The Digital Black Market: Nigeria’s illicit lithium trade uncovered

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 119 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Posing as a buyer, our reporter interacted with some of the online traders and traced them to Kwara and Nasarawa states.

All Roar and No Bite: Exposing Nigeria’s Paper Tiger Election LawsJude Ilo: Lighting the good fires of change, By Kate HenshawHow Africa is paying for pursuit of the last Hamas, By Azu IshiekweneDeluge of Death: Flood leaves Nigerian community in ruinsHow Ukraine’s Superhuman Centre is helping war heroes walk againPlumbing the depths of the Dangote vs NNPCL’s imbroglio, By Danladi UmarFrom Boko Haram to Hezbollah: Lessons for Nigeria in the wake of Israeli attacks, By Cheta...

He then panned the camera to show his warehouse among some locked shops in a marketplace where such materials are openly sold in Bani, a restive lithium trading community straddling Oyo and Kwara states. Mr Usman said some labourers who dug the pits and “bring out the materials” have moved elsewhere, “making our market slow down.”He would later give our reporter some samples of lithium varieties — lepidolite and kunzite — asking him to take them for a laboratory analysis “to determine the quality” before buying them in bulk.

PREMIUM TIMES’ findings showed that a lot of the minerals sold in Bani are illegally sourced from a forest between Igbeti and Soro villages around the Old Oyo National Park bordering Kwara State.Illegal mining and trading of lithium and other minerals is a multimillion-dollar business in Bani. “We don’t go to the site in Nasarawan Toto for security reasons,” Mr Dakata explained when asked if he could take our reporter to the mining site. “The labourers and the villagers transport the materials to us and we buy, sort them, and store them in the warehouse.”

“A truck conveying the materials from Bani to Shagamu would charge N1.5 million,” he said, adding that those who load the materials would charge N5,000 per tonne. The Taiwanese did not respond to questions when contacted via his WhatsApp line. He subsequently blocked our reporter from reaching him.Several traders in Bani told our reporter that there are revenues each truck leaving the lithium market would pay to the governments of Kwara and Oyo states. According to them, no receipts were issued for these revenues.

“If you are going to Ogbomoso through Igbeti Road, you’ll be given two passes. You will give one to forest guards and the other one to civil defense officers before getting to Ogbomoso,” he explained. According to Mr Jonathan, truck drivers may need to pay up to N300,000 in bribes to highway security officers, depending on the route they take.

Mr Abolore and his colleagues said they could only offer explanations if our reporter could physically meet them. They said PREMIUM TIMES will also write to the ministry before the meeting. That same day, the commissioner, during an inter-ministerial briefing in Ilorin, the capital of Kwara State, disclosed that the state government is investigating revenue diversion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Phased demolition of Ekeoha market in Aba Abia State beginsThe phased demolition of the Ekeoha market in Aba, popularly known as the Shopping centre has commenced, in preparation for the Abia State government's remodelling project.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Nigerian Govt blames latest fuel price hike on market forcesThe Nigerian Government has said the decision of the Nigerian National Petroleum Company Limited, NNPCL, to increase petrol price to N1,030 per liter is based on economic realities. The Minister of Information and National Orientation, Mohammed Idris said this on Thursday.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

JUST IN: FG Discovers Why Goods Are Expensive in the Market, Makes Fresh CommitmentA Trusted Nigerian Newspaper
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »