Connect with us

News

FG, U.S committed to growth in energy transition, critical minerals – Alake

Published

on

The Minister of Solid Minerals Development, Dr Dele Alake, says the Federal Government is more committed to the growth in energy transition and critical minerals in the country.

Alake, represented by Dr AbdulRazaq Garba, the Director-General, Nigeria Geological Survey Agency, said this during the 2023 Nigeria Energy Forum (NEF) day-two programme held virtually in Lagos on Thursday.

According to the minister, Nigeria is richly endowed with various mineral types that manifest in multiple occurrences all over the country.

“The goal of the present administration is to increase the mining sector’s contribution to the national Gross Domestic Product.

“Nigeria is investor ready. Today, there are local private players and government led programmes that have advanced exploration projects that fit the investment criteria of investors and junior miners.

“There are opportunities in minerals such as lithium, zinc, gold, tin, bitumen, niobium, chromite and other such minerals.

“Some of these minerals are very crucial in the manufacturing of renewable energy elements like the solar panels and batteries, thus positioning Nigeria as a major player in manufacturing and investments in this field,” he said.

Alake said the country was ready to work with junior miners and investors within a private sector led play.

“We are open to working with industry experts to strengthen our local mining knowledge and policies to bring us up to speed with more advanced mining nations,” he added.

Jordan Lachance, the Political and Economic Officer, U.S Consulate General, Lagos, said the shift to renewable energy sources transformed the global energy map.

“These geo-political trends will impact many interconnected issues, including the demand for critical minerals, the imperative to recycle batteries, the way we power our rapidly expanding economies and the electrification of transport.

‘The U.S shows keen interest in Nigeria’s success because in many respects, Nigeria’s success precedes the Africa success, and Africa’s success precedes the world success,” she said.

In her keynote speech, Caroline Emboubou, the Chief Executive Officer, All On, said “solar energy represented a unique proposition to help Nigeria attain its vast unmet energy needs.

“Nigeria is ideally placed to capitalise on technological improvements in the renewable energy sector and fulfil its energy needs through reliable, sustainable, and profitable solutions,” she said.

Also, the Group Chairman, NEF, Dr Daniel Adeuyi, said the 2023 July forum focused on ‘Energising Industrialisation and Sustainable Growth.’

Adeuyi noted that over 250 key stakeholders participated in the virtual event to exchange knowledge, originating investment deals valued at over $40 million and promoting innovations for maximising energy transition for growth.

He added that the NEF-2023 day-two featured the screening of a video documentary that highlighted how clean energy solutions were contributing to restoring economic productivity for over 20,000 people in Sagbokoji Island, Lagos.

According to him, this will improve livelihoods of women seafood processors, fishermen and children in coastal communities.

Also, Mr Adekunle Makinde, the Co-Chairman, NEF 2023, commended participants and companies that participated in the 2023 edition.

Makinde said the best six young energy entrepreneurs across Africa would be awarded cash grant prizes of about N4 million in the finals of the Africa Energy Innovation Competition.

He added that the event was supported by Get.Invest, Johnvents, Sahara, MOJEC, NDPHC, Jinko, Oando Clean Energy Limited, Sunking and Jubaili. 

News

FAAN starts sales of E-Tags at airports

Published

on

The Federal Airport Authority of Nigeria (FAAN) said it has started the sales of e-tags at airports.

FAAN confirmed this in a statement on Friday. “Following the presidential directive that all citizens are mandated to pay for e-tags at all the 24 federal airports across the country, we wish to inform the general public that the e-tags are available for sale from Friday, 17th May 2024 at the following locations,” it said.

“Lagos: Murtala Muhammed International Airport Lagos, Terminal 1, 5th Floor) Office of HOD Commercial. Contact: 08033713796 or 08023546030.

“Abuja: Nnamdi Azikiwe International Airport, HOD Commercial Office (General Aviation Terminal) Contact: 08034633527 or 08137561615.”

Continue Reading

News

FG, Labour to reconvene next week over minimum wage negotiation

Published

on

The Tripartite Committee on Minimum Wage will reconvene on Tuesday, May 23 to further negotiate a reasonable new minimum wage for workers, after the organised labour walked out of the negotiation on May 15.

An invitation letter sent to the labour leaders by the chairman of the committee, Bukar Goni, states that the other members of the committee have agreed to shift grounds from the N48,000 proposal which was made on Wednesday.

The letter appealed to the labour leaders to speak to their members and attend the reconvened meeting next Tuesday.

The organised labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have proposed a new minimum wage of N615,000, which is way higher than the N48,000 proposal by the government.

The organised private sector, on the other hand, proposed an initial offer of N54,000. After dumping the talks, the labour leaders addressed a press conference where they expressed their anger over the Federal Government’s offer.

They blamed the government and the private sector for the breakdown in negotiation.

The Federal Government had failed to present a nationally acceptable minimum wage to Nigerians before the May 1 Labour Day.

The situation has forced labour to be at loggerheads with the government. In the wake of the tussle, the NLC President Joe Ajaero insisted on the N615,000 minimum wage, arguing that the amount was arrived at after an analysis of the economic situation worsened by the hike in the cost of living and the needs of an average Nigerian family of six.

Ajaero and labour leaders have given the Federal Government a May 31 deadline to meet their demands.

On January 30, Vice President Kashim Shettima inaugurated the 37-member  tripartite committee to come up with a new minimum wage.

With its membership cutting across federal, and state governments, the private sector, and organised labour, the panel is to recommend a new national minimum wage for the country.

During the committee’s inauguration, the Vice President urged the members to “speedily” arrive at a resolution and submit their reports early.

“This timely submission is crucial to ensure the emergence of a new minimum wage,” Shettima said.

The 37-man committee is chaired by the former Head of the Civil Service of the Federation, Goni Aji.

Continue Reading

News

Tinubu appoints governing board members for 111 tertiary institutions

Published

on

President Bola Tinubu has approved the appointments of at least 555 persons to serve as Pro-chancellors/Chairmen and members of Governing Boards of 111 federal universities, polytechnics and Colleges of Education.

This followed Tinubu’s assent to a list of nominees selected by the Ministry of Education.

It was signed by the ministry’s Permanent Secretary, Mrs. Didi Esther Walson-Jack.

“The inauguration and retreat for the Governing Councils will take place on Thursday, May 30 and Friday, May 31, 2024, at the National Universities Commission, 26 Aguiyi Ironsi Street, Maitama, Abuja. Both events will commence at 9:00am daily,” said Walson-Jack.

When contacted for confirmation, the Presidency said the list emanated from the Ministry of Education.

“This is from the Federal Ministry of Education…they make the nominations and forward them to the President to sign. But they are at liberty to release it from their end,” the President’s Special Adviser on Information and Strategy, Bayo Onanuga, told our correspondent on Saturday.

The appointments come days after the Academic Staff Union of Universities had threatened to embark on another strike, potentially disrupting the academic calendar and causing further setbacks in the country’s higher education sector.

The union, on Tuesday, decried the failure of the Federal Government to appoint Governing Councils for federal universities.

The union also faulted what it described as the nonchalant attitude of the President Bola Tinubu-led Federal Government to matters about academics in federal universities.

The body of academics, during a briefing at the University of Abuja, also faulted the 35 per cent salary increment for professors and the 25 per cent salary increment for other academics in the university system.

Continue Reading

Trending