Economy
British Investors To Explore Nigeria’s Mining Opportunities – FG
British Investors To Explore Nigeria’s Mining Opportunities – FG
British investors to explore Nigeria’s mining opportunities. He described Nigeria’s economic growth as crucial for global prosperity.
The minister of solid minerals development, Dele Alake, has urged British investors to explore opportunities in Nigeria’s mining sector.
Mr Alake made the call when he received the British Deputy High Commissioner to Nigeria, Jonny Baxter, on Monday in his office in Abuja.
He stated that Nigeria welcomed the UK’s support for capacity building, technical assistance, and knowledge transfer across the country’s mining value chain.
He said that President Bola Tinubu has approved the establishment of the Nigeria Solid Minerals Corporation to transform the mining sector and lay the foundation for its sustainable development.
According to the minister, the initial set up of the new corporation will be driven by the Ministry of Finance Incorporation (MOFI), with the structure modeled after the Nigeria Liquefied Natural Gas (NLNG) model.
“The Solid Minerals Corporation will be an enduring legacy. No future government will be able to exert any political interference.
“ The President has approved this, and we are looking at a 50 per cent equity stake for the private sector, 25 per cent for Nigerians, and 25 per cent for the Federal Government,” he said.
Mr Alake disclosed that in 2025, government planned to create a more competitive and internationally recognised mining sector that would play a significant role in boosting Nigeria’s economic profile.
“We are focused on improving access to mining sites through the development of intermodal transport along the mining corridor, including roads, rail, and waterways.
“ Others are Strengthening the regulatory framework, remediating abandoned mining pits for productive use, ensuring investor security and expanding exploration to generate geo-data to attract major players ,” he said.
The minister described 2025 as a pivotal year for Mr Tinubu’s administration, stating that the ongoing efforts to drive reforms across various sectors was already yielding results.

British
“We are encouraged by the support of our international partners for the difficult, but necessary reforms undertaken by this administration. We are already seeing positive trends in the economy, and prosperity is within reach,” he said.
On his part, Mr Baxter commended the federal government’s move to model the new Solid Minerals Corporation after the NLNG, and reaffirmed the UK’s continued support in strengthening Nigeria’s regulatory framework.
He described Nigeria’s economic growth as crucial for global prosperity, while assuring Mr Alake of the UK’s continued commitment to enhancing bilateral cooperation in the mining sector.
Economy
Tinubu Government Unveils 100 Electric Buses for Civil Servants
Tinubu Government Unveils 100 Electric Buses for Civil Servants
The Federal Government has commissioned 100 electric buses under the Renewed Hope Mass Transit Programme to ease transportation challenges for federal civil servants and improve workers’ welfare.
Eereporter.com
The buses were launched on Wednesday at Eagle Square, Abuja, with the Head of the Civil Service of the Federation, Mrs Didi Walson-Jack, describing the initiative as a major milestone in efforts to improve the welfare of civil servants.
The first phase of the programme comprises 37 of the 100 buses approved under the Renewed Hope Mass Transit Programme, as reported by Vanguard.
Walson-Jack described the commissioning as her “parting gift” to federal civil servants, coming less than 24 hours before the end of her tenure as Head of the Civil Service.
“What we have here is 37 buses, being the first instalment of the 100 Electric Buses,” she said.
She said transportation had a significant impact on workers’ finances, safety, punctuality and productivity, adding that affordable and reliable transportation would help reduce the burden on civil servants.
“For many Civil Servants, the daily commute shapes their finances, their safety, their punctuality, and ultimately their productivity,” she said.
FG unveils 100 electric buses for civil servants
According to her, the intervention would enable workers to save money, reduce commuting risks and arrive at work with more energy to deliver quality public service.
“A Special Purpose Vehicle has been established to ensure their proper management, maintenance and long-term sustainability,” she said.
Meanwhile, the Minister of State for Industry, Trade and Investment, Senator John Owan Enoh, described the project as more than a transportation intervention, saying it combined workers’ welfare, productivity, industrialisation and technology.
He said each of the 100 electric buses could accommodate up to 200 passengers and travel a minimum of 200 kilometres on a full charge.
Also, Director General of the National Automotive Design and Development Council, Olu Osanipin, in a statement on his X handle, said the “first deployment marks the beginning of a phased rollout, with the full complement of 100 electric buses expected to be deployed by December 2026.”
FG unveils 100 electric buses for civil servants

Transportation
Enoh commended NADDC and other stakeholders involved in the project, urging local manufacturers to invest in factories, deepen local content and produce globally competitive products.
He said the Federal Government remained committed to ensuring that its economic reforms translated into industries, jobs, infrastructure and improved living standards for Nigerians.
Eereporter.com
Crime
Brazil Fines TikTok $30m Over Failure to Implement Child Safety
Brazil Fines TikTok $30m Over Failure to Implement Child Safety
Brazil’s data protection agency on Tuesday fined TikTok nearly $30 million for failing to implement child safety measures in what it said was a “powerful signal” to social media companies.
Eereporter.com
Brazil has taken a tough stance on the regulation of social media platforms, cracking down on disinformation and requiring users under 16 years to have their accounts linked to those of their parents.
An enforcement director with the ANPD data protection agency, Fabricio Lopes, told a press conference that TikTok “was not taking the necessary measures to prevent adolescents from accessing the platform and from having the data of these children and adolescents processed.”
This data was “being used to offer advertising to adolescents.”
He said the fine of 153.7m reais ($29.9 million) was a “powerful signal to other platforms regarding how seriously the ANPD takes this work” and that the agency hoped they “get the message.”
TikTok agreed last week to pay $400m to settle a lawsuit with the US Department of Justice over claims that the video-sharing platform collected children’s personal data without parental permission.
– Tougher enforcement –
This month, the ANPD also ordered popular streaming platform Discord to suspend livestreams and video calls after a teenage girl was allegedly encouraged to take her own life during a broadcast.
The agency told AFP that an appeal filed by Discord on Monday against the suspension is under review.
ANPD director Lorena Coutinho said the agency had, last week, initiated proceedings to verify the compliance of 22 social media networks and platforms with a law passed this year to protect children and teens online.
In addition to the fine, the ANPD ordered TikTok parent company ByteDance to delete data collected in violation of regulations.
Coutinho said TikTok had committed to suspend all adverts for users who are not logged in.
TikTok has committed to “implementing a compliance plan to improve the protection of children and adolescents,” the ANPD said.

Brazil Fines TikTok
The platform will be required to automatically apply stricter privacy settings to accounts belonging to children under the age of 16, strengthen parental supervision systems, and implement stricter content filters.
TikTok did not immediately respond to requests for comment from AFP.
In 2024, the platform X was blocked for 40 days in Brazil, until the social media network owned by the world’s richest person, Elon Musk, complied with the Supreme Court’s orders to remove accounts spreading disinformation.
Eereporter.com
Economy
Umahi Leads the Way as Tinubu Orders Immediate Action on Benin-Agbor-Asaba Road Intervention
Umahi Leads the Way as Tinubu Orders Immediate Action on Benin-Agbor-Asaba Road Intervention
The Minister of Works, Senator Engr. David Umahi, CON, has moved swiftly to address the worsening condition of the Ifaki-Kabba-Ado Ekiti road in Ekiti and Kogi States, and Benin-Agbor-Asaba Roads following President Bola Ahmed Tinubu’s directive for urgent intervention to ease the hardship being faced by motorists and commuters.
Eereporter.com
Umahi, who expressed deep concern over the deplorable condition of the road and the suffering of road users who have spent hours and, in some cases, days on the route, said the Federal Government was determined to take immediate corrective measures while working towards permanent solutions.
“President Tinubu, GCFR, has directed the Federal Ministry of Works to urgently intervene and ensure that necessary corrective actions are taken to restore movement on the affected roads as quickly as possible.” Said Umahi
The Minister, in response to the directive, has already set machinery in motion for immediate action.
As part of the intervention, Umahi directed the Minister of State for Works to lead a team of ministry officials to the Ifaki-Kabba-Ado Ekiti axis to assess the situation and commence urgent remedial works.
The assignment is already on as of 10 a.m. on Tuesday, August 25, 2026, with officials of the Ministry on the ground to begin the intervention.
While the intervention team moved into Ekiti and Kogi States, Umahi himself headed to Benin, Edo State, alongside members of the National Assembly Works Committees, to initiate a similar coordinated intervention on the Benin-Agbor-Asaba road.
The Benin meeting is expected to bring together key stakeholders, including representatives of the Edo and Delta State Governments and the Niger Delta Development Commission (NDDC), with the aim of finding immediate solutions to the challenges confronting motorists on the strategic corridor.
Umahi also took responsibility for the unfortunate situation on the affected roads and apologised to commuters who have been stranded or delayed for several hours and days.

Benin-Agbor-Asaba
He assured road users that the Federal Government’s response would go beyond temporary relief, with immediate measures being pursued alongside permanent solutions to restore the affected roads and improve their long-term reliability.
Francis Nwaze
Senior Special Assistant to the Honourable Minister of Works (Media)
August 25, 2026
Eereporter.com
-
Crime1 year agoKogi Assembly Considers Law To Regulate Rent, Establish Control Board: Tenancy Law
-
News1 year agoAtiku Reveals Why He Failed To Pick Wike As Running Mate In 2023
-
Akwa Ibom2 years agoThe Apostolic Church Gets New Territorial Chairman, Exco
-
Crime2 years agoFederal High Court Jails 2 For Vandalizing Transformer, Telecom Mast In Kogi
-
News2 years agoThe Apostolic Church Gets New National President, Executive
-
Akwa Ibom2 years agoUmo Eno Commences Payment Of 80,000 Naira Minimum Wage With Arrears
-
News1 year agoSenator Natasha Returns To Senate With Husband Amid Seat Dispute
-
Economy1 year agoKiyosaki: Is Tinubu’s Government Afraid Of Ibrahim Traore?
