Business & Economy
Senate asks FG to deploy security agencies to mining communities
By George Mgbeleke, (Abuja)
The Senate on Thursday called on the federal government to deploy security agencies to mining communities across the country in order to maintain vigilance around mining areas.
The call was a sequel to a motion sponsored by Sanni Musa (APC, Niger East) during the plenary.
According to the Lawmaker, seven persons were rescued and over 30 others died at a collapsed mining site in Galadima Kogo, in Shiroro Local Government Area (LGA) of Niger State on Monday.
He also noted that Niger State Commissioner for Humanitarian Affairs and Disaster Management, Ahmed Yumu, on Wednesday, announced that insecurity and difficult terrain are hindering rescue operations of miners trapped in the site.”
Senator Musa, while presenting his motion, argued that there is a need to secure the Niger mining site and other mining communities to forestall future occurrence.
The Niger senator stressed that securing the mining communities with adequate security agencies will reduce illegal mining and its consequences.
He called on the federal government to investigate the circumstances surrounding the collapse of the mining site in Niger.
In his prayers senator Musa prayed the senate to observe a minute of silence in honour of the victims of the collapsed mining site.
He wanted the senate to encourage the National Emergency Management Agency (NEMA) and other relevant agencies of the government to recover remains of the deceased trapped in the collapsed mining site.
The Lawmaker also asked the senate to mandate its Committee on Solid Minerals to conduct an on the spot assessment of the site to ascertain the cause of the rockslide.
In their Contributions; Deputy Senate President, Barau Jibrin, lamented the consequences of the illegal mining on the communities and the country’s economy.
“It is unfortunate that this incident occurred in the first place. This intensifies the need for the government to strengthen the regulation of the solid mineral sector. We all know that the government is doing very well in this regard. Still, it has become a cause of concern that we have a lot of illegal miners who are exploiting the resources that belong to the people of this country without paying what is due to the government.
“If that is done, the government will be put in a better place to acquire all the necessary equipment and expertise to solve this problem or even stop it from happening.
“Sadly, the government is being short-changed, and people exploit these minerals owned by the people of this country without paying the necessary fees to the government. This is not what is being done in other parts of the world.
“We need to move to make sure that our solid minerals are exploited in line with international best practices and all and sundry should come together to assist the government in its resolve to deal with this matter decisively, making sure that whatever is due to the government should be paid to the coffers of the government and not allowing even foreigners, to come in and exploit these minerals, taking them to their countries without paying the government what is due to it.
“We need to be up and doing, not only the Solid Minerals ministry but all of us, including the Senate, in trying to see how our solid minerals sector can be operated in line with international best practices and whatever that is supposed to go into the coffers of government goes into the coffers of government,” he said.
Senator Abdul Ningi (PDP, Bauchi Central), condemned the incident and described it as a “very sad moment” for Nigerians.
Ningi said illegal mining posed danger to the people.
Senator Imasuen Bernards (LP, Edo South) urged the government to pay attention to the effect of illegal mining.
- Also Senator Tahir Monguno (APC, Borno North) said the major reason for illegal mining in the country was because there was no legal framework that guides the mining sector.
Business & Economy
Alausa To Universities, NASENI: Move Lab Breakthroughs to Factories, Jobs,wealth
By Our Correspondent
The Minister of Education, Dr. Maruf Tunji Alausa, has called on Nigerian universities and the National Agency for Science and Engineering Infrastructure, NASENI, to bridge the divide between scholarship and the market by transforming campus inventions into enterprises, employment and real-world solutions that can power Nigeria’s economic renewal.
The Minister made the declaration during a briefing for Vice-Chancellors, Directors of Academic Affairs, Directors of Postgraduate Studies and officials of the Federal Ministry of Education’s Directorate of University Education. The meeting focused on a proposed partnership model through the NASENI Campus. He said the model is designed to link researchers with state-of-the-art laboratories, prototyping hubs, industry players and funding sources, creating a clear route for ideas to travel from the lab bench to commercial use.
According to Dr Alausa, Nigeria must intentionally shift from pure research to commercial rollout if it wants to get full value from its people. He warned that research should not stop at journal articles or demonstration models. Citing the innovation cluster around Cambridge, Massachusetts as a reference, Dr. Alausa said Nigerian academics should be able to secure patents for their work, scale those inventions into sellable goods, and team up with investors to launch sustainable firms. That, he noted, is how intellectual capacity becomes tangible national progress.
To deliver this, he urged NASENI to deepen ties with universities located near its development centres. Universities, he said, hold a large reservoir of researchers, lecturers and students whose skills can strengthen the agency’s mandate. NASENI, he added, can fill the critical gap between academic work and business success by assisting with patent applications, linking innovators to venture capital, and helping to set up spin-off companies. He also tasked the agency to look into lithium refining and battery production as Nigeria ramps up renewable energy and industrial growth.
Reiterating government backing, Dr. Alausa said the Ministry will keep working with NASENI, universities and other partners to build a working pipeline from research and innovation through to investment, manufacturing and job creation.
Under President Bola Ahmed Tinubu’s Renewed Hope Agenda, he stressed, the goal is not just to generate more research papers, but to ensure Nigeria’s knowledge, skills and inventions become products, companies, jobs and lasting prosperity for citizens.
Earlier, the Executive Vice Chairman and Chief Executive of NASENI, Mr. Khalil Suleiman Halilu, outlined the agency’s push to close the gap between research and manufacturing, in line with President Bola Ahmed Tinubu’s directive to go beyond prototypes and reach full production. He said the planned NASENI Campus will sit inside a 100-hectare free trade zone and function as a fully integrated ecosystem where scholars, professors, prototyping units, industries and commercial pathways operate side by side. Several factories and industrial plants are already set up within the zone.
Giving a practical example, the Vice-Chancellor of the University of Abuja, Professor Hakeem Babatunde Fawehinmi, said the school’s current collaboration with NASENI shows what the model can achieve. The partnership has delivered an integrated agricultural incubation centre, greenhouse units, automated poultry systems and tissue culture laboratories that serve both undergraduate and postgraduate research. He added that the university is prepared to expand the work into dairy science and renewable energy.
Also highlighting market-ready research, the Vice-Chancellor of Bayero University, Kano, Professor Haruna Musa, said BUK is pursuing wider cooperation with NASENI in nanotechnology, vaccinology, toxinology and mathematical modelling. He revealed that two BUK projects have reached the final phase of NASENI’s research commercialisation grant scheme. The projects are a reusable sanitary pad and the industrial production of starch derivatives from sweet potatoes.
Business & Economy
Africa’s mineral wealth must not cost human lives — Ministers’ Group warns after Zamboye disaste
By Correspondent
The African Minerals Strategy Group, (AMSG), has disclosed that the collapse of an artisanal gold mine in Zamboye, Central African Republic, which reportedly killed more than 100 miners, as a “profound tragedy” that should trouble the conscience of the continent.
In a press statement signed by its Chairman, Dr. Dele Alake, the group said the victims were not just statistics but “brothers, fathers, uncles, sons and indeed, bread-winners.”
“On behalf of the African Minerals Strategy Group, I extend my deepest condolences to the Government and people of the Central African Republic, (CAR) and most especially to the families who have lost loved ones in this terrible disaster. We stand in solidarity with them at this moment of grief,” Alake stated.
He, however, said condolences alone were not enough, stressing that the disaster must force African countries to confront the dangers of illegal and unregulated mining.
According to him, illegal mining has not only deprived African countries of legitimate revenues and damaging the environment, but it has also facilitated illicit trafficking of mineral resources and putting lives at grave risk.
“This tragedy is again, a painful reminder that behind every statistic about illegal mining are human beings—young men and women trying to earn a living, support their families and escape poverty,” he said.
Alake emphasized that “no mineral is valuable enough to justify the loss of a human life.”
The AMSG Chairman called for a dual approach: firm enforcement of laws against illegal mining and criminal networks, and the creation of legal, safe and productive pathways for artisanal and small-scale miners.
“The African Minerals Strategy Group will continue to advocate a continental approach that strengthens regulation, improves mine-safety standards, promotes responsible formalisation of artisanal and small-scale mining, protects mining communities and ensures that Africa’s mineral wealth translates into decent livelihoods rather than preventable deaths,” he said.
He warned that the Zamboye incident must not become “another statistic that we mourn today and forget tomorrow.
“Africa’s mineral revolution must be a revolution that values both the mineral beneath our soil and the human life above it. We owe the victims of Zamboye more than our condolences. We owe them action,” Alake added.
Artisanal mining employs millions across Africa but remains largely unregulated, with frequent accidents, child labour, and environmental damage reported in mining communities.
Stakeholders said formalising the sector through training, access to finance, safety equipment, and designated mining zones could save lives and increase government revenue.
The AMSG is a continental body of African Ministers responsible for mineral resources, set up to coordinate policy and ensure Africa benefits optimally from its mineral wealth.
Business & Economy
Tinubu’s new tax break sparks a $50 billion offshore rush
By Our Correspondent
In abid to enhance the nation’s revenue earnings,President Bola Tinubu just signed the Deep Offshore Oil and Gas Project Incentives (Tax Remission) Executive Order 2026, and it’s designed to do two big things at once: pull in up to $50 billion in fresh capital and add roughly one million barrels per day of crude and condensate from Nigeria’s deepwater fields.
Speaking Tuesday on NTA with Cyril Stober, Engineer Enorense Amadasu, Executive Commissioner for Development and Production at the Nigerian Upstream Petroleum Regulatory Commission, represented the Commission Chief Executive.
Amadasu said the order sets up a clear, rules-based investment structure built for the next wave of deep offshore projects. The goal is to cut red tape so international oil companies can move from plan to payout faster.
Right now Nigeria produces about 1.7 million barrels per day of crude and condensate. Deep offshore still plays a smaller role: around 24% of total oil output and 19% of gas.
Amadasu credited the President for steering the sector forward.
“We are on the right path all thanks to Mr. President. It will be a huge leap. As of today, we have mined over 4.6 billion barrels from deep offshore assets. In cargo terms that is over 5,000 tankers,” he said. He added that the new framework now opens more room for growth in deepwater.
The volumes won’t appear from nowhere. Nine projects already have Field Development Plans worth billions approved by NUPRC. The next milestone is Final Investment Decision, and the EO is meant to speed that up.
“So, where will these volumes be coming from? Nine of these projects have approved FDPs so the next step expected is the FID in the near to midterm. The $10bn Bonga South will come in 2027 and within the next four to five years, we are expecting almost an additional one million barrels additional per day,” Amadasu stated.
The order isn’t just about wells. Amadasu pointed to the wider marine economy. To handle the coming surge, Nigeria will need to expand its logistics and marine base to support deepwater operations.
The broader ambition: position Nigeria as the go-to regional center for deep offshore projects in West Africa.
According to the Executive Commissioner, the incentives also deliver: Bigger reserves;:more oil and gas booked for the future,Technology and skills transfer, new expertise coming into local teams .New jobs, employment across drilling, services, and support industries.
In a statement issued by Head, Media and Corporate Comm, Eniola Akinkuotu the 2026 EO ties tax relief to tangible output, with $50bn in investment, 1 million bpd more production, nine shovel-ready projects, and a push to make Nigeria’s deepwater the hub for the region
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