National Economy
Tuesday, September 30, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home News

Reps Threaten To Revoke Licences Of Defaulting Quarry Operators

by James Kwen
4 months ago
in News
Reading Time: 1 min read
Reps Threaten To Revoke Licences Of Defaulting Quarry Operators,Reps
Share on FacebookShare on TwitterShare on Telegram

The House of Representatives Committee on Solid Minerals has threatened to cause the revocation of mining licences of companies operating quarries across the country for either operating illegally or failing to honour legislative summons.

Chairman of the committee and member representing Keffi/Karu/Kokona federal constituency of Nasarawa state, Hon. Jonathan Gaza Gbefwi, issued the warning at an investigative hearing into the activities of mining companies in the country on Thursday.

Gbefwi particularly ordered Arab Contractors and Omatek to either present all relevant documents authorising their quarry operations or shut down immediately.

The lawmaker expressed displeasure that several quarry operators had refused to honour the Committee’s invitations, describing their actions as a flagrant disregard for the laws of the land.

You May Like

Lagos NURTW Member Arraigned Over Alleged Murder Of Dispatch Rider

ARISE News Maduagwu’s Death Painful, Unfortunate

“It is unacceptable for companies to operate within Nigeria while disobeying extant laws and ignoring legislative oversight,” he said.

The lawmaker said an oversight visit by the Committee to several quarry sites in the Federal Capital Territory exposed a deplorable state of affairs, particularly the failure of companies to fulfill their community development obligations.
He further disclosed that only technical staff reside in Nigeria in some visited companies, while their managing directors and senior executives, mostly foreign nationals, particularly from China, remain in their home countries.

“We welcome foreign investment in Nigeria, but we will not tolerate a situation where host communities are subjected to inhumane conditions and denied the benefits promised under signed agreements,” Gbefwi noted.

He further stated that Arab Contractors were found to be operating an illegal quarry site without securing the required approvals from relevant authorities.

The lawmaker warned that, beyond recommending the suspension of operational licenses for defaulting firms, the Committee may be compelled to push for the outright revocation of such licenses.

Tags: Reps Threaten To Revoke Licences Of Defaulting Quarry Operators
ShareTweetShare
Previous Post

AfDB: Tinubu Hails Sidi Tah’s Election, Reaffirms Nigeria’s Commitment

Next Post

Adesina Set Unmatched Record At AfDB — Buhari

ANOTHER GOOD READ

Lagos NURTW Member Arraigned Over Alleged Murder Of Dispatch Rider
News

Lagos NURTW Member Arraigned Over Alleged Murder Of Dispatch Rider

31 minutes ago
ARISE News Maduagwu’s Death Painful, Unfortunate
News

ARISE News Maduagwu’s Death Painful, Unfortunate

40 minutes ago
Africa’s Financial Future Will Be Decided Locally – Moniepoint
News

Africa’s Financial Future Will Be Decided Locally – Moniepoint

8 hours ago
Yuan Weakens To 7.1418 Per Dollar Amid Market Shifts
News

Yuan Strengthens To 7.1089 Against Dollar

8 hours ago
Police Academy Screening For 12th Regular Course Begins October 6
News

Police Academy Screening For 12th Regular Course Begins October 6

11 hours ago
Nigeria Re-elected Into ICAO Council With Strong Global Support
News

Nigeria Re-elected Into ICAO Council With Strong Global Support

11 hours ago
Next Post
Adesina Set Unmatched Record At AfDB — Buhari

Adesina Set Unmatched Record At AfDB — Buhari

Most Recent

Manufacturers Expect Further Lending Rate Cuts Following CBN’s 50bps MPR Reduction

Manufacturers Expect Further Lending Rate Cuts Following CBN’s 50bps MPR Reduction

September 30, 2025
PoS Terminal Prices Surge 30%–100% Across Nigeria

PoS Terminal Prices Surge 30%–100% Across Nigeria

September 30, 2025
NAFDAC Destroys N10bn Worth Of Substandard Products In North-East

NAFDAC Bans 101 Pharmaceutical Products In Nigeria Over Safety Concerns

September 30, 2025
Lagos NURTW Member Arraigned Over Alleged Murder Of Dispatch Rider

Lagos NURTW Member Arraigned Over Alleged Murder Of Dispatch Rider

September 30, 2025
“ECOWAS Commends Customs Over B’Odogwu” Innovation, Increased Revenue Generation

ECOWAS Donates N26m In Support Of Children Affected By Armed Conflict In Plateau

September 30, 2025
ARISE News Maduagwu’s Death Painful, Unfortunate

ARISE News Maduagwu’s Death Painful, Unfortunate

September 30, 2025

US Judge Blocks Trump’s Mass Layoff Of VOA Staff

September 30, 2025
Only 2 States Generated Enough Revenue To Cover Expenses–BudgIT

Edo Approves Revised Supplementary Budget Of N799bn For 2025

September 30, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy