise ALSCON

The Federal Government will receive $500 million from UC RUSAL, for the revival of the Aluminium Smelter Company of Nigeria (ALSCON), in Ikot Abasi Local Government Area of Akwa Ibom State. ALSCON Chairman, Alexey Arnautov, disclosed this during a visit with the company’s management to President Bola Tinubu at the State House in Abuja, according to a statement by, Special Adviser to the President on Media and Publicity, Ajuri Ngelale. Arnautov stated that the $500 million investment within a specific timeframe would significantly boost the company’s performance. “In his remarks, the Chairman of ALSCON assured the President of the preparedness

Gradely, Japanese Coy Partner On Game-based Coding For Children

A Nigerian education technology company, Gradely is partnering with a Japanese technology company, Sprix Inc to introduce its ‘Education App Qureo’ for the teaching of coding through the use of gaming to Nigerian children between eight and 13 years. The co-founder and Chief Executive Officer of Gradely, Mr Boye Oshinaga, who announced the partnership and introduced the company’s representative at a media briefing in its office, said the agreement on introduction of Qureo Coding System into the Nigerian education system was a way to help the Nigerian children master the modern technique in the computer world. He said the introduction

Insecurity: When Military Officers Go Missing

Strange things continue to confront hapless citizens in the country especially when those saddled with the responsibility of tacking rising insecurity are themselves no longer safe as is the case a Nigerian Army general who has remained in captivity eight months after he was abducted by unknown gunmen around the Orji area of Owerri, in the Eastern heartland. Richard Duru, a two star general, was driving in his Mercedes Benz Sports Utility Vehicle (SUV) when he was accosted by gun wielding young men near Bishop's Court, Area 7. Although there were reports that the kidnappers had made contact with the

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Aviation: Stakeholders Restate Negative Impact Of Cross-Border Ticket Sales

The National Association of Nigerian Travel Agencies (NANTA) has again condemned cross-border trading in air tickets because of huge revenue losses to the country. NANTA President, Yinka Folami, told New Telegraph that it was urgent

Metro and Crime

Flood Disaster: Wamakko Commiserates With Victims 

...1,700 people homeless 600 hectares of farmlands washed away The leader of the All Progressives Congress (APC), in Sokoto State, Senator Aliyu Magatakarda Wamakko has commiserated with the people of Gada Local Government Area over


Man Utd Unlikely To Trigger Amrabat’s Buy Option

Manchester United have informed Fiorentina that they will not trigger the £20m buy option in Sofyan Amrabat's contract this summer. The club, however, is willing to hold talks with the Serie A side to negotiate