• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, October 24, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Federal Government Denies NEF’s Claim On Lagos Gold Refinery

Nafisat Abdulrahman by Nafisat Abdulrahman
9 months ago
in Business
Gold
Share on WhatsAppShare on FacebookShare on XTelegram

The Federal Government has dismissed claims by the Northern Elders Forum (NEF), alleging a breach of the federal character principle in the siting of a gold refinery in Lagos State.

In a statement issued on Sunday in Abuja, the Special Assistant on Media to the Minister of Solid Minerals Development, Segun Tomori, described the NEF’s allegations as a misrepresentation of comments made by the Minister of Solid Minerals, Dr. Dele Alake, on ongoing reforms and private investments in the solid minerals sector.

“There was nowhere in the Minister of Solid Minerals announcement that the Federal Government owned or established a gold refinery in Lagos or anywhere for that matter,” Tomori said. “Dr. Dele Alake was clear that other gold refineries are in the works across the country and that they are all privately owned by different companies.”

Tomori clarified that the refinery referenced by the NEF was a private initiative of Kian Smith, a wholly privately owned mining company, established to boost Nigeria’s local gold industry.

He emphasised that the Federal Government does not dictate the location of private businesses, noting that such decisions are driven by individual companies’ operational and commercial interests.

“The Federal Government neither owns nor established a gold refinery in Lagos or anywhere else in the country,” he reiterated, urging the public to differentiate between government projects and private sector investments.

According to him, the Ministry remains committed to fostering an enabling environment for solid minerals development across all regions of the country.

RELATED NEWS

CBN Moves To Tackle Payment Barriers In Nigeria-China Trade

Solar Panels Become Nigeria’s New Wedding Gift As Power Costs Rise – Bloomberg

MSMEs, Analysts Say CBN Rate Cut Yet To Ease Credit As Private Lending Falls By N537.6bn

Tomori further commended the company’s founder and Managing Director, Ms. Nere Emiko, for what he described as her “doggedness in delivering a flagship project after years of perseverance, enterprise, and leadership.”

He added that the refinery stands as a testament to the success of the Federal Government’s value-addition policy, which seeks to discourage the export of raw minerals and promote local processing and manufacturing.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Nafisat Abdulrahman

Nafisat Abdulrahman

Nafisat Abdulrahman is a journalist and content creator with Leadership Newspaper, specialising in current affairs, political reporting, and social justice. Her work spans government accountability, leadership appointments, climate policy, international relations, and legal affairs, alongside evergreen content on personal development, career growth, and global travel. She is also an active digital content creator across Instagram, TikTok, and X.

OTHER NEWS UPDATES

CBN Moves To Tackle Payment Barriers In Nigeria-China Trade
Business

CBN Moves To Tackle Payment Barriers In Nigeria-China Trade

5 hours ago
Solar Panels Become Nigeria’s New Wedding Gift As Power Costs Rise – Bloomberg
Business

Solar Panels Become Nigeria’s New Wedding Gift As Power Costs Rise – Bloomberg

8 hours ago
MSMEs, Analysts Say CBN Rate Cut Yet To Ease Credit As Private Lending Falls By N537.6bn
Business

MSMEs, Analysts Say CBN Rate Cut Yet To Ease Credit As Private Lending Falls By N537.6bn

10 hours ago
Next Post
‘No Pain Like Losing A Child’, Tinubu Mourns Chimamanda Adichie’s Son

Tinubu: Federal Government Drops Cyberbullying Charges Against Meta, X

LATEST UPDATE

Customs Recruitment: FCC Demands Suspension As NCS Vows To Reinstate Wrongly Excluded Candidates

5 minutes ago

BREAKING: Tinubu Arrives Kaduna For APC’s 2027 Presidential Campaign Flag-Off

22 minutes ago

JUST IN: Anxiety As Air Peace Flight To Asaba Reportedly Makes Emergency Landing In Lagos

34 minutes ago

Agada Faults APC’s 90-Day Economic Plan As Unrealistic

38 minutes ago

Kaduna Presidential Rally: Atiku Is A Butterfly That Thinks It Is A Bird – Keyamo

51 minutes ago

Kaduna Streets Overflow With APC Supporters Ahead Of Tinubu’s Arrival

55 minutes ago

Kaduna Govt Denies Releasing ₦2.3trn For APC Presidential Campaign Rally

1 hour ago

Extreme Heat: 10 Things Nigerians Should Do to Prepare For El Niño as Report Projects 31,400 Deaths

2 hours ago

Rivers Lawyers Accuse VeryDarkMan Of Defaming Jordan Wike, Demand Apology

2 hours ago

Remi Tinubu: We’ll Give Those Who Don’t See Nigeria’s Changes ‘Tinubu Eyeglasses 

2 hours ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.