#Dele Alake

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Shiroro mines killings: FG warns embassies to monitor nationalists activities

The Federal Government warned embassies in Nigeria to monitor the activities of their nationals in the mining sector as allegations of criminal conduct pose serious threats to the bilateral harmony between Nigeria and other countries in the world. Minister of solid minerals Development Dele Alake gave the warning while reacting to the death of 12 miners where shot dead by bandits at Unguwar Magro…

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FG T0 Improve Power Generation

FG T0 Improve Power Generation As 6,000 Megawatts Of Power Targetted Before 2025 In an effort to renew the hope of all Nigerians, Federal Government of Nigeria under the leadership of President Bola Tinubu has targetted 6,000 megawatts of power before next year. Revealed by the honourable Minister of Power, Chief Bayo Adelabu, the federal government is working to improve the megawatts of power…

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FG: Mining firms owing Nigeria trillions of Naira

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African Issues: President Tinubu Ready To Take Up Gauntlet, Says Dele Alake

President Bola Tinubu recognises that Nigeria is being looked upon for leadership, and he is prepared to step up to the challenge. Dele Alake, the Special Adviser to the President, Special Duties, Communications, and Strategy, made this known to State House Correspondents on Saturday following the visit of President Umaro Sissoco Embaló of Guinea Bissau to President Tinubu at his Ikoyi, Lagos…

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Prioritizing local value addition, according to Minister of Solid Minerals Development, is essential to Africa's economic growth and development

African industrialisation and sustainable economic growth depend heavily on local value addition, according to Minister of Solid Minerals Development Dr. Dele Alake. During the 79th UN General Assembly, Alake spoke at the African Minerals Strategy Group (AMSG) meeting and criticised the present tendency of exporting raw minerals for processing elsewhere, which causes economic losses and a…

[saynaija]

President Tinubu Celebrates Minister Of Solid Minerals, Dele Alake, On 67th Birthday

President Tinubu Celebrates Minister Of Solid Minerals, Dele Alake, On 67th Birthday President Bola Tinubu extols the virtue of his long-time ally, confidant, and present Minister of Solid Minerals Development, Hon. Dele Alake, on the occasion of his 67th birthday. The President cherishes Hon. Alake’s patriotism and unwavering dedication to service, as well as the close relationship they have…

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Why Tinubu Assigned Me Ministry Of Solid Minerals – Dele Alake Reveals

The Minister of Solid Minerals Development, Dele Alake, has disclosed why President Bola Tinubu assigned him to the ministry. Why Tinubu Assigned Me Ministry Of Solid Minerals – Dele Alake Reveals Alake said Tinubu assigned him to the ministry because the position was sensitive to Nigeria’s economic renewal. He spoke while addressing journalists after his inauguration alongside 45 new ministers…

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Federal Government Intervenes in Osun State, Segilola Gold Mine Dispute

The Ministry of Solid Minerals Development has established a fact-finding team to investigate the disputes between Osun State Government and Thor Explorations Limited, owners of the Segilola Resources Operating Limited. The controversy surrounds taxation and operational matters. Minister of Solid Minerals Development, Dr. Dele Alake, announced the probe, emphasizing the need for resolution to…

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The Minister of Solid Minerals Development, Dr. Dele Alake, has announced that President Bola Tinubu has allocated 1,200 bags of rice to each Nigerian minister to help alleviate the nation’s economic challenges. The distribution is part of a federal initiative aimed at tackling food insecurity, especially at the grassroots level. Read Also: Omoyele Sowore Released After Detention at Lagos Airport In a statement issued by his Special Assistant on Media, Segun Tomori, Dr. Alake revealed that his allocation will be directed primarily towards elderly citizens, highlighting the importance of prioritizing the most vulnerable populations during these challenging times.   “We must reach out to our elderly fathers and mothers to show our commitment to caring for the aged in our communities,�� Dr. Alake said, noting the difficulties older citizens face in accessing food distribution centers. Read Also: SERAP Sues Tinubu Over Failure to Reverse Petrol Price Hike, Probe NNPCL Amid DSS Intimidation He added that future distributions would extend to other vulnerable groups, including widows, orphans, persons with disabilities, and students. This effort is part of the federal government’s broader strategy to address the country’s economic difficulties, worsened by inflation and other economic pressures.   In a related development, the federal government has distributed 740 trucks of rice, each carrying 1,200 bags, to all 36 states and the Federal Capital Territory. State governments are responsible for ensuring that the rice reaches the most vulnerable citizens in their respective regions.   Dr. Alake also called on well-meaning Nigerians to join the relief efforts, stressing the importance of collective action in combating hunger and poverty across the nation.

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Henry Dele Alake Biography: Wife, Age, Net Worth, Height, Pictures, Wikipedia, Contact Number http://dlvr.it/TCHRxK

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Tinubu Celebrates As Nigeria Sells Gold, Injects $5m Into Economy

Nigeria has recorded a commercial transaction of raw gold sales at the London Bullion Market Association, the Minister of Solid Minerals Development, Dele Alake disclosed on Sunday. He said the sales have delivered a $5m increase in Nigeria’s foreign reserves, 70 plus kilograms of gold refined to the London Bullion Market Good Delivery Standard and successful aggregation of locally mined gold…

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BREAKING: Nigerian govt revokes 924 dormant licences in mining industry

The federal government has taken decisive action in the mining sector, revoking 924 dormant licences across various segments, including exploration, mining, small-scale mining, and quarrying. Dele Alake, the Minister of Solid Minerals Development, announced this during a news conference held on Wednesday.  Alake emphasized that the revocations were in line with constitutional provisions and due…

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Nigeria and UK Partner in Mineral Development

The Nigerian Government has entered into a partnership with the UK to enhance development in critical mineral deposits. The collaboration will see the establishment of a joint technical working group, as announced by the Minister of Solid Minerals Development, Dele Alake. The announcement follows a meeting between Minister Alake and UK Deputy Prime Minister Oliver Dowden during the Mines and Money conference in London last December. Subsequently, a delegation from the British High Commission, led by Deputy High Commissioner Johnny Baxter, visited Minister Alake on Tuesday to finalize details of the collaboration. Minister Alake emphasized that this partnership is expected to attract investments across the entire mining sector value chain. He highlighted President Bola Tinubu's administration's commitment to improving the ease of doing business in the mining sector, including the establishment of a new security architecture for natural resources. Furthermore, the government plans to enhance governance in the sector by establishing a Nigerian Mining Corporation led by the private sector. Minister Alake reiterated the administration's dedication to cleansing and repositioning the mining sector, with the ultimate goal of significantly boosting its contribution to the nation's revenue. Dele Alake, Nigeria's Minister of Solid Minerals announced the new partnership with the UK government in Abuja on Wednesday, according to a statement by his Media Special Assistant, Segun Tomori. Read the full article

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Nigerian government vows stringent action against illegal mining

The Federal Government has urged miners in the country to strictly adhere to proper licensing procedures before commencing operation, vowing to implement stringent actions against illegal miners. The Minister of Solid Minerals Development, Dr Dele Alake stated this on Thursday during a meeting with licensed mineral holders, laterite and sand operators in Kaduna State. According to the Minister, after securing their mining license, the operators also ought to obtain a permit, stressing that a “Permit to mobilize to the site is a letter that will introduce you to the state and local governments as well as communities through their traditional ruler, making mining activities smoother.” The Minister who was represented by the acting Zonal Mines Officer, Mr Kutman Ali, urged the operators in Kaduna State to endeavour to clear their outstanding debts promptly. Highlighting the financial obligations, Alake revealed that miners and operators across the country owed the Federal Government over N2 trillion, with Kaduna State alone accumulating a debt exceeding N300 billion. Alake said the meeting was to outline the minister’s plans for the mining sector in 2024 and beyond. He emphasized the revitalization of the Special Mines Surveillance Taskforce (SMSTF) to combat illegal mining and ensure timely payment of royalties and taxes. Read the full article

[jayessentialsblog]

Prioritizing local value addition, according to Minister of Solid Minerals Development, is essential to Africa's economic growth and development

African industrialisation and sustainable economic growth depend heavily on local value addition, according to Minister of Solid Minerals Development Dr. Dele Alake. During the 79th UN General Assembly, Alake spoke at the African Minerals Strategy Group (AMSG) meeting and criticised the present tendency of exporting raw minerals for processing elsewhere, which causes economic losses and a shortage of jobs in Africa. He advocated for a move towards domestic manufacturing to raise GDP on the continent, create jobs, and lessen dependency on imports. Alake emphasised the mineral richness of Africa, which has yet to be converted into economic success. These deposits include substantial global quantities of manganese, cobalt, and platinum. Rather, the continent continues to live in poverty as a result of exporting raw materials for processing elsewhere and buying back completed goods at exorbitant costs. Read the full article

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By • Olalekan Fagbade BREAKING; Federal Government revokes 1,633 mining Licenses, warns illegal miners The Minister of Solid Minerals Development, Dr Dele Alake, on Tuesday announced revocation of 1,633 mining titles for defaulting on payment of annual service fees. Alake made this known at a news conference in Abuja on Tuesday. According to him, in compliance with the law, the Mining Cadastral Office (MCO) on Oct. 4, began the process of revoking 2,213 titles. “These included 795 exploration titles, 956 small scale mining licences, 364 quarry licences and 98 mining leases. “These were published in the Federal Government Gazette Number 178, Volume 110 of Oct. 10 with the notice of revocation for defaulting in the payment of annual service fee. “The mandatory 30 days expired on Nov. 10. Only 580 title holders responded by settling their indebtedness. “With this development, the MCO recommended the revocation of 1, 633 mineral titles as follows: Exploration Licence, 536; Quarry Licence, 279; Small Scale Mining Licence, 787 and Mining Lease, 31. “In line with the powers conferred on me by the NMMA 2007, Section 5 (a), I have approved the revocation of the 1,633 titles,” the minister said. He said that the titles would be reallocated to more serious investors. He warned the previous holders of the titles to leave the relevant cadaster with immediate effect. He said that security agencies would work with the mines inspectorate of the ministry to apprehend any defaulter found on any of the areas where titles had been revoked. “We have no doubt in our mind that the noble goals of President Bola Tinubu to sanitise the solid minerals sector and position the industry for international competitiveness are alive and active. “We appeal to all stakeholders for their co-operation in achieving these patriotic objectives and encourage those who have done business in this sector the wrong way to turn a new leaf. “Ultimately, the Nigerian people shall be the winners,” he said. According to Alake, It is indeed very unconscionable for corporate bodies making huge profits from mining to refuse to give the government its due by failing to pay their annual service fee. “It is indeed a reasonable conjecture that such a company will even be more unwilling to pay royalties and honour its tax obligations to the government. “The amount the companies are being asked to pay is peanut compared to their own revenue projections. ” For example, the holder of an exploration title pays only N1,500 per cadastral unit not exceeding 200 units. Those holding titles covering more than 200 units pay N2,000 per unit, In short, the larger the area your title covers, the more you pay. “This principle was applied to ensure that applicants do not hold more than they require to explore. “With a cadastral unit captured as a square of 500 metres by 500 metres, any law-abiding title holder should not hesitate to perform its obligations,” he said. The minister said that every sector required a governance system that regulated the conduct of its participants, the procedures for entry and exit, the obligations of the government to participants and the penalties for non-compliance. He said that the philosophy of the Nigerian Minerals and Mining Act 2007 was to establish a rational system of administering titles transparently and comprehensively to ensure a seamless transition from reconnaissance to exploration and from exploration to mineral extraction. “The principal agency for the administration of titles is the MCO, which receives applications, evaluates them, and issues titles with the approval of the office of minister of solid minerals development. “Although the MCO has tried to improve its efficiency by adopting new application administration technology, it continues to face challenges in monitoring the compliance of title holders,” he said. He warned illegal miners to desist from their illegal activities as their “days were numbered ”. (NAN)