Tajudeen Abbas, speaker of the house of representatives, says the lower chamber will introduce stricter licensing procedures in the mining sector to combat illicit resource trade and disrupt funding channels for insecurity.
Abbas spoke on Wednesday at the 8th annual conference of the Network of African Parliamentarians on Defence and Security Committees in Abuja.
Abbas said poor regulation of extractive activities breeds corruption and funds violence, particularly in regions rich in gold, oil, and other minerals.“Our continent faces many challenges. Poor management of natural resources, open borders, extreme ideologies, and alienation of young people are causing conflicts that threaten lives and institutions,” Abbas said.
“Nigeria has embraced the responsibility of leadership in continental security. From early ECOWAS peace-support initiatives to our current involvement in the multinational joint task force and the Gulf of Guinea maritime arrangements, we reliably provide troops, intelligence, and mediation.“The struggle for peace is also a struggle for responsible stewardship of Africa’s natural endowments.
Abbas said to build on the reforms, he is sponsoring a bill to overhaul the Nigerian Minerals and Mining Act of 2007.He said it will reposition the nation’s solid minerals sector as a “pillar of the national economy at a time of dwindling oil revenues and an unavoidable transition to clean, renewable energy”.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kaduna north APC endorses Tinubu, Uba Sani, Tajudeen Abbas for second termStakeholders of the APC in Kaduna-north senatorial district have formally endorsed President Bola Tinubu, Uba Sani Speaker, Tajudeen Abbas...
Read more »
Lax border control fueling insecurity in Nigeria, says Tajudeen AbbasTajudeen Abbas, speaker of the house of representatives, says Nigeria’s porous borders have made the country vulnerable to criminal activities.
Read more »
PHOTOS: Tajudeen Abbas inaugurates bus and taxi terminal in AbujaNigeria's independent online newspaper
Read more »
Reps considered 2,263 bills, passed 186 in two yearsSpeaker Abbas Tajudeen also said 51 bills passed by the House have received presidential assent.
Read more »
Don’t allow dangerous utterances destabilise House of Reps – PDP group tells Speaker AbbasA political watchdog within the Peoples Democratic Party has cautioned the House of Representatives against condoning the alleged dangerous antics of lawmakers, warning that some utterances could undermine their efforts if not checked.
Read more »
Poor connectivity hindering farmer access to tech tools, says Tajudeen YahayaTajudeen Yahaya, chief executive officer (CEO) of Extension Africa, has called for increased investment in digital infrastructure to ensure local farmers have access to agricultural tools, services, and market opportunities.
Read more »