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Mining Needs Continuity Of Policies, Guidelines – Minister

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The Minister of Mines and
Steel Development, Mr Musa Sada, said mining sector needed continuity of policies and guidelines to ensure its development in the country.
The minister said this on Thursday in Abuja when  the Managing Director, Promethean Resources Ltd, Mr Demola Gbadegesin, briefed him on the mining operations of the company.
The minister said that studies had shown that intermittent changes in government seemed to have affected the progress of the solid minerals sector.
He said following this development, the Federal Government had set up plans to develop some sustainable processes, to ensure institutionalisation of its operations.
Sada said that the mineral title (Licence) administration was one area set up to ensure ownership of the mines, as it was the main item of the ownership of the business in mining.
Sada said government had developed roadmap for the sector based on policy thrust, value addition, import substitution and job creation, to promote modern mining practices, natural resources conservation and visibility of private sector.
He said that the roadmap could be reviewed from time to time to make the country a mining destination through generation of credible geosciences data and others.
Sada said that the study of countries doing well in mining had shown that the sector had been the main stay of any nation’s economy.
He said that the government had plans to diversify from crude oil to solid minerals for multi -economy, revenue generation and employment generation.
“The government had made a pronouncement, wishing to diversify the economy and had picked the mining sector as one of the areas to use to move away from petroleum.
“The petroleum had been the major source of revenue for the country.’’
He said mining needed knowledge, skills, patience and doing things right, to move the sector forward.
He added that at every stage of the development, one needed to make a good assessment of the risk as a way to achieve a result.
The minister said the country needed corporate entities to reduce the cases of illegal mining in the country, adding that right now, the country was at the stage of establishing corporate entities in the sector.
“We have started addressing issues of illegal mining, environment and devastation to the point where minerals title administrations are established to address it.’’
“The best way to address the issue of illegal mining is to have corporate entities to create employment, to absolve illegal miners.
“The reason why illegal miners got involved in the act was because they have no job.’’
Presenting a paper titled “Restoring Nigeria’s Tin Industry’’, Gbadegesin said so far the company had invested over 20 million dollars in its tin mining operations in the country.
He said the company had been producing high grade concentrate of tin from its operations at Gurmu in Bauchi State, and would soon establish two other sites to begin production of  tin.
He said the company currently had a plan to export 100 tonnes of tin per month but intended to increase it to 500 tonnes at the end of the year.
“At the end of this year, we are expected to have six sites in operations.
“More than 90 per cent of our workforces are Nigerians. We are big drivers of employment and planning to employ more in future.
Gbadegesin said Nigeria had a history of producing various minerals resources in the past with world-class resources where tin was one of them.
“There is a long history of mining of tin in Nigeria and that was the reason why the British first came to Nigeria. These sources are still there and more importantly the data is there too.
“Mining is a business that is based on a data. The more information you have the more sourceful you are.’’
He said the company was still conducting visibility studies and intended to complete the project in about 18 months.
The managing director appealed to government to waive import duties on mining equipment, and access to power supply to mining companies.

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Boat Mishap Kills Pastor, Wife And Church Members  In Brass Water

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A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways
The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and  members of his church were in a programme.
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?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet  to be recovered
as search party are still ongoing.
Although the real cause of the boat Mishap is not yet known as at the time of this report,  our Correspondent gathered  that the identities of the Pastor, wife and church members were not disclosed to the public.
The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit
The Bayelsa State government and the state police command are yet to issue official statement’s  on the sad accident
By: CHINEDU WOSU
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Rivers Workers Seek Scrapping Of Contributory Pension Scheme

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The Rivers State Council of  Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.
Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt,  recently.
Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.
He noted that  the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.
According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.
He also  informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.
“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.
Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.
The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.
He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.
Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.
The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.
He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.
Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.
By: King Onunwor
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FG Begins South-West Tour To Promote New Cooperative Bank

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The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.
 Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.
According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.
Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.
“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.
The minister noted  the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.
According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.
Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.
He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.
“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.
He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.
“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.
Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.
“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.
“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.
Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.
She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.
Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).
“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.
“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.
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