News
Kalu Says Insecurity, Inadequate Infrastructure Stalling Nigeria’s Mining Sector Growth
By Gloria Ikibah
The Deputy Speaker of the House of Representatives, Rep. Benjamin Kalu has said that insecurity, inadequate infrastructure, and lack of skilled labour have continued to act as bottlenecks hampering the growth of Nigeria’s mining sector.
Kalu stated this at a Public Policy Dialogue on Nigeria’s Minerals and Mining Legislation, organized by House Committee on Solid Minerals, on Monday in Abuja.
According to him, the nation’s vast mineral resources have remained largely untapped, and undeservedly overshadowed by our too much reliance on oil.
Kalu added that despite boasting over 40 commercially viable minerals, the mining sector contributes a mere 0.3 percent to the country’s GDP, which he said is unacceptable and urged all hands to be on deck to turn the tide.
The Deputy Speaker who made reference to a Bill he co-sponsored with the Chairman, House of Representatives Committee on Solid Mineral, Hon. Jonathan Gbefwi titled Nigerian Minerals and Mining Act (Amendment) Bill as well as eight other mining bills, said the bills when passed into law will represent a turning point for the nation’s mineral wealth.
He further noted that governments hold many of the levers to deal with the great challenges, adding however, that businesses have the innovation, technology, and talents to deliver the needed solutions.
Kalu also opined that the governing philosophy in the mining sector in Nigeria should henceforth be approached with a private-sector-led lens, stressing that it is through this crucial partnership that the true potential of Nigeria’s mining sector can be unlocked.
He said: “This public policy dialogue is engineered to create the appropriate right of way for the necessary adjustments and policymaking creativity that is required to optimize the promising prospects of Nigeria’s mining sector. Today, I stand before you not only as Deputy Speaker of the House of Representatives but also as a co-sponsor of the HB.751: Nigerian Minerals and Mining Act (Amendment) Bill so ably sponsored by Hon. Jonathan Gbefwi. This legislation if passed will represent a turning point for our nation’s mineral wealth.
“There are indications of a renewed vigor in our mining industry, fueled by a collective will to diversify our economy, create jobs, and unlock the immense potential that lies beneath our soil. The 2016-2025 mining industry development roadmap, aiming to increase the sector’s GDP contribution to 3% by 2025, is already showing progress. Projects like the Segilola Gold Project in Osun state governed by a private-sector-led lens are injecting millions of dollars into our economy and attracting much-needed investment.
“They are not just amendments; they are a comprehensive reform package designed to address these challenges and propel our mining sector into the future. Here’s what these bills aim to achieve: Enhanced security: By fostering collaboration between mining companies, communities, and security agencies, we can create a safer environment for investment and development. Infrastructure development: We are committed to investing in critical infrastructure like roads, railways, and power, making mine operations more efficient and cost-effective. Skilled workforce development: We are building partnerships with educational institutions and industry leaders to equip Nigerians with the skills they need to thrive in this sector. Streamlined regulation: The new legislation will simplify bureaucratic processes, reduce red tape, and create a more transparent and predictable regulatory environment.
I urge all stakeholders– government, businesses, communities, and civil society– to join hands and work together to make this vision a reality. Let us leverage the power of partnerships, innovation, and technology to unlock the true potential of our mineral wealth. The time for action is now”.
“To demonstrate this concisely, in the 3rd quarter of 2023, the Segilola Gold mine in Osun state, Nigeria’s first industrial-scale gold mine posted $118 million in revenue for its owners, Thor Explorations Limited after reporting $71.7 million in earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2022 according to its publicly available financial statements for 2022 and 2023. Initiatives like the simplification of licensing and competitive royalty regimes attract global players like Thor Explorations, showcasing the potential for an industrial-scale mining sector. However, challenges remain. Insecurity, inadequate infrastructure, and a lack of skilled labor continue to act as bottlenecks. This is where the HB.751 and eight other mining-related bills currently under consideration come in.
By Kayode Sanni-Arewa
The Chairman, Senate Committee on Public Procurement, Senator Jide Ipansagba has said Nigerians will soon experience new era of procurement system akin to international practice
The Senator who took over from Senator Monday Okpebolo, now the current governor of Edo State had a well planned mission for the committe.
He said his committee was putting in place measures to ensure that all MDAs were aligned to the new administration’s paradigm shift, where ordinary Nigerians can bid and win contracts unlike what was obtainable, and also move BPP from analog to digital.
The Senator who represents Ondo North senatorial district spoke to journalists in his Abuja office assured Nigerians of righting all wrongs. That his goal is to provide equal opportunities for Nigerians to participate in competitive bidding, which can lead to cost savings.
The committee also discourages single-source procurement, which often does not provide good value for money.
He said, “Many wrongs will be corrected. We want to make sure that only qualified persons get the contract job they tendered for.”
The lawmaker explained that the idea of MDAs calling for bids and lining people up for a rigorous Pre-qualification exercise only for the contract to go to persons or companies who did not participate in the process was no longer acceptable.
Ipansagba said, “Due process must be followed. We want the country to experience a new era of procurement system that is acceptable to international practice.”
“I can assure you that this Senate is sincere about the new deal we are bringing forward in accordance with the Renewed Hope Agenda of Mr President and the uncommon Senate President.”
“We are also transitioning from
traditional analog procurement methods to digital means, working closely with the Bureau of Public Procurement (BPP).
“The goal is to bring Nigeria’s procurement system on par with global standards, ensuring transparency and efficiency.
The committee which acts as an advisory body to the BPP, will promote a more inclusive
procurement process where everyone has an equal opportunity to bid.
“The committee, under my chairmanship will discourage portfolio contractors who lack the necessary resources and expertise to handle government contracts”
Speaking about his preparedness to interface with MDAs by contractors, he said “the committee will evaluate both the commercial and technical tenders submitted by contractors to MDAs before awarding any government contracts.
“We will ensure that contractors have the capacity, resources, and manpower to fulfill the obligations.
“The committee follows the Public
Procurement Act of 2007 as its guiding principle in carrying out its duties. Our aim is to make Nigerians and the constituted authority happy with our
performance, working in alignment with the new administration’s agenda. Nigerians should be rest assured that this committee will deliver.
The committee chairman further explained that his committee was privileged to have highly experienced Nigerians who have made their mark in governance and in business as members.
He said, “I can assure you that my committee will investigate activities in the procurement system since 2019 and ensure we right the wrongs to regain the confidence of the public in the procurement system.”
“We want a system where you don’t need to know anybody before you can bid or win contracts.
…as he inaugurates house committee for oversight
The Speaker of House of Representatives, Rep. Tajudeen Abbas, has urged the newly formed North West Development Commission (NWDC) to carry out a thorough assessment of the region’s needs as it begins operations.
Speaker Abbas who stated this during the inauguration of the House Committee on the North West Development Commission on Wednesday in Abuja, emphasised the importance of exploring diverse funding options to effectively achieve the commission’s objectives.
He highlighted his personal connection to the initiative, and noted that, as a representative from the North-West and a key advocate for the bill that led to the creation of the commission, the moment was particularly meaningful to him.
Speaker Abbas emphasised the crucial role of the North-West geopolitical zone in Nigeria’s economy and society, ans described it as a historic hub of agricultural excellence, renowned for producing staple crops like millet, sorghum, and groundnuts in vast quantities.
With a population exceeding 47 million, he highlighted the region’s immense cultural and economic potential. However, he expressed concern that this potential remains hindered by significant challenges.
Earlier in his opening remarks, Chairman NWDC, Rep. Gumi assured of a transparent and results-oriented approach to tackling the region’s socio-economic and security challenges.
He underscored the urgency of addressing rising insecurity, economic stagnation, and infrastructural deficiencies, calling for immediate intervention.
“This is more than just a committee inauguration; it is a moment of renewed hope and determination. Our people have endured hardship for too long, yet they remain resilient. Today marks the start of decisive action to transform the North-West,” he stated.
Gumi outlined the committee’s broad mandate, which includes overseeing NWDC activities, fostering partnerships with development agencies, and collaborating with the private sector to facilitate rehabilitation, resettlement, and regional development across the seven states—Jigawa, Kaduna, Kano, Katsina, Kebbi, Sokoto, and Zamfara.
He also stressed that security was central to the Commission’s objectives, and noted that sustainable development cannot be realized in a region grappling with banditry, kidnappings, and economic distress.
To achieve this, he committed to rigorous oversight visits to NWDC projects across the seven states, ensuring that budget allocations align with regional development priorities. He also stressed the need to build partnerships with international development agencies and private sector players while implementing a quarterly review system to track progress, address challenges, and refine strategies.
Gumi highlighted the importance of learning from other regional development commissions to avoid inefficiencies and policy pitfalls.
Unveiling a proposed work plan, he described it as a blueprint for immediate action, with a focus on youth empowerment, infrastructure development, security enhancement, and leveraging the region’s agricultural and commercial potential for sustainable economic growth.
“Our approach prioritizes transparency, inclusivity, and measurable results.
“Policies must go beyond paperwork to deliver real, tangible improvements in people’s lives.
“With unity, dedication, and shared purpose, we will address the challenges, seize the opportunities, and create lasting change for the generations to come. Together, we will lay the foundation for a prosperous, inclusive, and thriving North-West,” he said.
He therefore called for collaboration among all stakeholders—federal and state governments, traditional institutions, civil society, and the private sector to ensure the NWDC achieves its mandate.
By Kayode Sanni-Arewa
The nation’s electricity grid again collapsed before noon on Wednesday.
This was revealed in the X handle created for reports on the grid @NationalGridNg
“There was a ‘GRID DISTURBANCE’ before noon today. Parts of the country experienced outage. Further information shortly,” the post read.
Ikeja Electricity Distribution Company reported on X that the system outage happened at 11:34 am.
“Please be informed that we experienced a system outage today 12th February, 2025 at 11:34hrs affecting all our feeders.
“Restoration of supply is ongoing in collaboration with our critical stakeholders,” the company wrote.
Abuja Electricity Distribution Company also confirmed the development on X.
“Dear Valued Customer, we regret to inform you that a system disturbance occurred on the national grid at 11:34 am today causing a power outage across our franchise areas.
“While gradual restoration of power supply has commenced, please be assured that we are working closely with relevant stakeholders to fully restore electricity as soon as the grid is stabilised. Thank you for your understanding and patience as we work to serve you better,” the post reads.
“Restoration of supply is ongoing in collaboration with our critical stakeholders,” the company wrote.
Abuja Electricity Distribution Company also confirmed the development on X.
“Dear Valued Customer, we regret to inform you that a system disturbance occurred on the national grid at 11:34 am today causing a power outage across our franchise areas.
“While gradual restoration of power supply has commenced, please be assured that we are working closely with relevant stakeholders to fully restore electricity as soon as the grid is stabilised. Thank you for your understanding and patience as we work to serve you better,” the post reads.
This is the first collapse of the grid in 2025 after it experienced line tripping in January.
The blackout has forced many to express their frustration on social media.
Fattybright wrote with the handle @OyedemiBabs: “Two different reasons abeg who to believe now? If not for solar pms expenses for don set in straight. @NationalGridNg please be specific shortly won’t fix what I need original light for oooo anyways thank you for the information.”
Gambino wrote with the handle @holuwhartoby: “Which one be grid disturbance again? E don collapse abi e neva collapse.”
Another X user, Ayo Omo Ogun (@MDamsman), noted: “It has been quite a challenging day in Obada, especially with the frustrations caused by @IBEDC_NG. Now, it seems that the introduction of the light grid is adding to our troubles, It’s a lot to handle.”
“I move procurement committee from analog to digital -Senator Ipansagba
Speaker Abbas Urges NWDC to Assess Needs Of North-West
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