• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Monday, March 9, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home National

FEC Okay N2.5bn To Procure Satellite Technology

Ojimaojo Abubakar by Ojimaojo Abubakar
March 4, 2025
in National
0
FEC Okay N2.5bn To Procure Satellite Technology
0
SHARES
4
VIEWS
FacebookTwitterWhatsappEmailTelegram

FEC Okay N2.5bn To Procure Satellite Technology To Combat Illegal Mining

The federal executive council (FEC) has approved a N2.5 billion budget for the procurement of satellite technology to tackle unlicensed and unregulated mining operations in the country.

RelatedPosts

Appoint Na’Allah as Head TETFUND, Group Appeals to President Tinubu

Appeal Court Dismisses INEC’s Bid to Validate PDP Convention

Unusual Celebrates Female Inmates, Donates Relief Items At Suleja Custodial Centre

Alake, the minister of solid minerals development, briefed State House correspondents at the end of the FEC meeting presided over by President Bola Tinubu.

“The satellite equipment will be installed in strategic locations to provide real-time visual monitoring of mining operations nationwide,” the minister said.

“This technology will enable us to track mineral extraction, monitor truck movements, and assess security conditions at mine sites.

“Our approach has been two-pronged: persuasive and coercive. We have encouraged artisanal miners to form cooperatives, which has led to the formation of over 300 legalised societies.

“However, for those who remain recalcitrant, we have established the mining marshals to apprehend and prosecute illegal operators.

“Once these miners become legalised and structured, they can access financial institutions for loans, expand their businesses, and contribute meaningfully to the nation’s revenue.”

Alake said the satellite technology will be linked to a central command centre, allowing authorities to monitor activities at the click of a button.

The minister added that the technology will significantly improve efforts to combat illegal mining activities and ensure responsible and sustainable exploitation of mineral resources.

Alake said state governments are increasingly interfering in mining activities, posing a challenge to federal authorities’ efforts to regulate the sector.

ALSO READ:  Passengers deboarded safely after emergency landing of United Airlines aircraft – FAAN

“There have been cases of interference by states in mining activities. If there is an infraction in a state, the governor must consult us before taking action,” he said.

“We investigate and either act directly or authorise the state to act under federal cover.”

He noted that the government is working with Nuhu Ribadu, national security adviser, and the ministry of defence to curb illegal operations.

Alake said efforts to combat illegal mining have led to the apprehension of 320 illegal operators.

According to the minister, 150 are facing prosecution, nine have been convicted, and four foreign nationals have been prosecuted and convicted.

Alake said Nigeria has lost trillions of naira to unregulated and illegal mining activities, adding that the federal government’s control over the gold mining industry is being limited by state influence, resulting in lost revenue.

To address the challenge, he said the government is cooperating with state governors and offering alternatives such as special purpose vehicles (SPVs) to ease tensions and encourage state participation.

‘FG TO DEPLOY SATELLITE TECHNOLOGY TO COMBAT ILLEGAL MINING ACTIVITIES’
The minister said Nigeria has lost trillions of naira due to underreporting, illegal mining operations, and the challenges of monitoring its vast territory, describing the scale of losses as “mind-boggling”.

“A very elementary, non-scientific estimate we conducted in 2023 immediately after we assumed office revealed trillions of naira lost through unregulated, under-reported, and unlicensed mining activities,” he said.

“You should not ask how much the nation has gotten from gold; you should ask how much the nation has lost in gold. It is humongous, unheard of.”

ALSO READ:  Withheld Salaries: SSANU Members Protest At Nigeria French Language

Alake said the federal government will deploy satellite surveillance technology within the next month to monitor mining activities across the country, tackling revenue leakages and enhancing security.

The minister added that the initiative will enable the government to track operations even in remote locations, identify revenue leakages, and plug them to increase revenue flow.

Tags: FGSatellite
Previous Post

Kalu: Babangida Should Write A Second Book

Next Post

NNPC Slashes Petrol Price To N880/Litre In Abuja, N860/Litre In Lagos

Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

Related Posts

Appoint Na’Allah as Head TETFUND, Group Appeals to President Tinubu

Appoint Na’Allah as Head TETFUND, Group Appeals to President Tinubu

by Nathaniel Irobi
March 9, 2026
0

By Our Reporter A call has gone to President Bola Ahmed Tinubu to appoint the former Vice Chancellor, University of...

PDP Approves Caretaker Committees For Five States

Appeal Court Dismisses INEC’s Bid to Validate PDP Convention

by Nathaniel Irobi
March 9, 2026
0

  The Court of Appeal in Abuja has affirmed the judgment barring the Independent National Electoral Commission (INEC) from validating...

Unusual Celebrates Female Inmates, Donates Relief Items At Suleja Custodial Centre

Unusual Celebrates Female Inmates, Donates Relief Items At Suleja Custodial Centre

by Elanza
March 9, 2026
0

The Shamies Unusual Heart Foundation, on Sunday, visited the Suleja Medium Security Custodial Centre to celebrate female inmates and donate...

Next Post
NNPC Slashes Petrol Price To N880/Litre In Abuja, N860/Litre In Lagos

NNPC Slashes Petrol Price To N880/Litre In Abuja, N860/Litre In Lagos

LG Chairman Impeached In Bauchi

LG Chairman Impeached In Bauchi

Recommended

Court Fixes March 18 for Judgment in N10 Billion Fraud Case Against Kogi Aide

Victim Laments Delay in Prosecuting Two Abuja Lawyers Over Alleged Unlawful Eviction

4 days ago
‘I Never Said That’ — Bwala Denies Past Claims on Tinubu During Al Jazeera Grilling

‘I Never Said That’ — Bwala Denies Past Claims on Tinubu During Al Jazeera Grilling

3 days ago

Popular News

  • AIG Tunji Disu Appointed as New IGP

    AIG Tunji Disu Appointed as New IGP

    0 shares
    Share 0 Tweet 0
  • Appeal for Tax Relief for Nigeria’s Paramilitary Agencies

    0 shares
    Share 0 Tweet 0
  • IWD 2026: Kaduna’s Sole Female Council Chair Champions Gender Equality

    0 shares
    Share 0 Tweet 0
  • Nasir el-Rufai as a Threat to National Security by Chief Femi Fani-Kayode

    0 shares
    Share 0 Tweet 0
  • The Need To Scrap FRSC In Nigeria

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (817)
  • Education (261)
  • Entertainment (346)
  • Health (240)
  • National (3,144)
  • News (9,777)
  • Opinion (413)
  • Politics (1,955)
  • Science (15)
  • Security (413)
  • Sports (633)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform