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Nigerian Football Stakeholders Voice Out Concerns Against NFF President



With appropriations made in millions of dollars annually for football in Nigeria, Amaju Pinnick and his board members have been receiving these amounts in the tune of billions of naira appropriated legally to the N.F.A (Nigeria Football Association) while they spend these huge sums as the N.F.F (Nigeria Football Federation).

The Federation is now going to the streets exclaiming ‘interference’ when they actually owe existence and recognition to the Government of Nigeria.

The N.F.F have turned a blind eye to their illegitimacy due to the illegal status on which they stand and are still being seen as wanting not to obey the supremacy of Nigeria’s law.

“We urge the Federal Government to ask EFCC and ICPC to immediately conduct a forensic audit on the NFF and the wanton financial mismanagement and misappropriation going on in the Glass House. They would be shocked to find an unprecedented level of theft.

“All their books are cooked, from the monies received from sponsors, and even the Government”, the source concluded.

The current board are looking to illegally cling to power instead of conducting an election this year, as scheduled in the Federation’s Calendar.

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FG woos foreign mining investors with lower production cost



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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