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Nigeria, China to collaborate on mineral deposits – Minister

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Nigeria and China Flags
Nigeria and China Flags
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The Federal Government says it will collaborate with China Railway Investment Group Limited (CRIG) to harness the versed mineral deposits across the country.

Mr Olamilekan Adegbite, the Minister of Mines and Steel Development, expressed government readiness while receiving the team of CRIG on Saturday in Abuja.

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.

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, Mr 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)

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Sanusi Reinstated As Emir Of Kano

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Four years after Muhammadu Sanusi II was deposed as the Emir of Kano, Governor Abba Yusuf of Kano State has reinstated him to the throne.

“With the full support of the kingmakers, I have approved the reappointment of Malam Sanusi Lamido,” the governor said to cheers at the Art Chamber of the Kano State Government House around 5:16 pm on Thursday.

He announced the decision right after signing the Kano State Emirate Council (Repeal) Bill 2024 into law.

The new law replaces the Kano State Emirates Council Law, 2019, and dissolves the emirate councils created by Governor Yusuf’s predecessor Abdullahi Ganduje.

It was based on the law that Ganduje split the Kano Emirate into five in December 2019 and deposed the 14th Emir of Kano, Muhammadu Sanusi II on March 9, 2020. The emirates created by the Ganduje administration were Karaye, Bichi, Rano, and Gaya, in addition to Kano.

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FG Offers 2-Month Free Ride On Abuja Light Rail

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Nyesom Wike
Nyesom Wike
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The federal government has offered 2-month free ride services to passengers on the Abuja Light rail after its inauguration on Monday.

Nyesom Wike, The FCT Minister, disclosed this in Abuja on Thursday at a ministerial press briefing on the one year in office of President Bola Tinubu.

He said President Tinubu would inaugurate the rail project on Monday, while it would start commercial services on Tuesday.

“For those who are saying that the rail system had already been commissioned, don’t make a mistake. What was earlier commissioned was the building. What we want to commission on Monday is commercial operations.

“If you are going to the airport, from here to airport is 20 minutes. Seeing is believing. Go on Tuesday. We are going to allow for free rides for two months.

“You know, Mr. President, he can even say extend it to six months just to reduce the pain of our people. That is renewed hope agenda. When you say something, you do it,” Wike said.

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Sanusi II To Be Reinstated As Kano Emir …..As State Assembly Dethrones Emir Bayero, Others

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Former Emir of Kano, Muhammadu Sanusi II
Former Emir of Kano, Muhammadu Sanusi II
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Sanusi Lamido Sanusi II has been reinstated as the Emir of Kano, according to a report by LEADERSHIP newspaper.

This decision followed the Kano State House of Assembly’s resolution to dethrone the current Emir and also dismantle the four new Emirates in the State established under a controversial 2019 law.

Though it has not been officially announced, LEADERSHIP reported that it had it on a good authority that Sanusi II had been reinstated, and was expected in Kano on Friday.

“According to credible inside sources, ‘So certainly with the passage of the Bill, Sanusi automatically stands reinstated. No need for confirmation, the thing to is wait for the Governor to assent to it’.

“The then restructuring of the Kano Emirate is seen as a political manoeuvre to diminish the influence of then Emir Sanusi II, a vocal critic of the former Governor Abdullahi Ganduje administration. The creation of the new emirates fragmented the authority of the old Kano Emirate Council, diluting its power and influence.

“Meanwhile, the Majority Leader of the Kano State House of Assembly, Lawan Hussaini Chediyar Yan Gurasa, who sponsored the Amendment Bill, shortly after Thursday’s session, revealed to journalists that, “the bill has been sent to the governor for assent, now there is no longer an active Emir in Kano in all the five Emirates; Kano, Bichi, Gaya, Rano and Karaye. The law now provides the governor to call on the traditional kingmakers to choose a new king.”

“Our correspondent also reports that all the district heads elevated or appointed under the repealed law are to revert to their previous positions.”

 

 

 

Source: Leadership

 

 

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