COREY FELDMAN HOSPITALIZED AFTER MID-FLIGHT MEDICAL EMERGENCY AT LOS ANGELES. (PHOTO).

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 Corey Feldman hospitalized after mid-flight medical emergency at LAX  Actor Corey Feldman was hospitalized after experiencing a medical emergency during a flight and being taken directly from Los Angeles International Airport to a hospital, according to his publicist. The 54-year-old actor reportedly became ill while traveling from Chicago to Los Angeles on Monday. A doctor on board evaluated him during the flight before he was met upon arrival and transported for further treatment. He remained in the hospital overnight for observation. Early speculation suggested the issue could be related to gallstones, but his publicist said that possibility was ruled out by medical staff. Feldman was still undergoing evaluation and awaiting MRI results as of Tuesday morning. Feldman, known for his roles in 1980s films including “The Goonies” and “Stand by Me,” has recently been traveling across the country for screenings marking the 40th anniversary of “Stand by Me.” He has appeared at ev...
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FG REVOKES 924 DORMANT MINING LICENSES.(PHOTO).#PRESS RELEASE.

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 PRESS RELEASE


 FG REVOKES 924 DORMANT MINING LICENSES



* _Give Defaulters Option of Fine within 30 days_ 


In furtherance of efforts to sanitise the mining sector, the Federal Government has revoked 924 dormant licenses spanning exploration, mining, small-scale mining, and quarrying Licenses


Making the announcement on Wednesday at a press conference, the Minister of Solid Minerals Development, Dr. Dele Alake declared that in line with constitutional provisions, adequate notice was given to all concerned parties through the official Gazette of the Federal Republic of Nigeria, No. 227, which was published on December 27, 2023.


" The notice gave all concerned parties 30 days to regularise their status, including clarifications on what caused the license to be dormant. Thus, although a total of 963 licensees were published and notified of the threat of revocation, no fewer that 39 either moved to site immediately or convinced the authorities of the challenges hindering their operations", the Minister asserted. 


In view of the foregoing, Dr. Alake affirmed the revocation of 928 dormant licenses, which include 528 exploration licenses; 20 mining leases; 101 quarry licenses, and 273 Small Scale Mining Licenses (SSML).


Speaking further, the Minister stated that the action followed due process and fair consideration whilst it underscores the commitment of the Federal Government to implement the standard policy of "Use it or Lose it" as enshrined in mining guidelines.


According to Dr. Alake, "Investors across the globe are now free to apply for any of the affected Cadastral Units on the basis of "first come, first served. " It is our belief that this decision will sanitise the licensing system by penalising those who have commercialised the opportunities offered by the sector into a bazaar. " 


Noting that the revocation is not meant to be punitive, the Minister announced an opportunity for affected licensees to make restitution, imposing fines for different categories of revoked licenses, stressing that this also applies to the 1,633 titles revoked last year for default in payment of annual service fees. 


" For revoked Mining Licenses, a fine of N10m applies; N7.5m for Small Scale Mining License (SSML) while N5m for Exploration License (EL). They will be required to make the payments within 30 days to qualify for consideration, "Alake emphasised.


The Minister warned that henceforth, the Federal Government will not tolerate the nefarious activities of license racketeering or those that obtain licenses for speculation in order to offer them to the highest bidder. 


" A good lesson from this exercise is for investors to do their homework and be ready to flag off their projects as soon as they obtain licenses. Nigeria is open for business, and we shall encourage smart, serious, and adventurous investors to set up and provide jobs to our teeming youths, "Alake added.


 *Segun Tomori* 


Special Assistant on Media

Honourable Minister of Solid Minerals Development.


24th April, 2024.

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