Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,151,598 members, 7,812,957 topics. Date: Monday, 29 April 2024 at 11:44 PM |
Nairaland Forum / Nairaland / General / Politics / Nigeria Loses $9bn To Illegal Mining In 2 Years (4888 Views)
Amitolu Shittu: Lawmakers, Ex-governors Behind Illegal Mining In Osun / Video Of Illegal Gold Mining In Kano Emerges / Olusegun Obasanjo: I Will Commit Suicide By Hanging If Nigeria Loses Hope (2) (3) (4)
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by lexy2014: 11:18am On Nov 23, 2017 |
sanpipita:neither did I say they saved 9b. I think I was explicit enough 1 Like |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by Afobear: 11:19am On Nov 23, 2017 |
Primusinterpares:i swaer...u nobgo popular |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by buffalowings: 11:20am On Nov 23, 2017 |
Jos is the nigeria capital of illegal mining 1 Like |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by Primusinterpares(m): 11:24am On Nov 23, 2017 |
Afobear:I don't want popularity... I prefer relevance to cheep social media 2minutes trend of "porpulrity" 1 Like |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by mapet: 11:48am On Nov 23, 2017 |
At times I get "confused" on what to react to, is it the article posted or the "sensless" manner in which some folks are reacting to something this serious |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by Nobody: 11:58am On Nov 23, 2017 |
These northern politicians and their political zombies are the thieves of these mineral resources. |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by mapet: 12:00pm On Nov 23, 2017 |
Blue3k2: 1. It will surprise you that many of these illegal miners are actually in collaboration with foreigners (Chinese, Indians etc). What that tells you very quickly is that there is a market outside the country that receives these goods. 2. Makes me wonder what previous Ministers/Govt had been doing. Diezani left this same ministry and went to petroleum. Seems they all marked time or what? We just allowed this industry to practically go undeveloped, unregulated and free for all. 3. Fayemi is doing a thankless job. Our solid minerals industry value-chain will take a long time to fully mature. It will need commitment and painstaking sieving the wheat from the chaff to get it to fully take-off. 4. I have some fears. I hope Fayemi's team understand the terrain they are taking the fight to. Illegal miner are like smugglers. They are weaponised and very dangerous. They have opened fire on NSCDCs in the past. Fayemi's team better be well equipped. Toyota vehicles are not enough. They need weaponised vehicles, choppers and drones. The value-chain building process is another discusssion 1 Like 1 Share |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by Blue3k2: 1:44pm On Nov 23, 2017 |
mapet: 1. Yeah when they started talking about gem export being in range of 1 billion I knew something weird going on. If I didn't read mining data I wouldn't know Nigeria had gems at all. 2. t's funny nobody cares about such issues till this administration. It's all oil money. 3. Hes actually in top 3 in my opinion of biharis ministers. I think in some areas we can see development is we focus on training and Industru clusters like aluminium and steel. |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by jpphilips(m): 6:33pm On Nov 23, 2017 |
Blue3k2: The worst thing that will happen to you, is trying to reason with nonentities on Nairaland. 1 Like |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by Blue3k2: 7:00pm On Nov 23, 2017 |
jpphilips: Your right it's an exercise in futility. Its victim mentality at work. If you ask him how many Jonathan arrested or why did he set up mining police we get no reasonable answers. Jonathan was doing same thing he's moaning about. |
Re: Nigeria Loses $9bn To Illegal Mining In 2 Years by Visionwriter: 3:32am On Nov 24, 2017 |
Blue3k2: Yes. But if your reasoning is correct, then all the government has to do is give legal miners the license to access those areas and problem solved. They will take over those mines and no need to spend hundreds of millions. But its not so. Secondly, its not just registering illegal mines. If the process was that straight forward, the illegal mines would have registered themselves in the beginning and won't be illegal. Its registering them cheaply and transparently. You are right that some people will always prefer a black market. But when the black market is worth $9 billion or N3.2 trillion Naira compared to a $4 - $12 billion legal market, the problem is beyond just a few people preferring black markets. It means it is cheaper - even when you include security risks that come with precious metals- both for those selling and those buying to go through illegal means than to go through legal means. When its is incredibly more cost effective to be illegal than legal, you will find more people being illegal. And that cost is controlled largely by government. |
2019: Awkunanaw People Present ‘ofo’ To Gov Ugwuanyi / PM Of Britain Boris Johnson On A Bicycle Home, But In NIGERIA It's Different / Breaking!!! ESN Clash And Kills Fulani Herdsmen Cows In Old Bende(isiukwato)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 25 |