The Lagosian

 The federal government of Nigeria will only issue new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed on Thursday. This signals a shift from Nigeria's decades-old policy of exporting raw materials as African governments take steps to extract more value from their solid mineral deposits. To spur investment, Nigeria will offer investors incentives including tax waivers for importing mining equipment, make it easier to secure electricity generation licences, allow full repatriation of profits and boost security, Segun Tomori, a spokesperson for Nigeria's minister of solid minerals development said. "In exchange, we have to review their plans for setting up a plant and how they would add value to the Nigerian economy," Tomori said. He did not say when the guidelines would be finalised or come into effect. However, last week the minister of so

•••Sanwo-Olu Describes Donation As Extreme Kindness, Compassion   Lagos State Government has received 80,000 bags of 10 kilogrammes of rice to bolster its interventions targeted at ameliorating the impacts of current hardship on vulnerable households in the State. Governor Babajide Sanwo-Olu, on Wednesday, personally received fully loaded trucks laden with 80,000 units of 10kg bags of rice supplied by Aliko Dangote Foundation for immediate distribution to various segments of the vulnerable population. Africa's richest man and Chairman of Aliko Dangote Group, Alhaji Aliko Dangote, was accompanied by his billionaire associate, Mr. Femi Otedola, and daughter, Fatimah Dangote, to fulfil the corporate social responsibility aimed at supporting the nutritional needs of residents in the fasting period and easing the prevailing situation of hardship. The intervention was part of the Foundation’s ongoing rollout of one million bags of 10kg rice to vulnerable families across 36 states of the