The Federal Government has alleged that an embattled mining company, Jupiter Ltd, is planning what it described as a “campaign of calumny” against Nigeria during the planned state visit of President Bola Tinubu to the United Kingdom. Tomori stated that Basin Mining Ltd lost its mineral titles after failing to pay statutory annual service fees amounting to N2.494bn for the 2024 and 2025 fiscal years. It further alleged that Davis had interests in several mining companies operating in Nigeria, including Comet Minerals Ltd, Basin Mining Ltd, Range Mining Ltd, Northern Numero Ltd, Sunrise Minerals Ltd and Iron Ore Mining Ltd. According to the government, such arrangements are often used by speculators to acquire mineral titles without undertaking actual mining operations. The ministry said the practice had contributed to the problem of dormant mining licences and illegal mining activities in the country.

Source: Punch March 15, 2026 16:05 UTC