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Buhari Travels To Chad On Saturday For Security Talks, Others

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President Muhammadu Buhari will depart Abuja on Saturday for N’Djamena, the capital of Chad Republic.

The Senior Special Assistant to the President on Media and Publicity, Mr Garba Shehu, disclosed this in a statement on Friday.

He explained that the purpose of the President’s trip was to participate in the Extraordinary Session of the Conference of Heads of State and Government of the Community of Sahel-Saharan States, CEN-SAD.

President Buhari and other regional leaders are expected to join their host and current Chairperson of CEN-SAD Conference, President Idriss Deby Into, to deliberate on security and politics among other issues.

Other issues to be discussed include peace and ways to address multifaceted threats in CEN-SAD area, especially Boko Haram and refugees, and make a declaration on the entry into force of CEN-SAD revised Treaty intended to fast track the realisation of the objectives of the body.

During the opening Session of the Conference, special awards would be given to Heads of State and Military contingents in Mali, Sudan, Somalia, Central African Republic and in the Lake Chad Basin.

President Buhari would be accompanied to the meeting by Governors Kashim Shettima, Akinwunmi Ambode and Adegboyega Oyetola of Borno, Lagos and Osun States respectively.

Others are Minister of Foreign Affairs, Geoffrey Onyeama; Minister of Interior, Lieutenant General Abdulrahman Danbazau (rtd); Minister of Defence, Brigadier General Mansur Dan Ali (rtd); and the National Security Adviser, Major General Mohammed Monguno (rtd).

Also expected to accompany the President are Director-General of the National Intelligence Agency (NIA), Ambassador Ahmed Abubakar; Comptroller-General of Immigration, Mohammed Babandede; and the Federal Commissioner for Refugees, Migrants and Internally Displaced Persons, Sadiya Farouq.

Created by the Treaty of Tripoli on February 4, 1998, with six founding members, Nigeria joined the current 29-member regional economic community in 2001.

CEN-SAD seeks mainly to create a free trade area in Africa, as well as “strengthen peace, security and stability, and achieve global economic and social development of its members.”

Delegations from 22 member-nations are expected at the extraordinary meeting of CEN-SAD holding on Saturday at the Radisson Blu Hotel, N’Djamena.

President Buhari will return to the country at the end of the Conference on Saturday.

 

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FG woos foreign mining investors with lower production cost

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Joel Ajayi

Cutting red tapes which slow business transactions and improving the security of mining operations are among fresh commitments unfolded by Nigeria’s Minister of Solid Minerals Development, Dr. Oladele Alake at the Mines & Money Conference which opened in London, United Kingdom on Tuesday.

Addressing global stakeholders in the mining industry, Alake, in the 15-minute speech pitched for more investment in Nigeria listing unique advantages such as lower production cost due to surface mining and billions of dollar untapped minerals.
He quoted recent reports by audit firm KPMG which reported that mining’s contribution to Nigeria’s GDP rose from 0.3 percent to 0.85 percent last year, indicating 0.63 percent year on year growth.

His words: “The country’s geological bounty encompasses over 44 distinct mineral types, found in exploitable quantities across more than 500 locations. Recently, recognizing the evolving global landscape and in response to emerging trends, Lithium has been included as a crucial strategic mineral of global consequence.”

Dr. Alake said the administration of President Bola Tinubu has embarked on reforms to boost investment by streamlining procedures and reducing hurdles to attract foreign investors.

Showcasing recent progress in creating conditions for solid minerals development, Dr. Alake highlighted fresh data revealed by the Airborne Geophysical Survey, memorandum of understanding with German firm Geoscan to gather more data on solid minerals across the country and access to finance through a new funding facility launched by the Africa Finance Corporation and the Solid Minerals Development Fund.

The minister reminded the global mining community of the Federal Government ‘s policies on how mining operations must benefit the communities and lead to processing instead of wholesale export of raw minerals.

“ Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he said
Dr. Alake urged investors to support socio-economic development of the communities where they mine to make mining mutually beneficial.

Citing the recent launch of the revised guidelines for Community Development Agreement which provides for social amenities, educational support, health and safety environmental facilities.

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