Monday, July 13, 2026

Illegal mining, money laundering denying Nigerians benefits of mineral wealth — Reps C’ttee Chairman


...To get all news updates, Join our WhatsApp Group (Click Here)

By sandra Micheals

The Chairman of the House of Representatives Ad-hoc Committee on Mineral Exploitation, Security and Anti-Money Laundering, Honourable Sanni Abdulraheem, has lamented that illegal mining and money laundering are depriving Nigerians of the dividends of the country’s vast mineral resources.

Honourable Abdulraheem stated this while speaking at a High-Level Stakeholders Workshop on Extractive Industry Governance held in Abuja.

He expressed concern that despite Nigeria’s abundant deposits of gold, lithium, tin, and other precious minerals, there remains a disconnect between the nation’s natural wealth and the prosperity of its local communities.

According to the lawmaker, the Committee was inaugurated with a specific mandate to investigate the activities of illegal miners, trace illicit financial flows, and evaluate the nation’s security and regulatory framework concerning the mining sector.

He, therefore, called for a robust synergy among key stakeholders, including the Ministry of Solid Minerals, security agencies, the Nigerian Financial Intelligence Unit (NFIU), the Economic and Financial Crimes Commission (EFCC), state governments, traditional rulers, licensed operators, and civil society organisations, to tackle the menace.

Honourable Abdulraheem assured that the Committee’s final report to the House of Representatives would prioritise concrete legislative and administrative interventions aimed at entrenching transparency, security, and ensuring that the country’s mineral wealth translates into shared national prosperity

Also Read:  Oyo Assembly Acts to Clean Up the Real Estate Sector, Targeting Land Grabbing and Other Fraudulent Activities


...To get all news updates, Join our WhatsApp Group (Click Here)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_imgspot_img
spot_img

Related News

Read More

More News