NEMA COORDINATES SAR OPS AT THE SCENE OF BUILDING COLLAPSE INVOLVING A THREE STOREY BUILDING UNDER CONSTRUCTION AT GUDU AREA OF FCT. (PHOTOS). #PRESS RELEASE.

Image
 NEMA COORDINATES SAR OPS AT THE SCENE OF BUILDING COLLAPSE INVOLVING A THREE STOREY BUILDING UNDER CONSTRUCTION AT GUDU AREA OF FCT At about 0945hrs on Saturday 16th May, 2026, the National Emergency Management Agency (NEMA) was alerted of a building collapse at Gudu District of FCT.  Critical stakeholders including Federal Fire, FCT Fire, NSCDC, NPF, FRSC and Federal Capital Territory Emergency Management Agency (FEMA) were activated while a response team of NEMA from the Abuja Operations Office led by the Head of Operations Mr Zakari Abubakar  and operatives from AYA Emergency Response Bay (ERAB) were deployed to the scene for quick response and coordination.  A reinforcement team  from NEMA Headquarters led by the Director Search and Response (DSAR) Air Cdre Bature Usman was also on ground to provide necessary backup and supervision. At the time of this report, the operation is still ongoing. However, sixteen (16) casualties have so far been evacuated to Aso...

GHANA REWRITES MINING LAWS TO SECURE LARGER SHARE OF GOLD REVENUES. (PHOTO).


 Ghana rewrites mining laws to secure larger share of gold revenues


Ghana is preparing to overhaul its mining laws to secure a bigger share of revenues from soaring gold prices, with authorities saying the current framework no longer reflects market realities or national interests.


“What we have since 2014 is a policy that has not been reviewed,” Isaac Andrews Tandoh, acting chief executive officer of the Minerals Commission, told AFP. “We had to do something to bridge this gap.”


The planned reforms would revise a mining code that regulators say offers foreign mining companies favourable tax and royalty terms, leaving the state with a limited stake in a sector that remains central to Ghana’s economy.


The west African nation says it is seeking tighter control over its natural resources as global demand for gold and other critical minerals continues to rise, following similar moves by countries including the Democratic Republic of Congo, Mali and Tanzania.


Climbing gold prices


Gold prices have surged sharply, jumping more than 65 percent in 2025 and climbing to record highs of $5,500.


Ghana, the world’s sixth-largest gold producer, relies heavily on foreign firms for production, including US-based Newmont, South Africa’s Gold Fields and AngloGold Ashanti, and Australia’s Perseus Mining.


Under proposed reforms expected to be presented to parliament by March, mining royalties would increase from the current three to five percent range to between nine and 12 percent, depending on global gold prices, Tandoh said.


Ghana’s mining agreements typically lock in fiscal terms for between five and 15 years in exchange for large-scale investments that can exceed $500 million to develop or expand mines.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).