Uncategorized
Mining coy Advocates Strategic Investment in Nigeria’s Lithium
![](https://dailyasset.ng/wp-content/uploads/2022/12/mining-4.webp)
A mining company, Segilola Resources Operating Ltd, has called for strategic investment in lithium, particularly because of its demand as one of the critical minerals for the global energy transition.
The Chief Executive Officer (CEO) of the company , Mr Segun Lawson, made the call in his remarks at the 2024 African Natural Resources and Energy Investment Summit (AFNIS), on Wednesday in Abuja.
Segilola Resources Operating Ltd, is an indigenous gold mining company in Ilesha, Osun state.
In 2023, the project produced 84,609 ounces ( 2,398.6 kilogrammes) of gold amounting to $194.4 million at current prices.
Lawson expressed delight that Nigeria was gaining recognition for its minerals, which it possessed in commercial quantities.
According to him, the country can reposition the solid minerals sector through addressing illegal mining.
“Concerted efforts and stakeholders engagement is required in addressing illegal mining .
“ Nigeria is loosing nine billion dollars in illegal mining,” he said.
He lamented that insecurity was also affecting mining activities and depriving the county of the requisite revenue it can derive from the sector .
The CEO, however, commended the federal government on its efforts in addressing the menace through the establishment of the Mining Marshals, a special unit drawn from the Nigeria Security and Civil Defence Corps (NSCDC), to combat illegal mining.”
He listed other challenges in the sector to include environmental degradation, mining by minors which he said require urgent action.
He said that the company was committed to developing the local economy of its host communities, saying that its work force was 98 per cent local employees .
He said the summit would showcase the vast minerals resources of Nigeria to the global community and boost its development .
“The summit will make Nigeria and Africa, attractive destination for Solid minerals investment ,” he said.
The theme of the summit, which opened on July 16 to close on July 18 is “Natural Resources for Economic Development.’’
The summit is the third edition and is being hosted by the Federal Government in partnership with Core International Mining Company. (NAN)
Uncategorized
Petrol Price Hike: Residents Stranded as Transporters Protest in Ilorin
![](https://dailyasset.ng/wp-content/uploads/2024/09/lkm.jpg)
Several commercial transport operators in Ilorin on Thursday stormed some major streets in the metropolis to protest the new hike in petrol pump price.
During the protest, they expressed their displeasure with the sudden price hike, with the action leading to untold hardship for thousands of commuters.
The protests which commenced on Thursday morning significantly disrupted the movement of commercial vehicles across the city.
This forced passengers to resolve to trekking to their destinations.
The protest was spearheaded by some operators of commercial tricycles and commercial motorcycle riders who blocked several major roads in the city.
The road blocks occurred at Taiwo Isale, Coca-Cola road Junction, Maraba, Gambari Road and Offa Garage, bringing traffic to a standstill for several hours.
Consequently, commuters faced severe delays as the protesters restricted vehicular movements, demanding immediate action to address the situation.
Jimoh Abubakar, a commercial tricycle operator who spoke with newsmen at Maraba, revealed that the protest was because of the sudden hike in fuel pump price.
Abubakar said the increase was unfair, adding that transporters hardly made profit due to money spent on fuel.
“In fact, when we were charging N50 per drop, it was more profitable than now. The hardship is too much, the government should help us,” he said.
Another tricycle rider, Yusuf Issa, also called on government to reduce fuel pump price, saying tricycle riders now spend all their income on fuel.
“They (government) should reduce it totally. It is becoming very difficult to make any profit, not to talk of taking care of the family from what we do for a living,” he said.
The focal points of the protest, such as Maraba and Murtala Mohammed Way Junction, witnessed aggrieved transporters chanting “(We say) ‘No’ to consistent price hike”.
Security operatives, including personnel of the Nigerian Police and the Nigeria Security and Civil Defence Corps (NSCDC), were deployed to key areas in the metropolis to ease the tension and ensure orderliness.
The presence of security agents helped to prevent any escalation into violence and ensured that the protest remained largely peaceful in spite of the significant disruptions to daily activities.
The protest caused widespread disruption as residents who relied on public transport as they were stranded and could not go for their daily activities.
Many of them later resolved to trekking to their various destinations.
Report says that most independent petroleum marketers in Kwara now sell at different prices ranging from N950 to N1200 per litre.(NAN)
Uncategorized
Anti-bullet Charm Trial: Native Doctor in Police Net for Allegedly killing Client
Police in Edo have detained a 19-year-old native doctor, Timothy Dauda, for allegedly shooting his client, Alex Ezekiel, to death during an “anti-bullet” charm trial.The Command’s Public Relations Officer, SP Moses Yamu, confirmed the incident to Newsmen on Monday.Yamu said that the incident happened on August 20 in Onumu Community, near Igara, Akoko Edo Local Government Area of the state.
He said that the suspect was arrested by operatives from Igarra Divisional Police Station in Akoko-Edo. The suspect allegedly claimed to specialise in preparing charms against gunshots and machete cuts.A source further told NAN that the deceased had visited the native doctor’s home to obtain the charm.It said that “in a shocking turn of events”, Dauda attempted to test the efficacy of the charm by shooting the client with a gun.The charm was said to have failed as he sustained fatal injuries.“When he was rushed to a hospital in Igarra, he was pronounced dead by a medical doctor,” the source further said.Meanwhile, the police spokesman said that the suspect would face prosecution as soon as investigations were concluded(NANUncategorized
Police Arrest 2 for Allegedly Robbing Commercial Sex Workers in Lagos
![](https://dailyasset.ng/wp-content/uploads/2021/02/Police-Arrest-1.jpg)
The Police Command in Lagos State says it has arrested two men for allegedly robbing three commercial sex workers.
The Command’s Spokesperson, SP Benjamin Hundeyin, confirmed the arrest to newsmen on Saturday.
Hundeyin said that the three sex workers reported the case to the police on Wednesday at about 2.
20a.m.He disclosed that the victims reported that they sighted two robbery suspects at an undisclosed place, who allegedly robbed them of their valuables on Aug.
23, at about 4.30a.m.“They stated they were picked up being commercial sex workers at Adeniran Ogunsanya Street, Bode Thomas, Surulere by the two suspects.
“They were taken to where they claimed the (suspects) lodged.
Suddenly, the suspects parked and ordered them to surrender their valuables.“In the process, two Iphone valued at N1.05 million, one REDMI Note 12 valued at N140,000, Iphone SR valued at N240,000 were collected from them.
“The suspects also compelled the victims to transfer ₦25,OOO to an Opay Account and N8, 000 to same account,” he said.
The police spokesperson said that during investigation, the suspects confessed to the crime.
He disclosed that the suspects operational vehicle, a Toyota Camry with Reg. No. APP335 JA, two other blank number plates they were using for their operation were recovered.
Hundeyin said that one of the victim’s cell phone, REDMI NOTE 12, was also recovered from the suspects, while investigation was ongoing. (NAN)