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Mar 31 • 4 tweets • 3 min read
34th #StateHouseBriefing, by Arc Olamilekan Adegbite, Minister @fmmsdngr, starting now.

Livestream:
Highlights from the Minister’s Presentation:

Nigeria has 44 identified minerals in more than 500 locations across the country

2016 @fmmsdngr Roadmap designated 7 of these as ‘strategic’ minerals: Coal, Iron Ore, Bitumen, Gold, Limestone, Lead-Zinc, Barite.

#StateHouseBriefing
HM @fmmsdngr: We have granted Licenses to 3 companies to build gold refineries in Nigeria, and 1 of these companies will also build a modern Mineral Buying Center.

Today, large-scale gold production has commenced in Nigeria, in Osun State
#DidYouKnow

@fmmsdngr developing Mining-related clusters in the 6 geopolitical zones:

1. Gold Souk in Kano
2. Kaolin-processing plant in Bauchi
3. Gemstone market in Ibadan
4. Lead-smelting plant in Ebonyi
5. Barite-processing plant in C/River
6. Gold-smelting plant in Kogi

• • •

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More from @toluogunlesi

tolu ogunlesi Profile picture
Apr 1
In a presidential democracy like ours, there’ll really only ever be room for two (max three) MAIN parties. Of course there’s room for an unlimited number of parties, but the significant ones at any point in time won’t be more than 2 or 3.

Know this and know peace.
Good to see all the fringe party people gravitating back towards mainstream

Bob Dee joined PDP, Banky too has joined PDP. Eunice A in APC

Even Madam Oby decided to pitch her tent with APGA, the ruling party in Anambra

No point wasting time on what won’t make the slightest dent
If you think Nigeria’s large parties are dysfunctional, then you haven’t met the fringe ones lmao. They’re actually worse—because on top of everything, amateurishness

Remember what happened to the ‘PACT’ in 2018, how they scattered?

Remember what ACPN did to Madam Oby in 2018? ImageImageImage
Read 10 tweets
tolu ogunlesi Profile picture
Apr 1
Stop lying. Every dead company on this list died pre-2015.

In fact, ANAMMCO and PAN have come back to life since 2015, and Oshogbo Steel Mill pensioners have started receiving pensions denied them by PDP.

Not surprising you have the audacity to bring this nonsense here
#Thread
PAN has been reborn as a JV between Dangote Group and Peugeot, their brand new factory in Kaduna has just been completed and started assembling cars this year 2022. Factory will be commissioned soon. dailytrust.com/as-dangote-peu…
ANAMMCO has been revived under PMB:

As of 2020, “Dangote Group has in the last five years invested over N63 billion in the South East with the purchase of over 3,500 units of locally assembled Shacman trucks at the production plant of ANAMMCO, Enugu.” premiumtimesng.com/business/37892…
Read 4 tweets
tolu ogunlesi Profile picture
Mar 31
Press Briefing by the visiting President

President @mohamedbazoum: I want to thank President Buhari for the hospitality & warm reception. I’m happy to be here for discussions on security &economic issues that are of mutual concern & benefit to our countries.

#AsoVillaToday 🇳🇬🇳🇪
Pres. Bazoum: My visit coincides with a major joint MNJTF operation in Lake Chad region against terrorists. As you know MNJTF operations are funded almost entirely by Nigeria. I want to reiterate my thanks to PMB whose support is ensuring this operation will be very successful.
President Bazoum: I must commend the efforts of the Zamfara Governor @Bellomatawalle1 in the fight against banditry in Northwestern Nigeria.
Read 4 tweets
tolu ogunlesi Profile picture
Mar 25
Attending the @OfficialAPCNg Pre-Convention Policy Conference, on “Consolidating Democratic Change.”

Governors @kfayemi, @ProfZulum, Bagudu (Chair PGF) and Minister of Finance @ZShamsuna on the current Panel.

Former DG, PGF, Salihu Lukman moderating. #APCNationalConvention
I’ll try and livetweet using #APCPolicy22 as hashtag.
Minister @FinMinNigeria @ZShamsuna now speaking. #APCPolicy22
Read 24 tweets
tolu ogunlesi Profile picture
Mar 24
Nigerian ‘analysts’ will take the cost of a road or railway & divide by length & jump to ridiculous conclusions. Without accounting for number of lanes/tracks, topography, compensation, accompanying infra (bridges), etc.

It’s a very illiterate thing to do. Stop it!

#Thread
Look at the Abuja-Kaduna Rail vs the Lagos Ibadan Rail, for example.

ABJKD = 186km of SINGLE track.

LAGIB = 158km of DOUBLE track = 158 X 2 for actual (main) track length = >300km.

Surely common sense should tell you to factor all these in before comparing relative costs?
Also, for example, its a given that, on ‘like for like’ basis, road projects in the swampy terrains of the Niger Delta tend to cost more than in drier terrain of the North.

Read Julius Berger’ notes about building the Bodo-Bonny Bridges/Road - “the most difficult of terrains…”
Read 8 tweets
tolu ogunlesi Profile picture
Mar 24
Cost of Pres. @MBuhari’s #PIDFund projects:

1. Abuja-Kaduna-Zaria-Kano Expressway (375km): 797 Billion Naira

2. Second Niger Bridge (11.59km): 206 Billion Naira

3. Lagos-Ibadan Expressway (127km): 310 Billion Naira

Total: 1.3 TRILLION NAIRA

#StateHouseBriefing #GovtAtWorkNG
When will the #PIDFund projects be completed?

According to BRF:

Lagos Ibadan Exp and Second Niger Bridge on course to be completed this year 2022.

Main Carriageway of Abuja-Kaduna-Zaria-Kano Exp scheduled for completion by Q2 2023; Ancillary works will be completed later.
Infrastructure = Jobs, Economic Growth, Investment.
Read 7 tweets

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