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Nairaland Forum / Nairaland / General / Politics / $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana (440 Views)
$9B Worth Of Gold Illegally Taken From Nigeria Annually - Femi Falana / $9b Judgment: P&ID Chief Names Yar’adua, Lukman, NNPC GMD, 15 Others Behind Cont / British court orders Irish firm to seize $9b Nigeria’s foreign reserves (2) (3) (4)
$9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by BennyDGreat: 1:43pm On Aug 28, 2023 |
By Ebenezer Mabinuola A few days ago, popular Nigerian Lawyer, Femi Falana was invited to Sunrisedaily, a news and current affairs programme of Channels TV. He was interviewed by Chamberlain Usoh and Maupe Ogun-Yusuf who expressed shock at the revelation. In the short clispe, He said: "Just yesterday, a friend was asking me…. How can this government appoint Dele Alake as Minister of solid minerals instead of information Do you know the implication that annually 9billion dollars worth of gold is illegally taken out of Nigeria according to a former minister Dr.Ogah through private jets? You can google it. I am not talking about lithium or other mineral resources.. I just handled a case in Osun. Under our minerals acts, if you are mining gold or sold minerals in my land, what does the law provide? 100 naira per acre. An old law! You are moving me out of my land, I am a farmer. This is where I farm but you said no, get out of the place. The government has taken over your land. We will pay you a 100 naira. They were going to pay our client 150,000 naira. The client came to us and said what are we going to do? We went to court; federal high court Osogbo The other lawyer said this is what the law provides. We said no…. Section (44)1 of the constitution says: If you take over my land for public purpose, I will be paid a fair and just compensation. The Judge awarded 250 million naira to our client. You know what I discovered unfortunately after the case and fortunately for the company, we discovered that in 5 years, that company will make a profit of 500 million dollars. No tax. Do you run a country that way and you are taxing the poor….tighten your belt."[b][/b] Video-https://youtube.com/watch?v=gdfKJlq6Sbg&si=nT8R6R1fxHyfPrjL Mods...Mynd44, OAM4J FP please. This is a serious situation. 1 Like
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Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by Nbote(m): 1:56pm On Aug 28, 2023 |
Nigeria is gone... The problem of Nigeria is Nigerians |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by IbotNugida(m): 2:02pm On Aug 28, 2023 |
like say na now day dey break some people brain 2 Likes |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by festacman(m): 2:04pm On Aug 28, 2023 |
ok |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by NzogbuNzogbu: 2:05pm On Aug 28, 2023 |
Tinubu the master strategist should handle it |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by christejames(m): 2:06pm On Aug 28, 2023 |
This is happening because they all have their eyes fixated on the oil and gas in the Niger Delta and South East... 1 Like |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by accordadoga25(f): 2:15pm On Aug 28, 2023 |
Hehehehe |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by DevilishMan: 2:32pm On Aug 28, 2023 |
This foolish Oluwole charge & bail was the first BATist to say 25% is not needed in the FCT.
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Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by crossfm: 2:34pm On Aug 28, 2023 |
Hehehe. If you are expecting this present government to fight corruption you are joking. Look around the people in strategic position's in Nigeria first,then tell me if these guys can fight corruption. You can't give what you don't have. |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by RenaissanceGuy: 3:07pm On Aug 28, 2023 |
I still don't understand why we don't have Nigeria National Gold Corporation, NNGC, headed by a southerner, just as we have NNPC. |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by olisaEze(m): 3:12pm On Aug 28, 2023 |
In the past 15 months to June this year, Nigeria has made N78 billion from gold according to the NBS. That is not inclusive of the illegally mined and sold gold that Egbon Falana mentioned oo! So why is Nigeria so broke? because the money gets frittered away into private pockets while the people are all concentrating on crude oil! It will take 50 yrs of the PDP to match the damage this party has done in 8 yrs! ![]() |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by Racoon(m): 3:15pm On Aug 28, 2023 |
This is another wicked the North has been cheating this nation. Their natural resources only belongs to them. The uncoverd Zamfara gold mines responsible for banditry and terrorism are classical cases. 1 Like |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by ivolt: 3:18pm On Aug 28, 2023 |
The figure is impossible. Even SA does not earn that amount from Gold mining. Also, this activist should stop being lazy. The so-called "illegal" gold mines in Nigeria are licensed by the government. Instead of them to focus on whether the license owner are paying the required fees and taxes, Nigeria media choose fake news instead. |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by BennyDGreat: 8:07pm On Aug 28, 2023 |
ivolt: He mentioned the figure. Go watch the video. It's from the official YouTube channel of Channels TV |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by BennyDGreat: 12:56pm On Aug 29, 2023 |
olisaEze: The 78 billion is in naira not dollars. https://www.google.com/amp/s/businessday.ng/business-economy/article/gold-export-hits-n78bn-highest-on-record/%3famp=1 For Nigeria to make huge figures in dollars into government coffers, the industry must be well regulated |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by 9jahotblog: 12:57pm On Aug 29, 2023 |
Current APC National Chairman, ex governor Ganduje collecting kickbacks from Kano contractor https://www.youtube.com/watch?v=ZP9nnrCZqmw?si=4l9nyMSUt_8x_vkA It’s Hypocritical for Tinubu to subject Nigerians to Poverty - Pastor Tunde Bakare Tinubu is wicked in his government, Tinubu’s government is liberal and hypocritical to subject Nigerians to Extreme poverty. https://www.youtube.com/watch?v=kPJuhdz23a0?si=E6JhKq5BGQHnTBOk |
Re: $9B Worth Of Gold Illegally Taken From Nigeria Annually-Femi Falana by BennyDGreat: 8:52am On Aug 31, 2023 |
christejames: Wetin con be the way forward like this? |
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