Dele Alake | InsideOjodu https://www.insideojodu.com ...conecting the community Thu, 30 Nov 2023 08:04:29 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.10 http://www.insideojodu.com/wp-content/uploads/2018/12/favicon.ico Dele Alake | InsideOjodu https://www.insideojodu.com 32 32 FG, US consider credit facilities for mining firms https://www.insideojodu.com/fg-us-consider-credit-facilities-for-mining-firms/ https://www.insideojodu.com/fg-us-consider-credit-facilities-for-mining-firms/#respond Thu, 30 Nov 2023 08:04:29 +0000 https://www.insideojodu.com/?p=52290 The Minister of Solid Minerals Development, Dele Alake, and United States Assistant Secretary for…

The post FG, US consider credit facilities for mining firms first appeared on InsideOjodu.]]>
The Minister of Solid Minerals Development, Dele Alake, and United States Assistant Secretary for Energy and Natural Resources, Geoffrey Pyatt, have agreed to set up a team of officials from both countries to explore financing for credit to mining firms and infrastructures.

On the sidelines of the Mines and Money Conference held in London, Pyatt said his visit to Alake followed an earlier meeting with President Bola Tinubu who sought the support of the US for the country’s economic revival.

He said the US would like to be Nigeria’s partner of choice in developing the solid minerals sector and was interested in the reforms announced by the minister during the conference.

Noting that the US has various institutions and laws which encourage direct foreign investment, Pyatt said he would notify the agencies to collaborate with their Nigerian counterparts to work out the framework.

Responding, Alake said the Ministry of Solid Minerals Development had launched a seven-point agenda as its roadmap to reposition the sector.

He highlighted the establishment of the new Solid Minerals Development Company, a new security architecture to ensure safety of mine operations and data generation on a massive scale to de-risk the sector.

The minister added that “the credit facility and foreign direct investment promised by the US would be in the mutual interest of both countries because energy minerals such as lithium are critical to the global crusade for clean energy and necessary for the manufacture of electric cars.”

Also speaking at the meeting, the Executive Secretary of the Nigerian Solid Minerals Fund, Fatima Shinkafi, commended the US for investment in mining infrastructure in Central Africa, urging a similar partnership with the Fund.

The post FG, US consider credit facilities for mining firms first appeared on InsideOjodu.]]>
https://www.insideojodu.com/fg-us-consider-credit-facilities-for-mining-firms/feed/ 0
Breaking News: Federal universities remain tuition-free, says Presidency https://www.insideojodu.com/breaking-news-federal-universities-remain-tuition-free-says-presidency/ https://www.insideojodu.com/breaking-news-federal-universities-remain-tuition-free-says-presidency/#respond Wed, 26 Jul 2023 15:38:06 +0000 https://www.insideojodu.com/?p=47660 The Presidency, on Wednesday, said that despite the hike in ancillary fees at several…

The post Breaking News: Federal universities remain tuition-free, says Presidency first appeared on InsideOjodu.]]>
The Presidency, on Wednesday, said that despite the hike in ancillary fees at several universities nationwide, tuition remains free in federal universities.

This comes barely five days after Federal Unity Colleges increased the school fees for new students from N45,000 to N100,000.

“For the avoidance of doubts, federal universities in Nigeria remain tuition-free,” a statement signed by the President’s Special Adviser on Special Duties, Communications, and Strategy, Dele Alake, read Wednesday.

The statement is titled ‘Federal Universities Remain Tuition-free.’

While acknowledging the rise in fees in federal universities in the country, the presidency insisted that these are ancillary fees and do not affect tuition.

“We are aware that some universities have in recent weeks announced increases in the amount payable by students on sundry charges.”

The post Breaking News: Federal universities remain tuition-free, says Presidency first appeared on InsideOjodu.]]>
https://www.insideojodu.com/breaking-news-federal-universities-remain-tuition-free-says-presidency/feed/ 0