EFCC BURSTS FOUR ILLEGAL LITHIUM PROCESSING PLANTS, ARRESTS 14 CHINESE, NIGERIAN IN OGUN.(PHOTO). #PRESS RELEASE
EFCC Bursts Four Illegal Lithium Processing Plants, Arrests 14 Chinese, Nigerian in Ogun Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, have arrested 14 Chinese and one Nigerian at four illegal lithium processing plants in the Ogere area of Ogun State. The suspects were arrested on Friday, October 23, 2026, following credible intelligence and surveillance. Upon their arrest, bags of lithium rocks, 18 mobile devices, four computer laptops, two decoders, a television remote control, and a trailer truck were recovered from the suspects. The suspects will be charged to court upon conclusion of investigations.
Today tuesday the United Arab Emirates Energy Minister counters talks of potential emergency meeting of the Organization of the Petroleum Exporting Countries {OPEC} after Emmanuel Ibe Kachukwu,the Nigerian oil minister said today tuesday that a couple of members had requested a gathering.However,UAE Energy Minister Suhail bin Mohammed al-Mazroui later told the same conference that the current OPEC strategy was working,adding that time was needed to allow this to happen perhaps between one and 1-1 and half years.''I'm not convinced OPEC alone can change or can solely unilaterally change this strategy just because we have seen a low in the market.While the first half of 2016 would be tough for the oil market,there would be a gradual recovery later in the year,aided by an expected drop in non-OPEC production''.The Nigerian minister did not specify which OPEC members wanting a meeting and said any such gathering would be in February on March.OPEC's next scheduled meeting is not until June 2. More photos below.
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