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DAILY BLAST
You are at:Home»Events»FG alleges plot to embarrass Tinubu during UK visit
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FG alleges plot to embarrass Tinubu during UK visit

DailyblastBy DailyblastMarch 16, 202604 Mins Read
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The Federal Government says it has uncovered an attempt by an embattled mining company, Jupiter Ltd, to launch what it described as a “campaign of calumny” against Nigeria during the planned state visit of President Bola Tinubu to the United Kingdom, following a dispute over revoked mineral licences.

The Ministry of Solid Minerals Development said the alleged move was aimed at discrediting the Federal Government’s reforms in the mining sector and misleading the international community about the circumstances surrounding the revocation of certain mineral licences.

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It said the company and its associates were allegedly preparing to circulate what it termed misleading claims about the Nigerian mining sector to discredit the government’s ongoing reforms.

In a statement issued on Sunday by the Special Assistant on Media to the Minister of Solid Minerals Development, Segun Tomori, the ministry insisted that allegations that Nigeria seized a British lithium project under armed guard were false and misleading.

Tomori said the Federal Government had no legal or contractual relationship with any company known as Jupiter Lithium, stressing that Nigeria’s mining laws prohibited foreign companies from directly holding mineral titles.

The statement read, “It has come to the attention of the Ministry of Solid Minerals Development that an embattled mining firm, Jupiter Ltd, plans to orchestrate a campaign of calumny against the Federal Government of Nigeria during the state visit of President Bola Tinubu to the United Kingdom.

“Earlier in the week, the Special Adviser to the Minister of Solid Minerals Development, Kehinde Bamigbetan, authored a robust response to a tissue of falsehoods sponsored by Jupiter Ltd in a publication titled ‘Nigeria Seizes British Lithium Project Under Armed Guard.

“Our response, titled ‘In Nigeria’s Mining Sector, The Law Is No Respecter of Persons,’ exposed the antics of one Steve Davis and Hamish MacDonald, whose deceitful enterprise in the mining sector eventually met the full weight of the law.

“We made it unequivocally clear that the allegations are baseless and unfounded. The Federal Government, through the  ministry and the Nigeria Mining Cadastral Office, has no legal or contractual relationship with any company known as Jupiter Lithium, as the Nigerian Minerals and Mining Act expressly prohibits the granting of mining licences to foreign companies.”

He explained that the controversy stemmed from the revocation of mineral titles belonging to Basin Mining Ltd, a Nigerian company linked to an Australian national, Steve Davis, who allegedly fronts several mining entities operating in the country.

According to the ministry, the revocation followed the company’s failure to meet statutory financial obligations under Nigeria’s mining regulations.

“The bone of contention is the strict application of regulations governing the mining sector, which necessitated the revocation of mineral titles belonging to a Nigerian company, Basin Mining Ltd, fronted by the said Mr Davis, an Australian national.

“The revocation was done after due notice was served on the company in line with extant laws on default in payment of annual service fees,” Tomori stated.

He added that Basin Mining Ltd lost its mineral titles after failing to pay statutory annual service fees amounting to N2.494bn for the 2024 and 2025 fiscal years.

“Through these fronts, he held several licences but chose to cry blue murder when the law caught up with one of his companies for defaulting on statutory obligations.

“Instead of adhering to Nigerian mining laws, Davis would rather operate surreptitiously as a mining speculator who sets up companies to acquire mineral titles and shortchange the nation,” the statement added.

The ministry said the practice had contributed to the problem of dormant mining licences and illegal mining activities in the country, as speculators hold vast mineral assets without developing them.

It noted that the Federal Government was determined to end such practices as part of ongoing reforms aimed at repositioning the mining sector as a key driver of economic growth.

“The nefarious activities of the past that stunted the growth of the mining sector will no longer be tolerated by the Tinubu administration.

“Ongoing reforms that have repositioned the sector and attracted growing global interest have come to stay.

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