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NYSC DG Assures More Innovations, Visits Youth Minister

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The Minister for Youth and Sports Development, Mr Sunday Dare has called on the Director General of NYSC to ensure the enthronement of cultural values, discipline and training among the Corps Members.


He described the Scheme as the largest concentration of Nigerian graduates, hence, the need for concerted efforts by NYSC Management to ensure the psychological, social and mental well-being of all participants as they prepare for greater challenges in life. 


He stated this when the NYSC Director General, Brigadier General Yusha’u Dogara Ahmed paid him a familiarisation visit in his office in Abuja.


Dare said President Buhari, having recognized the tremendous roles of the youths in the socio-economic development of the country, and in a bid to ensure the realization of the goals of the founding fathers of the Scheme, increased Corps Members’ monthly allowance from N19,800 to N33,000.


Dare expressed optimism that the proposed NYSC Trust Fund would soon be assented to by the President. 


The Minister said this is in furtherance of the plans to equip the youths for self reliance and entrepreneurship, He commended the Senate and House Committee Members on Youth and Sports as well as the former Head of State, General Yakubu Gowon for their commitment to the realization of the fund  for the sustainability of the Scheme.


In his response, the Director General of National Youth Service Corps, Brigadier General Yusha’u Dogara Ahmed promised that there would be tremendous innovations in the Scheme during his tenure of office.


He said he would bring his wealth of experience into use, which would propel him on the development plan for Corps Members as well as improving the sustainability and more visibility of the Scheme.


He also appealed for other stakeholders’ support for the Scheme.


Earlier in his remarks, the Permanent Secretary, Federal Ministry of Youth and Sports Development, Alhaji Ismaila Abubakar congratulated the Director General on his appointment and assured that the Ministry will continue to provide an enabling environment for the sustainability of the Scheme, in line with dreams of its founding fathers.

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Alake Inaugurates Nigeria-US Solid Minerals Committee, Dismisses $700bn Claim, Says No Assets Sold

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Joel Ajayi

The Minister of Solid Minerals Development, Dr. Dele Alake, on Tuesday inaugurated the Nigeria-United States Committee on Strategic Cooperation in the Solid Minerals Sector in Abuja, dismissing reports that Nigeria sold $700 billion worth of solid minerals to the US.

The inauguration followed the strategic cooperation framework established between Nigeria and the United States during the 81st United Nations General Assembly in New York.

In a statement issued on Wednesday by the Head PRESS and Public Relations Department Mrs. Kania Maliki Andeyaba stated that, Alake in the Memorandum of Understanding, MoU, signed with the US is a government-to-government platform to facilitate business-to-business engagements between American investors and Nigerian local operators, not a sale of assets.

Harping on the importance of the solid minerals sector to President Bola Ahmed Tinubu’s economic diversification agenda, he noted that the administration was committed to reducing dependence on a mono-product economy through the sustainable development of Nigeria’s vast mineral resources.

According to him, the Nigeria–US partnership as a strategic initiative to attract investment, promote technology transfer, strengthen local mineral processing and create employment opportunities.

“There is no sale of any Nigerian asset. There’s nothing exchanging hands,” Alake declared.

“We created a platform to facilitate mingling of US investment ventures with Nigeria’s local operators. It is in the public domain. We signed it in public and published it in four or five national newspapers.”

The Minister said reports claiming the US was coming to take over Nigeria’s minerals and security architecture were untrue at best and products  of riotous imagination  at worst.

Explaining the policy thrust, Alake said Africa has historically held the short end of the stick in global economic transactions, and Nigeria is determined to change that model.

“We have the resources, the critical elements the world needs to transit to clean energy. So we are creating a new paradigm — you bring your capital, expertise and technology, to match with our natural resources and create a win-win situation . The investor gains, Nigeria gains.’’he said.

Nigeria, he stressed, had operated a mono-cultural economy dependent on oil, while solid minerals were exploited informally — with ores taken “from pit to port” without value addition.

Alake said government has now made local processing mandatory, refusing to grant mineral titles to investors without a clear pathway to processing in Nigeria.

He said the policy led to the springing up of processing factories, including the largest lithium processing plant in West Africa commissioned recently in Nasarawa by the Vice President, and informed the formation of the African Minerals Strategy Group.

Alake noted that investor confidence has returned due to macro-economic reforms by President Bola Tinubu that guarantee security of tenure and repatriation of profits.

He charged the committee to discharge its assignment responsibly, saying its work is strategic to achieving the President’s $1 trillion economy target.

To this end, he told the Committee to ensure effective coordination, identify investment opportunities and translate the framework into measurable outcomes capable of positioning Nigeria as a competitive player in the global solid minerals industry.

In his welcome address, Permanent Secretary of the Ministry, Engr. Faruk Yusuf Yabo, said the inauguration translates growing bilateral engagements into a structured framework for practical cooperation and investment mobilization

Economic Officer at the US Embassy, Jonathan Baas, said President Donald Trump has prioritized three areas for US embassies — energy, artificial intelligence/super intelligence, and critical minerals.

Baas said Washington’s direction is to work with partners to secure critical supply chains while ensuring partners capture value.

“We just signed a contract today on looking into building AI data centres in Nigeria at the Nigerian Economic Summit. That’s the direction Washington wants us to go,” he said.

In his vote of thanks, CEO/Managing Director of Nigeria Solid Minerals Company, NSMC said that the committee

is expected to coordinate implementation, facilitate investment and monitor progress towards achieving the objectives of the Nigeria–US cooperation framework.

The inauguration reinforces the Federal Government’s commitment to repositioning the solid minerals sector as a key driver of economic diversification, industrial development and national prosperity under President Tinubu’s Renewed Hope Agenda.

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