Reps seek stronger reforms to tackle illegal mining, money laundering in extractive sector

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Nigeria's House of Representatives is pushing for stronger reforms to combat illegal mining, money laundering, and insecurity in the extractive sector, emphasizing the loss of revenue and national security risks. The committee chair highlighted the urgent need for regulatory measures to address these challenges.

By Gift ChapiOdekina, Abuja ABUJA — The House of Representatives has intensified efforts to tackle illegal mining, insecurity and illicit financial flows in Nigeria’s extractive sector, warning that unchecked exploitation of mineral resources is depriving the country of huge revenues and threatening national security. Chairman of the House Ad Hoc Committee on Mineral Exploitation, Security […] The post Reps seek stronger reforms to tackle illegal mining, money laundering in extractive sector appeared first on Vanguard News.