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Libel: Minister to sue Bash Ali for N5 Billion
The legal team of the Minister of Youth and Sports Development, Mr. Sunday Dare, has perfected a N5 billion libel suit against former boxer, Bash Ali, after he maliciously accused the minister of wrongdoing.
The Minister, through his lawyers, Festus Keyamo Chambers, will seek injunctive and pecuniary damages against Bash Ali and will not hesitate to join any person, medium or organization that publishes any of the defamatory contents authored by Bash Ali, his agents or proxies as a co-defendant to the suit.
Bash Ali had launched a campaign of calumny against the Minister after the Ministry declined to sign on to a supposed Guinness World Record Boxing Championship Bout he was promoting. The Ministry had advised the former boxer to approach the Nigerian Boxing Board of Control (NBBofC) for support as that was the body with the requisite jurisdiction to support his ambition. This is particularly as the Ministry only deals with amateur boxers and not professional boxers like him, who has never had an amateur fight. Additionally, the bout being proposed by Bash was a purely business affair which Bash could conveniently champion as a private venture without the support of the Ministry.
The libel suit against Bash Ali would have been filed this week, within days of the ex-boxer releasing a ten-page letter that cast aspersion on the person and character of Mr. Dare, but the ongoing strike by the Judiciary Staff Union of Nigeria, JUSUN, which has shut the courts.
Mr. Dare’s legal team is however set to serve a Pre-Action letter to Bash Ali informing him of Mr. Dare’s intention to sue him for libel and demanding that Bash withdraws the falsehood he is peddling against the Minister and the Ministry of Youth and Sports Development. The said Pre-Action letter further requests Bash to stop the spreading of false, defamatory and blackmail materials against Mr. Dare through media channels or any other means and tender an apology to Mr. Dare for the reputational damage occasioned by the invidious publication.
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Alake Inaugurates Nigeria-US Solid Minerals Committee, Dismisses $700bn Claim, Says No Assets Sold
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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