“Northern senators remain silent as Oshiomole sounds alarm on politicians linked to illegal gold mining”

Amid growing concerns over illegal gold mining activities in the Northern region, Northern senators have maintained a blatant silence. This pressing issue was brought to the spotlight by Osole, a prominent personality, who highlighted the dire consequences of these illegal operations during a recent speech.

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Osole’s assertion was clear: “Currently, illegal gold mining is rampant and profits are being taken out of the country. This illicit wealth is used to undermine our political and security systems. His frustration was palpable as he questioned the silence and inaction of northern senators, highlighting the significant impact of these activities on their constituencies.

Highlighting this alarming trend, Osole referred to reports dating back to President Buhari’s tenure, revealing the transportation of illegally mined gold via private jets to Dubai for substantial profits. This rampant exploitation not only deprives Nigeria of valuable resources, but also fuels insecurity in the North. Osole did not mince his words in asserting that some politicians profit from these activities, thus explaining their reluctance to address the issue.

Despite the deafening silence from northern representatives, Osole and concerned citizens mobilized for stricter regulations. They say the lack of regulatory oversight in gold mining is directly linked to 70-75% of insecurity in Nigeria. Calling for immediate action, Osole stressed the need for comprehensive legislation, including stringent punishment for illegal miners, to safeguard national assets and restore law and order.

Backing the call for regulation, some senators say a well-structured gold industry could significantly increase Nigeria’s revenues and diversify its economy. They advocate for the protection and use of the country’s abundant gold resources for the benefit of the nation.

The ongoing debate in the Senate over a new bill to regulate gold mining highlights these concerns. The proposed legislation aims to establish a legal and institutional framework to manage gold reserves, improve the value of the country’s currency and protect against inflation. Enjoying the support of several senators, the bill is seen as a crucial step towards stabilizing Nigeria’s economy and strengthening its global economic position.

In summary, the silence of northern senators on the issue of illegal gold mining has aroused concern and criticism. Proponents of change are calling for immediate and robust regulatory measures to combat illegal mining, safeguard national resources and strengthen Nigeria’s economic stability. As Naija247news continues to monitor developments, the urgency for action remains paramount to address this pressing issue.