The Senate on Thursday said the country was
losing about N4 trillion to illegal mining
activities annually and ordered investigation
into the development.

Mandating its Committee on Solid Minerals
during plenary to carry out the investigation
into the issue, the senate said that the
development was worrisome, especially with
current low performance of the oil sector.
The Senate also directed the Inspector-
General of Police and other law enforcement
agencies to live up to their responsibilities,
particularly, by arresting and prosecuting
illegal miners.

The red chamber urged the executive at the
federal, state and the local government levels
to take concrete steps to end illegal mining
activities.

These resolutions were made sequel to a
motion by Sen. Duro Faseyi (PDP Ekiti North),
seeking an end to illegal mining in the
country.

In the motion, Faseyi drew the attention of
the senate to what he described as
‘’worrisome and unlawful plundering’’ of the
nation’s solid minerals sector by local and
foreign illegal miners.

He claimed that illegal mining had resulted in
the loss of over N8 trillion by the nation
‘’every two years’’, lamenting that this had
impacted adversely on the already ailing
economy.

The lawmaker told his colleagues that illegal
mining was thriving in Nigeria because of
weak legislations and poor enforcement.
According to him, the situation has
jeopardized the urgent need to diversify the
economy from oil to solid minerals.

He also said that illegal mining had resulted in
the devastation and pollution of the
environment, leading to the death of hundreds
of Nigerians, with thousands sick or wounded.
Faseyi observed that the government
appeared helpless, without any concrete
strategy in place to tackle the ‘’monumental
economic sabotage’’.

http://www.vanguardngr.com/2015/11/nigeria-loses-n4trn-to-illegal-mining-senate/

Cc: Lalasticlala

FTC thingz.#Godwin......

...... in another news Federal Government Scholars in China are going hungry as a result of unpaid scholarship allowances. Since January 2015, and still counting....
Nigerian Government, what is happening?. Do we wait till these scholars start protesting, so they would be tagged unpatriotic or better still an embarrassment to the nation? Nobody cares of what they are currently undergoing in trying to make ends meet. . This is very unfair!!!