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Nigeria Too Rich to Be Poor – Tinubu

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President Bola Tinubu has said that Nigeria has no reason to remain poor, given its vast natural resources and human potential.

Speaking at the 2025 Nigeria Mining Week in Abuja, Tinubu described the country as richly endowed with solid minerals capable of driving economic transformation.

The President, represented by the Secretary to the Government of the Federation, Senator George Akume, said the administration is determined to unlock the mining sector’s full potential.

“Nigeria has no reason to be poor, given our abundant resources and talented people,” Tinubu said.

“Our challenge is to harness these potentials to bring prosperity to all. Let us turn our minerals into miracles of development. ‘Minerals to Miracles’ must be our rallying cry.”

He described the Nigeria Mining Week as a global platform for shaping ideas that could drive investor collaboration and national economic renewal.

The President also assured that the Federal Government would continue to ensure that mining areas remain safe for all stakeholders, including investors, workers, and host communities.

Tinubu emphasized Nigeria’s strategic role in Africa’s economic development.

He said that when Nigeria’s mining sector thrives, it signals Africa’s readiness to embrace value-added resource development.

According to him, the continent holds about 30 percent of the world’s known mineral reserves, including critical minerals that power modern industries.

“We must harness this wealth responsibly,” Tinubu said.

“It is our duty to ensure that more value remains within our economies, creating jobs and industries for our people.”

Meanwhile, the Nigeria Extractive Industries Transparency Initiative (NEITI) called for policy reforms to strengthen the mining sector’s regulatory framework. NEITI’s Deputy Director of Communications and Stakeholders Management, Chris Ochonu, urged the government to adopt a transparent and harmonized policy environment to attract long-term investments.

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Ochonu noted that while progress had been made in improving licensing procedures, challenges such as multiple taxation and policy overlaps continued to discourage credible investors.

The Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji, described the mining sector as a key component of Nigeria’s economic diversification and energy transition plan.

He cited NEITI’s 2023 Solid Minerals Industry Report, which showed that the sector’s contribution to GDP remains below one percent despite modest revenue growth from ₦339.57 billion in 2022 to ₦401.87 billion in 2023.

Dr. Orji said artisanal and small-scale mining accounted for over 80 percent of production but contributed less than 30 percent of royalties.

He stressed that this gap highlighted deep structural challenges requiring urgent reforms.

Also speaking, the Minister of Solid Minerals Development, Dele Alake, presented a status report on the government’s ongoing reforms to transform the mining sector into a major driver of national growth.

At a side event organized by the Kaduna Mining Development Company, Dr. Orji further emphasized the importance of transparency and accountability in subnational mining companies to boost investor confidence and sustainable impact.

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BREAKING: Wike-led PDP faction expels Makinde, Bode George, others

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Federal Capital Territory (FCT) Minister, Nyesom Ezenwo Wike
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The Peoples Democratic Party (PDP) is facing a severe crisis, with a faction loyal to Minister Nyesom Wike expelling several high-ranking members, including Governors Seyi Makinde, Bala Mohammed, and Dauda Lawal, as well as former Chairman of the Board of Trustees Senator Adolphus Wabara and recently elected National Chairman Kabiru Turaki.

This move follows the controversial PDP national convention in Ibadan, where Wike and his loyalists were expelled from the party.

The expelled members are accused of anti-party activities, disobedience to court orders, and conduct bringing the party into disrepute.

The factional National Executive Committee also dissolved state executive councils in Oyo, Bauchi, Zamfara, Yobe, Lagos, and Ekiti States, directing caretaker committees and fresh congresses.

This crisis has sparked concerns about the party’s future, with some analysts describing it as “heading to Golgotha”.

The PDP’s internal conflicts have led to defections, weakened its opposition stance, and raised questions about its viability in future elections.

 

 

 

 

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Wike-led faction takes over PDP national secretariat

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The Peoples Democratic Party faction loyal to FCT minister Nyesom Wike has taken over the party’s national secretariat, Wadata Plaza, Abuja.

The takeover of the party’s secretariat was reportedly ahead of a parallel meeting scheduled for the same venue by the faction that held its national convention in Ibadan over the weekend.

Samuel Anyanwu, National Secretary of the pro-Wike faction, arrived at the secretariat with some members of his group.

Shortly after, members of the Taminu Turaki-led faction also arrived but were blocked from entering.

Reports indicate that two governors from the Turaki faction forced their way into the building.

Security operatives responded by firing gunshots and releasing teargas to disperse remaining members, triggering panic and confusion as attendees scrambled for safety.

While speaking to newsmen before the arrival of the Turaki faction, Anyanwu described the security presence as routine, aimed at maintaining order during Board of Trustees (BoT) and National Executive Committee (NEC) meetings. He confirmed that his faction was prepared to hold the meetings as scheduled

 

 

 

 

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Senator Ted Cruz outlines next steps on addressing Christian genocide in Nigeria

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U.S Senator Ted Cruz
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US Senator Ted Cruz is taking further action regarding the alleged killings of Christians in Nigeria.

This follows President Donald Trump’s designation of Nigeria as a “Country of Particular Concern” due to widespread violence and mass murder of Christians.

Trump also warned that the US military might intervene to eliminate Islamic extremists responsible for the killings.

Cruz plans to impose targeted sanctions on Nigerian government officials aiding terrorism.

He stated, “The next step is putting targeted sanctions on particular government officials; government officials who are complicit in what is happening.”

Cruz highlighted that 12 Nigerian states have Sharia and blasphemy laws, which are used to persecute Christians.

Cruz’s Nigeria Religious Freedom Accountability Act aims to hold accountable Nigerian officials facilitating Islamist jihadist violence and enforcing blasphemy laws.

The bill would impose sanctions, including travel bans and asset freezes, on these officials.

Meanwhile, the Nigerian government has denied allegations of Christian persecution, attributing violence to complex security issues and criminality.

Cruz, however, claimed the government is aware of policies fueling persecution but chooses media manipulation over accountability.

 

 

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