File: House of Representatives
The House of Representatives Ad Hoc Committee on Mineral Exploitation, Security and Anti-Money Laundering has warned that illegal mining is fuelling insecurity, money laundering and revenue losses across Nigeria.
Chairman of the committee, Sanni Abdulraheem, raised the alarm on Monday at a high-level stakeholders’ workshop on extractive industry governance in Abuja.
He said criminal networks were exploiting the country’s mineral resources through illegal mining, weak regulatory enforcement and illicit financial flows, depriving Nigeria of the economic benefits of its vast mineral wealth.
“Nigeria is blessed. Few nations on earth carry the range and richness of mineral deposits that lie across our states—gold, lithium, tin, coal, tantalite, and many more.
