Basketball
Fidelity Bank Boosts Basketball Teams with N15 Million
Nigeria’s National Basketball Teams D’ Tigers and D’ Tigress quest for Olympics medal has been given further boost by another corporate organization Fidelity Bank.
The bank has extended support to the male and female National Basketball teams by doling out USD30,000 (about N15 million).
Following a pitch by the Minister of Youth and sports Development Mr. Sunday Dare, Access Bank, Zenith Bank and Guarantee Trust Bank had collectively given USD200,000 to the team last week.
The Banks gesture followed appeal by the Minister for corporates Bodies to adopt athletes and teams, even as the male team, D’Tigers climbed to world’s number four position following their impressive win over top ranked United States.
The USD30,000 is to be jointly shared by D’Tigers and the female team, D’Tigress.
The Minister said the gesture will spur the teams to perform well in Tokyo.
The Minister had also intervened to secure the release of the team’s kits at the Port.
Basketball
RMAFC Reaffirms Commitment To Boost Revenue Generation From Mining Sector
Joel Ajayi
In line with its commitment to bridging the gap in the remittance of revenue generated from the mining sector into the Federation Account, the Revenue Mobilization Allocation and Fiscal Commission organised a sensitization workshop on the new template for data rendition in Enugu for the South East Zone on Thursday 16th October, 2025.
Speaking at the occasion, Chairman of the Commission Dr. Mohammed Bello Shehu reaffirmed the commitment of RMAFC to bridging the gap in the data remittance of revenue generated from the sector into the Federation Account.
“It has been established that despite the extent of activities going on in the Country’s mining sector, it contributes only a negligible amount to the Federation Account, largely due to the lack of proper and effective monitoring of mining activities. Hence, it is the intention of the RMAFC to work assiduously in order to ensure that all revenues due to the Federation Account from the mining sector are promptly remitted into the Federation’s distribution pool account as at when due.” He said.
The Chairman who was represented by the Federal Commissioner representing the Federal Capital Territory in the Commission, Ambassador Ayuba Jacob Ngbako stated that the new data rendition templates were designed to capture and manage relevant data with regards to specific measurement of quantity of minerals produced, producing companies and their locations, particular licenses, fees and permits paid by mining companies. According to him, if the data is properly managed and utilized, it will go a long way in ensuring that mining operations and revenues therefrom are effectively tracked and accounted for.
Dr. Shehu emphasized the imperativeness of the new data rendition template given the current economic difficulties the country is going through. He added that the perpetual over dependence on hydrocarbon sources of revenue, which is often plagued by the vagaries of the international oil market in addition to other reasons such as the problems of pipeline vandalism and oil theft underscores the determination of the President Bola Tinubu led administration to harness revenue potentials from other sectors of the country’s economy such as the solid minerals, agriculture, manufacturing and the blue economy.
In his goodwill message, the Executive Governor of Enugu State His Excellency Governor Peter Mbah, who was represented at the occasion by the Honourable Commissioner of Energy and Mineral resources of the state, Honourable Franklin Ogbonna described the new template as a significant step towards building a reliable framework for revenue monitoring and proper resource allocation framework. He added that accurate data is the foundation of sound policy formulation and effective revenue management. ” It enables both the Federal and State Governments to assess real production figures, close leakages, and ensure that due revenues are remitted for the benefit of all Nigerians.” He said.
The governor further said that the initiative aligns perfectly with the drive to reposition the solid minerals sector as a key contributor to the internally generated revenue and economic diversification agenda of the state.
In his welcome address, the Federal Commissioner representing Enugu State in the Commission, Honourable Ozo Obodougo Obumneme stated that the exercise was primarily aimed at ensuring the existence of a platform for independent data source for the Commission which will be free of summation errors and could be used for comparison as advanced information for attribution purposes.
The Commissioner for Solid Minerals in Ebonyi State, Honourable Onyia Emmanuel, Honourable Commissioner of Petroleum and Mineral Resources in Abia State, Prof Joel Ogbonna, Honourable Commissioner for Local Government in Anambra State, Honourable Tony Nwabuno and the Permanent Secratary Ministry of Industry, Mines and Minerals in Imo State, Mrs Obialor Angela all praised the initiative in their goodwill messages.
The sensitisation exercise scheduled to be held in the six geopolitical zones of the country, which commenced on the 7th of October 2025 in Abuja, was followed by the one organised in Asaba Delta State for the South – South region on the 13th of October, 2025.
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