News

Why N’Assembly Rejected Solid Mineral Ministry’s 2025 Budget Revealed

Published

1 year ago

January 11, 2025

Editor

The National Assembly joint committee on Solid Minerals, on Friday, rejected the budget estimates of the Ministry of Solid Minerals.

The committee said that the estimates presented were greatly inadequate.

The Chairman of the joint committee, Sen. Ekong Sampson, stated this after the minister, Dele Alake, presented the ministry’s 2025 budget estimate before the committee.

The call for the rejection of the budget followed a motion moved by Sen. Diket Plang (APC-Plateau) and seconded by Sen. Natasha Akpoti-Uduaghan (PDP-Kogi).

Moving the motion, Plang expressed displeasure that the ministry got just N9bn as an envelope out of the N539.7bn it proposed for capital expenditure in the 2025 budget.

The chairman also expressed displeasure over the ministry’s budget because of the importance of solid mineral sector to the diversification of the Nigerian economy.

He said, “This is because of the potential in not addressing the key concerns in this sector at a time that Nigeria is in a grand need to diversify the economy.

“The estimates presented before us are grossly inadequate and will not help our economy at this critical period, when we have to invest in the future, consistent with what obtains in other economies.

“We’ve taken this position in the interest of this country and as a support item to the vision of government as it were that this budget clearly needs a review.

“The need for this review clearly contemplates the peculiarities in the sector.

“Time has gone by and you have to take a very bold step in exploration, in data gathering, in tackling major drawbacks that have put us in dire situations as a nation richly endowed but faced, as it were with the contradictions in abundance.

“It is the view of the joint committee that the budget of this sector be reviewed upwards.

“I think that is the spirit of the meeting, in the meantime, we will suspend further decisions on this budget unless those steps are taken.

“The budget for this sector needs radical upward review. So the joint session rejects the estimate before us. We will step everything down.”

The co-chairman, Mr Gaza Gbefwi, representing Keffi/Karu/Kokona Federal Constituencies, also supported the move for the suspension of the budget defence.

“I move that we suspend this budget screening for the Ministry of Solid Minerals for the fact that what is appropriated to them, if it is true, is beyond imagination.

“Also, we are here to pass a budget not for the ministry, not for us, but for Nigerians and the progress of this country.

“I, therefore, propose that we step down this screening of the budget presented to us and request that we invite the Minister of Planning and Budget to appear before this committee,” he said.

Earlier, Alake said that the ministry in 2025, proposed N539.7 billion for capital expenditure and N2 billion for overhead cost, making it a total budget of N541.7 billion for the ministry.

“In contrite distinction to the avowed objective of the economic diversification of Nigeria away from oil into green energy, into harnessing the solid minerals sector, the envelope that the ministry received was a far cry from our proposal.

“We proposed N539.7 billion for capital in 2025, but the envelope that came is a paltry N9 billion,” he said

On the 2024 budget performance of the ministry, Alake said that the overhead cost was 100 per cent performance while the capital was a dismal 18 per cent performance which was based on releases.

“When I did a panoramic view of the entire budget from other ministries, it is a kind of a general problem.

“The budget releases were not as expected which really hampered the capital budget in 2024.

“We rely on your support and effort to correct this anomaly, because if we are going to achieve all our objectives, there is no way we can achieve them,” he said.

In terms of revenue generated, Alake said that the ministry generated N37.8 billion in 2024 as above the N11 billion projected.

(NAN)

News

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

Published

4 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

10 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.