EFCC BURSTS FOUR ILLEGAL LITHIUM PROCESSING PLANTS, ARRESTS 14 CHINESE, NIGERIAN IN OGUN.(PHOTO). #PRESS RELEASE

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 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.
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MTN NIGERIA,DEBUNK RUMOURS OF THE COMPANY'S FINAL SETTLEMENT WITH THE FINE TODAY.

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                               Mr Ferdi Moolman,Chief Executive Officer of MTN Nigeria said today saturday in a statement  about the rumours of  the company's final settlement of the N780 billion fine was false.He said-  ''The management of MTN Nigeria is aware of the reports on the settlement negotiations.The confidential negotiations are still very much ongoing with the authorities to achieve an amicable resolution of the matter.Accordingly,no further comment can be made at this time''.The company has been negotiating with the Government over a possible reduction of the fine and made a part payment of $251 million {N50 billion},also setting aside $600 million for further payment of the fine.One more photo below.                                                                                                                                       

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