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Development of Solid Minerals Imperative for Economic Growth – Abbas

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The Speaker, House of Representatives, Rep. Abbas Tajudeen said that development of solid minerals is imperative for building a diversified, inclusive and resilient economy.

Abbas, represented by Rep. Mark Oseni, stated this while declaring open a public hearing on four bills by the House committee on Solid minerals Development in Abuja on Thursday.

He said that the bills if enacted would be a paradigm shift from over concentration on a single commodity over the years.

“For decades, our economy has been heavily reliant on a single commodity.

“As we look towards building a diversified, resilient and inclusive economy, the development of our solid minerals sector is not just an option, it is an imperative,” he said.

Abbas explained that these bills collectively addressed the key challenges and opportunities in the solid minerals sector, from legal frameworks and institutional reforms to funding mechanisms and human development.

The Speaker expressed the willingness of the House to examine the Bill to establish the Nigerian Mining Development Bank, which will provide the necessary financial support for indigenous miners.

Abbas, who highlighted the importance of the public hearing, said that it is not merely a procedural step; but a fundamental pillar of our democratic process.”

He described it as a vital platform for robust public engagement and for capturing a diverse range of perspectives on legislation that will shape the future of Nigeria’s solid minerals sector.

Abbas, therefore, urged the participants to engage in a constructive, open and impactful dialogue, aimed at building a vibrant and transparent mining sector for jobs creation, investment and national development goals.

Also speaking, the Chairman, House Committee on Solid Minerals Development Rep. Jonathan Gbefwi, described the exercise as not just a constitutional duty, but a strategic step towards repositioning the solid minerals sector.

Gbefwi said that such is necessary to reposition the solid minerals sector as a strategic pillar in economic transformation.

According to him, the objectives of the bills include to modernise old and obsolete legal instruments such as the Nigerian Coal Corporation Act.

He reiterated the Committee’s commitment to a participatory process, saying that the success of these legislative efforts depend on how well they reflect the realities and aspirations of all stakeholders.

The four bills include, A Bill for an Act to repeal the Nigerian Coal Corporation Act and enact the Nigeria Coal Development Commission.

A Bill for an Act to ensure adequate funding for mineral resources exploration and extraction through Public-Private Partnerships.

A Bill to establish the Lithium Development Commission of Nigeria, a visionary piece of legislation that recognises the global importance of this mineral and seeks to position Nigeria as a key player.

The Bills to establish multiple Federal Institutes of Mining and Geosciences across various States: Garaku in Nasarawa  State, Takum in Taraba, Ikoro in Ekiti, Akamkpa in Cross River, Gusau in Zamfara and Umuahia in Abia.

POLITICS

Tinubu Signs 2025 Budget Amendment Bill

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By David Torough, Abuja

President Bola Tinubu has signed the Appropriation (Amendment) (No. 4) Bill, 2025, extending the implementation period of the 2025 budget from September 30, 2026, to December 31, 2026.

The amendment was passed by the Senate and the House of Representatives on Tuesday, September 29, 2026, before being transmitted to the President for assent.

According to a statement issued on Wednesday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, the extension will give Ministries, Departments and Agencies (MDAs) additional time to complete ongoing capital projects.

The statement said the move would ensure that funds already appropriated are fully utilised without disrupting critical government programmes.

“The extension gives Ministries, Departments and Agencies more time to complete ongoing capital projects,” the statement said.

“It ensures that funds already appropriated are fully put to work for Nigerians, without disrupting critical programmes.”

Tinubu also commended the leadership and members of the National Assembly for what the statement described as the prompt consideration of the amendment.

The president said the development demonstrated continued cooperation between the Executive and Legislative arms of government in the interest of the country.

The amendment therefore allows the Federal Government to continue implementing the 2025 budget until December 31, 2026, instead of the earlier September 30 deadline.

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Tinubu Submits NDDC 2026 Appropriation Bill

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President Bola Tinubu has submitted the 2026 Statutory Budget Proposal of the Niger Delta Development Commission (NDDC) to the House of Representatives for consideration and passage.

This is contained in a letter dated Aug.

20, 2026, addressed to the Speaker of the House of Representatives, Rep.
Abbas Tajudeen and read by the Deputy Speaker, Rep.
Benjamin Kalu at plenary on Tuesday in Abuja.

In the letter, Tinubu said that the budget was prepared by the Minister of Niger Delta Development in line with the provisions of Section 121 of the 1999 Constitution.

According to him, the proposal was based on the NDDC’s revenue and expenditure forecasts and it aligned with the fiscal and developmental policies of the Federal Government and the Renewed Hope Agenda.

He said that the proposal also took into consideration the 2024–2026 Economic Recovery Growth Plan as well as key assumptions of the 2026 Appropriation Act of the Federal Government.

The President said the NDDC had prioritised programmes aimed at improving youth empowerment, energy and power supply, education, industrial and enterprise development, health and security.

He also listed increased agricultural productivity among the commission’s priorities, saying the interventions were intended to lift a significant number of citizens out of poverty.

Tinubu urged the House to give the proposal consideration and ensure its timely passage.

“I look forward to the timely passage of the 2026 Statutory Budget Proposal of the NDDC by the House of Representatives,” he said. (NAN)

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Akume Tasks MDAs on Concrete Actions to Strengthen Transparency, Public Trust

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By David Torough, Abuja

The Secretary to the Government of the Federation, Sen. George Akume, has charged Ministries, Departments and Agencies (MDAs) to translate the findings of the 2026 Transparency and Integrity Index (TII) into concrete improvements in their operations in order to strengthen accountability and public trust.

He gave the charge while delivering the keynote address at the presentation of the 2026 Transparency and Integrity Index held at the Auditorium of the Federal Ministry of Finance, Abuja.

The SGF said the administration of President Bola Tinubu, remains committed to open, accountable and responsible governance, stressing that public institutions must ensure that their policies, programmes and actions are transparent, visible and understandable to Nigerians.

According to him, the Index has become a vital instrument for assessing accountability, openness and ethical standards across government institutions, while providing MDAs with clear benchmarks to identify areas of strength and gaps requiring improvement.

He urged heads of MDAs to integrate the findings and indicators of the Index into strategic planning, performance management, budget priorities, procurement processes, staff training and digital disclosure rather than allow the report to become another document left unused.

“The report should not sit on the shelf and should inform management decisions, budget priorities, procurement processes, staff training, digital disclosure, and how you communicate with the public,” he said.

Akume emphasised that transparency should be viewed as an institutional asset rather than an administrative burden, noting that integrity must be embedded in the procedures and culture of public institutions through clear policies, proper record-keeping, effective oversight, ethical leadership and consequences for wrongdoing.

He further tasked MDAs to take advantage of technology by ensuring that their websites and data portals provide accurate, timely and user-friendly information, including current budget, contract and service information, to enable citizens to effectively engage government and track the utilisation of public resources.

The SGF explained that the 2026 TII assesses public institutions in five critical areas comprising fiscal transparency, open procurement and contracting, human resources and inclusion, control of corruption and citizens’ engagement, adding that the initiative complements existing public service reforms, anti-corruption measures and Nigeria’s Open Government Partnership commitments.

He noted that the ultimate objective of transparency and integrity should go beyond institutional rankings to building public institutions that Nigerians can understand, engage with and hold accountable, while safeguarding public resources and improving service delivery.

“The Federal Government remains fully committed to this goal. We will continue building institutions that are transparent, accountable, professional and responsive to the needs of the people,” the SGF said.

Akume commended the Bureau of Public Service Reforms (BPSR) and the Centre for Fiscal Transparency and Public Integrity (CeFTPI) for sustaining the initiative, while calling for stronger collaboration among government, civil society, professional bodies, development partners and the media in strengthening transparency and bringing corruption to its knees.

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