Business
Private Jets Used For Gold Smuggling, Minister Says
The Minister of State for Mines and Steel Development, Dr Uche Ogah, has said private jets are being used for gold smuggling in Nigeria.
Ogah stated this at an investigative hearing on $9 billion annual loss to illegal mining and smuggling of gold, organised by the Senate Committee on Solid Minerals, Mines, Steel Development and Metallurgy.
He also advocated capital punishment for offenders.
“Gold smuggling in Nigeria is often done using private jets, the very reason why private jets ownership and operations need to be streamlined in the country,” he said.
He said gold smuggling and illegal mining are robbing the country of billions of dollars on a yearly basis.
According to him, the menace thrives due to the connivance of security agencies with the offenders, host communities’ collaboration, low level of application of technology and negative mindsets of Nigerians to Nigeria.
“For these crimes to be fought decisively, potent punitive measures like capital punishment need to be legally provided for,” he said.
He added that the menace could be tackled proactively through the establishment of mines police, special court or tribunals to try offenders, adequate funding for the ministry and positive mindsets of Nigerians to Nigeria.
The chairman of the committee, Senator Tanko Al-Makura (APC, Nasarawa), said heads of relevant government agencies would be summoned for a thorough investigation into illegal mining and gold smuggling.
He listed the agencies to include: Central Bank of Nigeria (CBN), Nigeria Customs Service (NCS), Nigeria Immigration Service (NIS), Nigeria Police Force, Department of State Services (DSS), Economic and Financial Crimes Commission (EFCC) and Nigerian Ports Authority (NPA).
-
Sports5 days ago
FA Cup: Man Utd suffer fresh triple injury blow ahead Coventry clash
-
Business5 days ago
I met N13bn IGR per month but we are now seeing N27bn – Fubara
-
News5 days ago
Despite Apology, ABU Zaria Final-Year Law Student Arrested For Defaming Police Officer On Facebook
-
Politics5 days ago
SERAP To Govs, Wike: Account For Trillions Of FAAC Allocations
-
News3 days ago
Court orders Becky Buodeigha alias Becky Minaj, CEO of BM Secrets to pay Baraza N7m
-
Politics5 days ago
‘Ondo APC Guber Primary Result already written’ — Aspirant cries out, demands postponement
-
Business5 days ago
Invest in Bayelsa, Governor Diri tells Elders, leaders of the state
-
Politics3 days ago
EFCC: I am Ready to Appear in Court But Afraid of Arrest – Yahaya Bello