News
2,119 Mining Firms Fail To Remit N2.76bn To FG
A 2020 audit report of the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed thatover 2,119 companies operating in Nigeria’s solid minerals industry owe the federation over N2.76billion.
The report revealed that the sector has contributed a paltry ¦ 651.55billion to the government’s coffers in the past 13 years.
NEITI, in a statement released, yesterday, noted that the companies’ liabilities resulted from their failure to pay statutory annual service fees for respective mineral titles.
The report stated that 6,010 existing solid mineral titles were valid as of December 31, 2020, while 7,605 mining titles were issued in the industry in the past five years.
In his comments, the Executive Secretary of NEITI, Dr Orji Ogbonnaya Orji, stressed that the agency was determined to use its reports to unveil potential revenue recoveries that were awaiting immediate action by the relevant government agencies; especially now that the government was in a desperate search for revenues to finance widening budget deficits.
He said: “It is of interest to NEITI that every kobo counts to reduce government financial burden, and our reports will continue to provide useful information and data on who owes what in the oil, gas and mining sector. This is another impact that our reports will pursue in line with our mandate”, Orji declared.
He announced that the total revenue contributions from the sector in 2020 rose to N128.27billion, an increase of over 54percent from the N74.85billion recorded in 2019 despite the COVID-19 pandemic.
The NEITI report also revealed that ¦ 8.89billion was shared to the federating units as solid minerals revenue in 2020.
Breakdown of the figure shows that the Federal Government received N4.07billion (45.83percent), states and local governments received N2.07billion and N1.59billion (23.25percent; 17.92percent), respectively while N1.16billion (13percent) was recorded as derivation share.
The NEITI Independent Solid Minerals Industry Report tracked and reconciled financial flows in the sector, checked quantities of minerals produced, utilised and exported in 2020.
It also examined the governance and process issues in the sector, outlined key findings and made far-reaching recommendations that require urgent remedies.
For instance, it disclosed that 71.1million metric tons of minerals were produced in 2020.
A breakdown of the total production showed that granite, limestone, sand and laterite were the highest contributors to minerals royalty payments recorded within the period.
NEITI further disclosed that five states of the federation topped the table, contributing 66percent of solid minerals produced in the country that year.
The first state is Ogun, followed by Kogi, Cross River, Edo and Bayelsastates.
On companies’ activities that shaped business investments in the solid minerals sector, the NEITI report identified Dangote Cement Plc as the first, followed by Lafarge Plc, BUA International and Dantata and Sawoe with the highest production accounting for about 64percent of the total mineral production volume in 2020.
NEITI further disclosed that total minerals exports in 2020 were 32.99million tons valued at $42.46million while China with 80percent of the total exports remained the major destination for Nigeria’s solid minerals exports.
From the report, a total of N3.87billion was recorded in 2020 as social expenditure, representing an increase of 49percent over the amount expended for the same purpose in 2019.
Besides, N5.8million was documented as environmental expenditure by three companies in the year, while information on Community Development Agreements was not disclosed.
The report further revealed that out of Nigeria’s total GDP of N152.32trillion in 2020, the solid minerals sector contributed N686.64billion representing only (0.45percent) while the sector’s contribution to the country’s exports during the period was a mere 0.14percent.
The NEITI report underlined the urgency for the government to invest aggressive energy, time, interest and resources towards the development of the solid minerals sector to maximise its potential for the future of Nigeria’s economy.
The NEITI report made 26 recommendations, one of which is the urgency to commence and intensify comprehensive reforms in the solid minerals sector.
It underlined as a priority, the restoration and establishment of a public-private-state-owned enterprise (SOE) to lead and drive investments in the sector.
This SOE, according to the report should be similar to the role of the NNPC in the oil and gas industry.
NEITI, however, strongly advised that any such public-private-state owned enterprise should adapt and emulate the Nigerian Liquefied Natural Gas (NLNG) model.
NEITI has so far published 11 cycles of the solid minerals industry reports spanning the period 2007 to 2020.
The 2020 Solid Minerals Industry report was conducted by AmeduOnekpe& Co. Chartered Accountants, an indigenous firm familiar with the principles and standards of the global Extractive Industries Transparency Initiative (EITI) and NEITI’s national mandate.
News
PDP Kicks As APC Wins FCT Council Polls
The Peoples Democratic Party (PDP) has inaugurated a special legal team to handle election petitions arising from last Saturday’s Area Council elections in the Federal Capital Territory.
This comes as the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
The Tide reports that the council elections were held on Saturday, February 21, 2026, across all six FCT area councils, including Abaji, AMAC, Bwari, Gwagwalada, Kuje, and Kwali.
Results announced so far by the Independent National Electoral Commission (INEC) show that the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
In a statement issued yesterday by PDP’s National Publicity Secretary, Ini Ememobong, the party congratulated its candidates, who emerged winners in the chairmanship and councilor elections.
The opposition party acknowledged the victories, noting that the number of wins was lower than expected but significant given the alleged irregularities during the polls.
“We specifically congratulate the Chairman-elect of Gwagwalada Area Council, Mohammed Kasim, and the councillors who have been declared successful by the Independent National Electoral Commission (INEC).
“This victory, though less in number than we anticipated, is particularly gladdening because it is against the background of unprecedented intimidation, high-powered money politics, and brazen executive brigandage,” the statement read.
Ememobong claimed that there are reports and video evidence indicating voter intimidation and unlawful conduct that influenced the outcome of the elections.
“Reports and video evidence abound where armed security personnel were used to cart away result sheets in polling units, intimidate voters, and unduly influence the outcome of the elections.”
To address complaints and litigations arising from the polls, he said the party has set up a legal team headed by its National Legal Adviser, Shafi Bara’u, Esq.
The statement urged candidates with legitimate grievances to contact the Legal Adviser promptly, as delays could jeopardise their chances in election petition cases.
“The incredible voter apathy in these polls is a direct response to the anti-people Electoral Act 2026, where the people have completely lost faith in the electoral outcomes from elections conducted under this Act.
“These Local Council polls may just be a foreshadowing of the forthcoming general elections in 2027 if changes are not urgently made,” the statement added.
The PDP called on the National Assembly and the President to take corrective action to safeguard the integrity of Nigeria’s democracy.
News
S’Court Gets New Justice As CJN Swears In Oyewole, Wednesday
The Chief Justice of Nigeria, Kudirat Kekere-Ekun, will on Wednesday swear in Justice Joseph Oyewole as a Justice of the Supreme Court of Nigeria.
The ceremony is scheduled to be held at 2pm at Courtroom Two of the Supreme Court complex in Abuja.
The court urged guests to adhere strictly to the court’s protocols and security measures.
This was contained in a statement issued yesterday by the Supreme Court’s Director of Information and Public Relations, Dr Festus Akande.
The court described Oyewole’s appointment as a step towards reinforcing the capacity of the apex court to deliver fair and timely judgments.
Recall that Oyewole was, until his elevation, a Justice of the Court of Appeal and Presiding Justice of the Enugu Division, and joins the apex court bench as part of ongoing efforts to strengthen the judiciary.
The National Judicial Council recommended Oyewole for the position alongside 35 others for various judicial offices, following its 110th meeting held on January 13, 2026, and presided over by Justice Kekere-Ekun.
The statement partly read, “The Chief Justice of Nigeria, Hon. Justice Kudirat Kekere-Ekun, GCON, will on Wednesday, 25th February, 2026, preside over the swearing-in ceremony of the newly appointed Justice of the Supreme Court, Hon. Justice Joseph Olubunmi Kayode Oyewole, JCA.”
According to the statement, Oyewole served with distinction at the Court of Appeal and as Presiding Justice of the Enugu Division prior to his elevation.
“His appointment underscores the commitment of the Nigerian judiciary to upholding the rule of law, ensuring justice, and strengthening the bench with experienced and dedicated jurists. He brings a wealth of legal expertise and integrity to the apex court to further enhance its capacity to deliver fair and timely judgments,” the statement added.
The apex court further described the swearing-in as “another significant step in rejuvenating the judiciary and ensuring the continued delivery of justice in line with the highest standards of integrity, competence, and impartiality.”
The Supreme Court reiterated its commitment to justice, fairness and judicial independence for the benefit of Nigerians.
News
Fubara Mourns Senator Mpigi
Rivers State Governor, Sir Siminalayi Fubara, has expressed deep shock and sadness over the sudden passage of Senator Barinada Mpigi, the Senator representing South East Senatorial District of Rivers State.
In a tribute to mourn the deceased, Governor Fubara described Mpigi as a brother, a consummate politician and one of the leading lights in Rivers State.
He said that Mpigi died at a critical time when his services were still needed by the people of Rivers State and prayed God Almighty to grant him eternal rest.
The governor commiserated with his immediate family, the Rivers South East Senatorial District and the Senate at large, asking them to take solace in the fact that the deceased lived a good life and impacted positively on the people.
Senator Mpigi died at the age of 64. Until his death, he was the Chairman of the Senate Committee on Works.
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