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BREAKING: Nigeria Cracks Down on Illegal Mining!

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The government is taking action against unlicensed miners, arresting dozens since April for allegedly stealing lithium and other critical minerals.

Photos show miners at work in illegal tin mining sites in Jos, Nigeria, while women are also seen working in hazardous conditions.

The crackdown comes as Nigeria seeks to regulate its mining industry, curb illegal activity, and benefit from its rich mineral resources.

The global demand for lithium, tin, and other minerals has surged due to the clean energy transition, making Nigeria’s mineral deposits a hot target.

But illegal mines are rampant, with corruption and remote locations enabling illicit mining practices that fund militia groups.

The recent arrests in Kishi, Oyo State, resulted in 32 arrests, including Chinese nationals, and the seizure of lithium loads.

Locals welcome the crackdown, citing insecurity and environmental concerns.

Nigeria is emerging as a critical mineral hub, and the government is determined to ensure the industry is regulated and benefits the country.

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NNPC is hiring individuals to join their dynamic team. If you’re passionate about working with oil company, this might be a great opportunity. See flyer for details.

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ATTENTION: NNPC is hiring individuals to join their dynamic team. If you’re passionate about working with oil company, this might be a great opportunity. See flyer for details.

 

Application link 👇

https://careers.nnpcgroup.com

Share to your loved ones!

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Gabon Invites Dangote To Explore Business Opportunities, Amid Attacks In Nigeria.

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President Brice Oligui Nguema of Gabon has invited Africa’s wealthiest man, Aliko Dangote, to invest in his country.

According to Dangote Industries Limited, the billionaire was asked to explore investment opportunities in Cement and Fertiliser (Urea and Phosphate).

“President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon,” Dangote Group said in a statement.

“The President urged Dangote to explore potential investment opportunities in the country’s cement and fertilizer sectors, specifically urea and phosphate production.

According to the statement, Dangote conversed with Nguema and other top government officials during the visit.

“The talks focused on how Dangote Industries could contribute to Gabon’s economic growth by establishing cement and fertilizer plants, which are vital for the country’s infrastructure development and agricultural productivity,” Dangote Group said.

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Fuel crisis: Marketers project N700bn monthly subsidy

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Monthly Subsidy: Oil marketers project a monthly subsidy of about N707 billion due to the high landing cost of petrol

Landing Cost: The landing cost of petrol is N1,117 per liter, which is the main reason for the high monthly subsidy

Dangote Refinery: The Dangote Petroleum Refinery is expected to begin petrol production in August, but the company might export the product due to crude oil supply crisis and regulatory challenges

Government Intervention:  The Minister of State for Petroleum Resources, Heineken Lokpobiri, met with officials of Dangote refinery and other stakeholders to address the concerns between Dangote refinery and oil sector regulators and operators

House of Representatives: The House of Representatives inaugurated an investigative committee to look into the non-availability of crude oil to domestic refineries and allegations of deliberate hike in the cost of the product for profiteering

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