PRESIDENT TINUBU RECONSTITUTES THE BOARD OF THE NIGERIAN ELECTRICITY REGULATORY COMMISSION. (PHOTO). #PRESS RELEASE

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 STATEHOUSE PRESS RELEASE   President Tinubu Reconstitutes the Board of the Nigerian Electricity Regulatory Commission   President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate's confirmation of its members on December 16.   Members of the reconstituted Board are:   • Mulisiu Olalekan Oseni, PhD. — Chairman   Dr Oseni started his service as a Commissioner in January 2017. He was subsequently appointed Vice Chairman of the Commission.   His appointment as Chairman took effect from 1 December 2025 and shall subsist until the completion of his ten-year tenure at the Commission, in accordance with the provisions of the Electricity Act, 2023.   • Yusuf Ali, PhD. — Vice Chairman   Dr Ali was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect on 1 December 2025 and shall remain in effect until the completion o...

ANAMBRA: MINISTER SEEKS SUPPORT FOR DEVELOPMENT OF SOLID MINERALS SECTOR.{PHOTO}.

By Ekwi Ajide (ABS Abuja Bureau Chief)


The Minister of State for Mines and Steel Development, Dr.Uche Ogah, has lamented the absence of support from Central Bank of Nigeria, CBN, for the development of mines and solid mineral sector.


The minister, was speaking at a two - day public hearing, organised by the Senate Committee on Solid Minerals, Mines,Steel Development and Metallurgy.


The  public hearing was designed to get input of stakeholders on the establishment of four bills and an investigative motion for the solid minerals sector.


The bills, Nigerian Minerals Development Corporation Establishment Bill 2021,

Solid Minerals Producing Areas Development Commission Establishment Bill 2021, Institute of Bitumen Management Establishment Bill 2021, Explosive Act 1964 Repeal and Re-enactment Bill 2021 are response to the urgent need to investigate  loss of nine billion dollars annually due to illegal mining and smuggling of gold.


Ogah, while making his presentation said that the ministry would have done wonder for the country if the Central Bank of Nigeria had believed in them or supported them the way it had been supporting agriculture.


He maintained,  that the ministry of Mines and Steel Development is one ministry that has remained untaped, unknown, but can change the land 


Minister Ogah, who called for support in all areas of development for the sector, said there is need to support  research for growth of the sector and therefore, asked the ministry of finance to speed up the export policy on solid minerals, because according to him, that is the only way to have operators into the sector.


Ogah urged citizens to become involved in checking the activities of intruders in the mining sector as the Federal Government had gone ahead to establish processing plants  for the solid minerals sector which is currently under construction in all the six geopolitical zones.


He implored the senate to wade into issues between the  mineral act  and the land use act, as it has become an issue between the ministry and the states so as to harmonise all the issues and have clear direction for the growth of the sector.


Earlier, Chairman of the Committee, Senator Tanko Almakura, said the bills were designed to accelerate diversification of the economy from a mono economy of oil to solid minerals.


He said the bills, when passed would make the sector more attractive  for investors, given the abundance of solid mineral resources in all parts of the country.


Senator Almakura, said the abundance of solid minerals resources were largely  untaped, noting that the establishment of the NMDC would help address issues of revenue required for infrastructure development, creation of employment and ultimately, reduction of poverty.

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