News

JUST IN: FG Moves To Review Mining License Rates

Published

2 years ago

May 2, 2024

Editor

The Federal Government, through the Ministry of Solid Minerals Development, has announced plans to review rates of mining licenses and other sundry fees payable by mining operators in the country.

Speaking during a consultative meeting with stakeholders in the mining industry on Thursday in Abuja, the Minister of Solid Minerals Development, Dele Alake, stressed that the review has become inevitable if government is to effectively fulfil its obligations of providing an enabling environment for mining operations whilst also raising more revenue for government.

He added that the plan would also boost the capacity of government to effectively reposition the mining sector and solicited the support of stakeholders for the impending increase in fees for mining licenses and other sundry fees.

Highlighting efforts to reposition the mining industry, the Minister revealed that asides from on-going reforms, the administration is sanitising the mining environment through the newly unveiled mining marshals, which he affirmed has been conducting operations in parts of the country to protect legitimate miners and combat illegal mining.

The minister in a statement signed by his special assistant on media, Segun Tomori said, “For us to continue to ensure that we secure the mining environment and keep putting in place measures that will ease the operational difficulties and challenges that confront miners, we need to review the rates of mining licenses and other sundry fees.

“We felt that we can’t just do this without letting you know because invariably, you are the players in the industry.”

Concerning the recent revocation of dormant mining licenses, the Minister noted that the government followed due process and extant laws guiding the action, emphasising that a 30-day restitution window still exists for operators that were affected.

It will be recalled that the Minister announced a restitution fee of N10m, 7.5m, 5m and 2.5m for Mining Leases, Small Scale Mining Licenses, Exploration License and Quarrying License respectively for revoked dormant licenses including those earlier revoked for default in payment of annual service fees.

In his submission, the Director-General of the Mining Cadastral Office, Engr. Obadiah Nkom, who also chair the fees review committee, stated that the committee recommended new rates that are affordable and will enhance the competitiveness of the fiscal regime of the mining sector in comparison with regional and global standards.

Speaking on behalf of the stakeholders, the President of the Miners Association of Nigeria, Dele Ayanleke commended the Minister for his efforts to put the mining sector on global frontburner, expressing support for ongoing reforms and plans to review fees payable by operators.

He urged the minister to consider challenges faced by miners and ensure the rates are affordable.

Other stakeholders in attendance include Representatives of Women In Mining, Gemstone Miners Association and top officials of the ministry.

News

Edo NLC Crisis: Caretaker Committee Drags Rival Exco, Govt To Court

Published

5 hours ago

May 6, 2026

Editor

The division in the Edo State Council of the Nigeria Labour Congress (NLC), took a new dimension on Wednesday as Prof. Monday Monday Lewis Igbafen-led caretaker committee approached the National Industrial Court of Nigeria, Benin Judicial Division, seeking to affirm its authority and restrain a rival executive from parading itself as the council’s leadership.

Joined in the suit are the Edo State Government, the Commissioner for Labour and Productivity, and the Attorney-General and Commissioner for Justice.

In a suit marked: NICN/BEN/12/2026, and filed before the court in Benin, the claimant, Igbafen, acting for himself and on behalf of the NLC Caretaker Committee in Edo State, is challenging the continued occupation of the union’s secretariat and control of its assets by members of the Bernard Egwakhide-led factional State Executive Council.

The claimants are asking the court to declare that the caretaker committee (Igbafen-led faction), constituted on August 11, 2025, by the NLC national leadership, remains the only lawful authority to administer the affairs of the Edo State Council pending fresh elections.

They further seek a declaration that the continued occupation of the NLC secretariat located at No. 1 Teboga Road, Benin City, as well as the retention of union assets, financial records, and official instruments by the defendants, is illegal and void.

The suit also prays for an order of perpetual injunction restraining the defendants from parading themselves as officials of the NLC Edo Council or interfering with the functions of the caretaker committee.

In addition, the claimants are seeking a mandatory order compelling the defendants to immediately hand over the secretariat, vehicles, financial documents, cheque books, and all other properties belonging to the union.

The caretaker committee further urged the court to restrain the state government and its officials from interfering in the internal affairs of the union, alleging undue support for the dissolved executive.

The claimants further demand N50 million as general and exemplary damages against the defendants for alleged unlawful usurpation of office and acts prejudicial to the administration of the council.

According to court documents made available to our correspondent, the crisis followed the dissolution of the Edo State Council by the NLC National Executive Council on February 27, 2025, over allegations of misconduct, anti-union activities, and constitutional violations.

However, the matter has yet to be assigned a hearing date.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

11 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

11 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.