• Fayemi Didn’t Compensate Akeredolu With N1bn To Assign His Wife SSG – Aketi Group

    Fayemi Didn’t Compensate Akeredolu With N1bn To Assign His Wife SSG – Aketi Group

    Rotimi Akeredolu campaign organisation has debunked an online publication by WAZOBIAREPORTERS, accusing  the minister of Mines and Steel Development, Dr Kayode Fayemi, offer  N1 billion to Ondo governor-elect, Rotimi Akeredolu, to appoint his wife, Erelu Bisi Fayemi, as the Secretary to the State Government (SSG) in Ondo State.

    In a statement by Akeredolu’s media adviser, Yemi Olowolabi, to the governor-elect said the quality of the allegation represented the stream of earlier ones being launched in Ekiti State against former Governor Kayode […]

  • Fayose’s aides get seven-day ultimatum to retract libelous statements against Fayemi

    Fayose’s aides get seven-day ultimatum to retract libelous statements against Fayemi

    Former Governor of Ekiti State and Minister of Mines and Steel Development, Dr. Kayode Fayemi, has given a seven-day ultimatum to a member of Ekiti State House of Assembly, Dr Samuel Omotoso; and the Special Assistant on New Media and Public Communications to Governor Ayodele Fayose of Ekiti State, Lere Olayinka, to retract libelous statements against him on a live television programme aired on the state television on July 6, 2016.

    In a letter on behalf of the Minister from the […]

  • FG approves release of N30bn intervention fund for solid minerals – Fayemi

    FG approves release of N30bn intervention fund for solid minerals – Fayemi

    According to reports, the Minister of Mines and Solid Minerals Development, Dr. Kayode Fayemi, said on Tuesday in Abuja that the Federal Government had approved the release N30 billion intervention fund for molid Minerals development.

    Fayemi disclosed this at the fifth Extractive Industries Conference held by CSR-in-Action.

    The theme of the event was: “Revisiting the Nigerian Economy beyond Oil: Prospects for a thriving Export-Driving Extractive Sector.”

    The minister, represented by Prof. Okey Onyejekwu, his Senior Special Adviser, said the fund would be used […]

  • Ajaokuta, Itakpe concession to generate revenue for Nigeria, says Fayemi

    Ajaokuta, Itakpe concession to generate revenue for Nigeria, says Fayemi

    Dr Kayode Fayemi, Minister of Mines and Steel Development says Ajaokuta and Itakpe modification concession will form the proposed economic resources corridor for Nigeria.

    Fayemi announced this during a two day workshop on Policy and Capacity Building for a Successful and Sustainable Mining Sector, on Monday in Abuja.

    The workshop was organised by the ministry in collaboration with the Australian High Commission.

    The Minister, who was represented by Alhaji Mohammed Abbas, Permanent Secretary in the ministry, said that President Muhammadu Buhari was committed […]

  • You can’t distract me – Fayemi tells Ekiti lawmakers

    You can’t distract me – Fayemi tells Ekiti lawmakers

    According to reports, the Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said he would not be distracted by the childish and ridiculous allegations of fraud levelled against his administration in Ekiti State by the State House of Assembly.

    Fayemi, who reacted to the petition submitted by the state Assembly to the Economic and Financial Crimes Commission alleging the misappropriation of N40 billion under his watch as governor of the state, said the lawmakers’ claims are not only baseless, […]

  • Ekiti Assembly drags Fayemi, others to EFCC over alleged N40bn fraud

    Ekiti Assembly drags Fayemi, others to EFCC over alleged N40bn fraud

    According to reports, the Ekiti State House of Assembly has accused the immediate past governor of the state and Minister of Solid Minerals, Kayode Fayemi of allegedly looting about N40bn from the state’s treasury.

    The allegation was contained in a petition the state House of Assembly submitted to the Economic and Financial Crimes Commission, EFCC, on Thursday in Abuja.

    The petition dated October 24 2016 and signed by the Speaker of the House of Assembly, Pastor Kolawole Oluwawole, called on the anti-graft […]

  • Buhari’s government has not awarded licences for coal mining – Fayemi

    Buhari’s government has not awarded licences for coal mining – Fayemi

    Mr Kayode Fayemi, Minister of Mines and Steel Development, said that licences for mining of coal for power generation had not been awarded since the emergence of the current administration.

    Fayomi said this at a stakeholders and press meeting on pre-Sustainability in the Extractive Industries (SITEI) at the ministry on Wednesday in Abuja.

    The minister was represented by Mr. Egghead Odewale, Technical Adviser/Chief of Staff of the Minister.

    He said the Federal Government had stated that coal mining licences would be issued only […]

  • Nigeria spends $3.3bn on steel imports – Fayemi

    Nigeria spends $3.3bn on steel imports – Fayemi

    Minister of Solid Minerals, Dr. Kayode Fayemi, has disclosed that the federal government, as one of its major planks for economic diversification, was working on re-positioning the solid minerals sector by bringing in capable investors to invest in different aspects of mining.

    “We have a crisis of abundance in Nigeria when it comes to mining. We are a mineral-rich nation, but not a mining nation. It is this that we want to change. It is not enough to know that we […]

  • Return Fayemi’s N1.5bn donation to your campaign – Ekiti PDP tells Buhari

    Return Fayemi’s N1.5bn donation to your campaign – Ekiti PDP tells Buhari

    According to reports, the Peoples Democratic Party (PDP) in Ekiti State has told President Mohammadu Buhari to return the N1.5 billion of the State money donated to fund his election by former governor of the State, Dr Kayode Fayemi.

    The party said “equity and justice demand that Buhari should return what he got from Ekiti State treasury through Fayemi, if he is running after those who allegedly got money from the Office of the National Security Adviser (ONSA).

    A statement issued by […]

  • How we’ll grow Nigeria’s steel sector – Fayemi explains

    How we’ll grow Nigeria’s steel sector – Fayemi explains

    To fund the infrastructure needs of its growing economy over the next 30 years, Nigeria would spend about USD 3 trillion.

    Minister of Solid Minerals Development, Dr Kayode Fayemi, disclosed this on Thursday in London, United Kingdom, at a business forum organised by the Royal African Society.

    Quoting a recent report by the National Integrated Infrastructure Master Plan, he said Nigeria’s current core infrastructure stocks gap, based on international benchmarks, is estimated at USD 80 billion.

    Fayemi who presented a keynote address titled: […]