OPAY AD
ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • PT Jobs
  • Advert Rates
  • Contact Us
  • Digital Store
Friday, July 18, 2025
Premium Times Nigeria
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Blood on Uniforms
    lithium rush gets off to rocky start

    Nigeria’s push to cash in on lithium rush gets off to rocky start

    A CNG-converted bus

    INVESTIGATION: Black market diversions, conflict of interest threaten Tinubu’s CNG initiative

    Former president Buhari

    EXCLUSIVE: Ex-President Buhari is ill, hospitalised abroad

    Kwara State map

    SPECIAL REPORT: Farmers feeling the brunt as kidnappers lay siege to Kwara communities

    Insecurity, other factors threaten Africa’s ambitious Great Green Wall

    Consumed by Terror: Insecurity, other factors threaten Africa’s ambitious Great Green Wall (II)

    Ramin Kura IDP camp

    No Place To Call Home: Lost childhoods of Sokoto’s displaced children

    A farmer tending a young plant on a dune stabilisation site in Nguel Borno, Niger Republic.

    Consumed by Terror: Africa’s ambitious Great Green Wall faces crucial threat (1)

    The floodgate_ The 29 May flooding broke this train dyke and sent terror through Mokwa town, claiming lives, properties and displacing thousands

    How deforestation aided Mokwa floods that killed over 200, displaced 3,000 others

    An unnamed man discussing with his pregnant wife after their routine excercise at the Alimosho General Hospital, Lagos Photo credit: Oluwakemi Adelagun-Olaoti

    Supporting Dads: Flexible jobs help Nigerian men attend antenatal care

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Azu Ishiekwene writes about Muhammadu Buhari and his legacy.

    Musings on Muhammadu Buhari, By Azu Ishiekwene

    Surveillance, safety, and the silencing of truth, By Angela Quintal

    Surveillance, safety, and the silencing of truth, By Angela Quintal

    Bolutife Oluwadele writes about tax reforms in Nigeria.

    Bridging the gaps in policies ands implementation: Nigeria’s new tax laws, By Bolutife Oluwadele

    Mide Alabi wrote about the failure of JAMB in the last UTME.

    Lagos State has a housing problem – here’s how to fix it, By ‘Mide Alabi

    Tope Fasua writes that corruption should never define us in Nigeria.

    On Farooq Kperogi and the remuneration of professors in Japan, By ‘Tope Fasua

    Ahmed Aminu-Ramatu Yusuf writes about the struggle for June 12.

    Count the West out of democracy and development in Africa, By Ahmed Aminu-Ramatu Yusuf

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • Non AAMS
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Blood on Uniforms
    lithium rush gets off to rocky start

    Nigeria’s push to cash in on lithium rush gets off to rocky start

    A CNG-converted bus

    INVESTIGATION: Black market diversions, conflict of interest threaten Tinubu’s CNG initiative

    Former president Buhari

    EXCLUSIVE: Ex-President Buhari is ill, hospitalised abroad

    Kwara State map

    SPECIAL REPORT: Farmers feeling the brunt as kidnappers lay siege to Kwara communities

    Insecurity, other factors threaten Africa’s ambitious Great Green Wall

    Consumed by Terror: Insecurity, other factors threaten Africa’s ambitious Great Green Wall (II)

    Ramin Kura IDP camp

    No Place To Call Home: Lost childhoods of Sokoto’s displaced children

    A farmer tending a young plant on a dune stabilisation site in Nguel Borno, Niger Republic.

    Consumed by Terror: Africa’s ambitious Great Green Wall faces crucial threat (1)

    The floodgate_ The 29 May flooding broke this train dyke and sent terror through Mokwa town, claiming lives, properties and displacing thousands

    How deforestation aided Mokwa floods that killed over 200, displaced 3,000 others

    An unnamed man discussing with his pregnant wife after their routine excercise at the Alimosho General Hospital, Lagos Photo credit: Oluwakemi Adelagun-Olaoti

    Supporting Dads: Flexible jobs help Nigerian men attend antenatal care

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Azu Ishiekwene writes about Muhammadu Buhari and his legacy.

    Musings on Muhammadu Buhari, By Azu Ishiekwene

    Surveillance, safety, and the silencing of truth, By Angela Quintal

    Surveillance, safety, and the silencing of truth, By Angela Quintal

    Bolutife Oluwadele writes about tax reforms in Nigeria.

    Bridging the gaps in policies ands implementation: Nigeria’s new tax laws, By Bolutife Oluwadele

    Mide Alabi wrote about the failure of JAMB in the last UTME.

    Lagos State has a housing problem – here’s how to fix it, By ‘Mide Alabi

    Tope Fasua writes that corruption should never define us in Nigeria.

    On Farooq Kperogi and the remuneration of professors in Japan, By ‘Tope Fasua

    Ahmed Aminu-Ramatu Yusuf writes about the struggle for June 12.

    Count the West out of democracy and development in Africa, By Ahmed Aminu-Ramatu Yusuf

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • Non AAMS
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
Minister of Solid Minerals Development, Dele Alake [PHOTO CREDIT: @AlakeDele]

Minister of Solid Minerals Development, Dele Alake [PHOTO CREDIT: @AlakeDele]

UPDATED: NASS panel summons budget minister, director over insufficient allocation of funds to solid minerals ministry

The Minister of Solid Minerals had told the committee that he lobbied the budget minister and the budget office to increase the allocation to the ministry.

byAbdulqudus Ogundapo
January 20, 2025
Reading Time: 3 mins read
0

The National Assembly Joint Committee on Solid Minerals has invited the Minister of Finance, Wale Edun, and his Budget and Economic Planning counterpart, Atiku Bagudu, to appear before it over inadequate budgetary allocation to the Federal Ministry of Solid Minerals Development.

Chairman of the committee, Ekong Samson, announced the invitation when the Minister of Solid Minerals Development, Dele Alake, appeared before it to defend the allocation to the ministry in the 2025 budget on Monday.

Mr Alake had told the committee that he lobbied the budget minister and the Director-General of the Budget Office of the Federation, Tanimu Yakubu, to increase the allocation to the ministry.

Director-General of the Budget Office of the Federation, Tanimu Yakubu
Director-General of the Budget Office of the Federation, Tanimu Yakubu

He said when he noticed that the initial budget envelope for his ministry was N5 billion, he immediately engaged with key government officials, including the Minister of Budget and Economic Planning, Atiku Bagudu, and the Director-General of the Budget Office of the Federation, Tanimu Yakubu.

“In fact, to let you know, the envelope we first received was N5 billion. I don’t know if you are aware of that. It was N5 billion.

“The permanent secretary is here, and the night before the president came here when we were working on the rehearsal of the budget speech, the Director of Budget came in, and the Minister of Budget and I took them up in the presence of the president. And what did they do? They promised that it would be done. So, again the following day, after the president’s presentation, we found N9 billion”, he narrated.

Audience Feedback Survey

The minister said even after getting a positive response from the president, he intensified his efforts to get additional allocation, but all his efforts were unproductive.

Article Page with Financial Support Promotion

Nigerians need credible journalism. Help us report it.

Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.

Help us maintain free and accessible news for all with a small donation.

Every contribution guarantees that we can keep delivering important stories —no paywalls, just quality journalism.

“There is no way that I can begin to tell you, except I have videos that I can show you of the several engagements that we had with the relevant budgetary authorities and individuals driving this process, and at every turn, we received very positive responses.

“Now, distinguished Senators and Honourable Members, when we have received very positive responses from those who are saddled with the responsibility of putting our budgets together, what else could we have done? There was no way we would rig their hands, and I don’t have the authority to compute the figures myself.”

Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You.

Open in WhatsApp

Tinubu committed to solid minerals and diversification

When asked why his close relationship with President Tinubu did not translate to securing a more significant budget increase, Mr Alake explained that not everything he discussed with the president could be made public.

President Bola Tinubu (PHOTO CREDIT: Presidency)
President Bola Tinubu (PHOTO CREDIT: Presidency)

“Many members here have rightly noted that yes, my relationship with the president should be counted upon, I agree in-toto but there are several things that cannot be said in the open. I cannot be divulging the conversations I have had with the president on this issue in the open,” he said.

The minister emphasised that Mr Tinubu is passionate about diversifying the economy, a cornerstone of his administration’s Renewed Hope Agenda.

“I am a manager of information, and I have done that for over 40 years, and I know how delicate information is. So, I give information on the-need-to-know basis or in private. So in short, the president is not unaware of our strides in the solid minerals’ sector.

“Every minute I am with him, apart from other issues that we discuss, or the assignments that he gives to me, I draw tales of solid minerals and we discuss all ratifications.”

He also told lawmakers that Mr Tinubu knows the funding challenges facing the solid minerals sector and that the president is committed to growing the industry.

“I want to also emphasise or maybe remind distinguished senators and honourable members that if the president were not in tune or in sync with our vision, the diversification of the economy away from oil would not be a critical part of his programme of Renewed Hope Agenda. It wouldn’t be. He coined it, he carved it.

“So, I want us to understand the fact that it is not because the president has not been intimated of the need for upward review that we are having this situation, not at all, and this is not to absolve the president of anything. I am just laying bare the facts,” the minister said.

Lawmakers express disappointment over inadequate budget allocation

Despite Mr Alake’s lobbying efforts, several members of the Senate Committee on Solid Minerals expressed surprise that a government committed to economic diversification did not allocate enough funds in the budget to one of the most viable non-oil sectors.

Mr Samson noted that in other countries, solid minerals are the backbone of their economies, with substantial annual funding provisions for sectoral development.

“We have seen how some economies are being managed. If we don’t invest in solid minerals, how do we diversify our economy? We have to diversify, and we must do it masterfully.”

Summon

Mr Samson then directed the minister of finance, minister of budget, and the director-general of the budget office to appear before the committee members to explain the reasons for not allocating enough funds for the Solid Minerals ministry.

“So, those concerned (Edun, Bagudu, Yakubu) have to appear before the joint committees to give us clear insights on what they intend to do,” he said.

Also, the Chairman of the House Committee on Solid Minerals, Gaza Jonathan, argued that the Nigerian government is unprepared for economic diversification.

In response to the lawmakers’ concerns, the committee thereafter suspended the budget defence session, scheduling it for Tuesday to allow the invited ministers to appear to provide further clarifications on the allocation.

Share this:

  • Twitter
  • Facebook
  • WhatsApp
  • Telegram
  • LinkedIn
  • Email
  • Print


Support PREMIUM TIMES' journalism of integrity and credibility

At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.

Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.

It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.

Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news? 

Make Contribution



TEXT AD: Call Willie - +2348098788999






PT Mag Campaign AD

Previous Post

Trump sworn in as president, says US will recognise only two genders

Next Post

NPFL unveils Prostar Sports as official match ball

Abdulqudus Ogundapo

Abdulqudus Ogundapo

More News

Nigeria's Super Falcons Credit CAF Media

Nigeria vs Zambia (PREVIEW): Super Falcons, Copper Queens set for WAFCON quarterfinal clash

July 18, 2025
University of Maiduguri gate

Mixed reactions trail proposed renaming of University of Maiduguri after Buhari

July 18, 2025
Officers of the Nigeria Police Force [PHOTO: X @PoliceNG]

Five arrested as police kill suspected kidnapper, recover N10 million ransom

July 18, 2025
President Bola Tinubu celebrates his friend and ally, former President Muhammadu Buhari

Tinubu, Akpabio eulogise Buhari at special FEC meeting

July 17, 2025
President Bola Ahmed Tinubu (Photo Credit: Guardian Newspaper)

Tinubu renames Nigerian university after late President Buhari

July 17, 2025
US President Donald Trump

US senators move to exempt global HIV/AIDS funding from Trump spending cuts

July 17, 2025
Leave Comment

  • About Us
  • Contact Us

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game

Projects & Partnerships

  • AUN-PT Data Hub
  • #EndSARS Dashboard
  • Parliament Watch
  • Panama Papers
  • AGAHRIN
  • #PandoraPapers
  • #ParadisePapers
  • #SuisseSecrets
  • Our Digital Network
  • About Us
  • Contact Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2025 The Premium Times, Nigeria

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

Add New Playlist

  • Home
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential & NASS
    • Gubernatorial & State House
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • Gender
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Trade Insights
    • Business Specials
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • Non AAMS
  • #EndSARS Dashboard
  • AUN-PT Data Hub
  • Projects
    • Panama Papers
    • Paradise Papers
    • SuisseSecrets
    • Parliament Watch
    • AGAHRIN
  • Opinion
    • Editorial
  • PT Hausa
  • The Membership Club
  • DONATE
  • About Us
  • Dubawa NG
  • Advert Rates
  • PT Jobs
  • Digital Store
  • Contact Us

All content is Copyrighted © 2025 The Premium Times, Nigeria