Reps seek stronger reforms to tackle illegal mining, money laundering in extractive sector
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.
Abdulraheem said the committee was constituted to investigate the scale of illegal mineral exploitation, trace illicit financial flows linked to the sector, assess security challenges in mining communities and recommend legislative and administrative reforms.
The lawmaker also urged the Nigeria Security and Civil Defence Corps (NSCDC), Mining Marshals, Nigerian Financial Intelligence Unit (NFIU) and Economic and Financial Crimes Commission (EFCC) to improve collaboration in tackling illegal mining and tracing illicit transactions.
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