HARD TIMES AWAIT ILLEGAL MINERS AS OLUKOYEDE BAGS MINILS’ FELLOWSHIP AWARD. (PHOTO). #PRESS RELEASE

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 Hard Times Await  Illegal Miners as Olukoyede Bags MINILS’  Fellowship Award The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has vowed to intensify his crackdown on illegal mining by going after the financiers, mineral buyers, compromised public officials and other collaborators who profit from the illicit exploitation of Nigeria’s mineral resources. Olukoyede made this disclosure in Ilorin,  Kwara State on Tuesday, November 3, 2026, while delivering a Keynote address at a joint conference on Illegal Mining, Corruption and Climate Implications organised by the Michael Imoudu National Institute for Labour Studies MINILS, Ilorin, in partnership with the Human and Environmental Development Agenda, HEDA.  Beyond the address, the EFCC’s boss was honoured with the Fellowship of the Institute Speaking on the theme, “Uprooting the Roots of Resource Theft: A Zero-Tolerance Approach to Mining Corruption and Increasing Inse...

TRUMP THREATENS 50% TARIFF ON CHINA OVER REPORTED IRANIAN AIR DEFENSE SHIPMENT, ESCALATING TENSIONS AMID MIDDLE EAST CONFLICT AND CEASEFIRE COLLAPSE. (PHOTO).



Trump threatens 50% tariff on China over reported Iranian air defense shipment, escalating tensions amid Middle East conflict and ceasefire collapse

U.S. President Donald Trump threatened Sunday to impose a 50% tariff on China after reports emerged that Beijing may be preparing to supply Iran with advanced air defense systems. Speaking in a televised interview, Trump warned that any transfer of shoulder-fired anti-aircraft missiles to Iran would trigger steep economic penalties, saying the tariff would be “a staggering amount.” He also cast doubt on the reporting, dismissing it as unreliable and saying such claims “don’t mean much” to him.

The comments came amid heightened tensions over Iran’s military conflict and growing scrutiny of China’s potential role. U.S. intelligence assessments reportedly suggest China could be preparing a shipment of man-portable air defense systems to Tehran, though the claim has not been confirmed. Chinese officials have not acknowledged any arms transfers, and Beijing has previously said it is working to encourage diplomacy and an end to hostilities without confirming any formal mediation role.

China has remained one of Iran’s key economic partners, particularly through continued oil purchases despite heavy sanctions. Analysts estimate that China buys the vast majority of Iran’s exported crude, making it highly exposed to any disruption in shipping through the Strait of Hormuz. Even so, officials note that Beijing has largely avoided openly providing military support since the start of the conflict, and experts say any such move would significantly escalate geopolitical tensions.

The tariff threat comes alongside broader uncertainty over U.S. policy toward both China and Iran, with Trump repeatedly issuing and then pausing or revising major threats during the conflict. Analysts say this pattern has fueled questions over whether economic penalties will ultimately be enforced or used as negotiating leverage. The situation is further complicated by upcoming diplomatic engagements, including a planned meeting between Trump and Chinese President Xi Jinping later this year.


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