I noticed a recent online media article mentioning Segilola Resources Operating Limited.
We would like to clarify that Segilola Resources Operating Limited is a private company duly incorporated under the laws of the Federal Republic of Nigeria and licensed by the Federal Ministry of Mines and Steel Development.
The Company has no governmental affiliation or alliance with any political party at any level and does not conspire with any person or organization to deny or disallow any income by any federal, state or local government by law. Never deprive.
After completing extensive exploration, feasibility studies and construction, the company commenced commercial production one year ago and has fulfilled its statutory obligations by paying all royalties and statutory fees to the Federal Government of Nigeria on time. did. Federal Republic of Nigeria Constitution, Nigeria Minerals and Mining Act 2007, Nigeria Minerals and Mining Regulations 2011.
Through our Environmental Sustainability Initiative, we have established a world-class operating system to prevent all forms of environmental pollution that can endanger the people of Osun and our environment. Environmental monitoring is carried out on an ongoing basis and audited by qualified independent third party consultants with the results submitted to the Ministry of Mines and Steel Development and the Federal Ministry for the Environment.
We operate as a world-class operating mine, following global best practices that exemplify what can be achieved in the Osun State and Nigerian mining sectors.
Subject: Segilola Resources Operating Limited
Austin Menegbo Country Manager