FG Drums Support for Foreign Investors in Mining

FG Drums Support for Foreign Investors in Mining
 

The Federal Government has declared support for the success of nickel project and other investors in the mining sector as a way of actualising its economic diversification plan. The Minister of Mines and Steel Development, Dr Kayode Fayemi, said this in a statement signed by his Special Assistant on...

Posted on Sep 7, 2017 - Last updated on Sep 7, 2017

Experts To Tap Into $7bn Mining Sector Opportunities

Experts To Tap Into $7bn Mining Sector Opportunities
 

By CHIKA IZUORA, Lagos Experts have said that the Nigerian mining industry has witnessed some phenomenal developments and holds huge potential capable of turning the economy round. “Nigeria is on the mining map and the sector is working hard to prepare its road map because ultimately, there are en...

Posted on Jul 17, 2017 - Last updated on Jul 17, 2017

Edo to Create Ministry of Mining

Edo to Create Ministry of Mining
 

Gov. Godwin Obaseki of Edo says a ministry of mining would be established to fast track the development of mining activities in the state. Obaseki announced this in his remarks at the close of a two-day workshop on solid mineral development organised by the Edo Government in Benin on Friday. He said...

Posted on Jun 24, 2017 - Last updated on Jun 24, 2017

Mining Act Vests Control of Mineral Resources in States on Nigerian Govt – Document

Mining Act Vests Control of Mineral Resources in States on Nigerian Govt – Document
 

The Nigerian Minerals and Mining Act (NMMA) 2007 has vested the control, regulation and ownership of all mineral resources in all states on the federal government. This is stated in a document made available to the News Agency of Nigeria on Sunday in Abuja. It said all lands in which minerals had be...

Posted on Apr 17, 2017 - Last updated on Apr 17, 2017

Nigeria Sanctioned 20 Mining Companies in 2016 – Official

Nigeria Sanctioned 20 Mining Companies in 2016 – Official
 

The Ministry of Mines and Steel Development has sanctioned no fewer than 20 mining companies in 2016 over non-compliance with Nigeria’s laws and regulations. Salim Salaam, Director, Mines Environmental Compliance Department said this to the News Agency of Nigeria in Abuja on Monday. Mr. Salaam sai...

Posted on Jan 30, 2017 - Last updated on Jan 31, 2017

FG Secures $150m W’Bank Support for Mining – Fayemi

FG Secures $150m W’Bank Support for Mining – Fayemi
 

The Federal Government, through the Ministry of Mines and Steel Development, has secured $ 150million (N45.7 billion) support from the World Bank for the Mineral Sector Support for Economic Diversification (MSSED or MinDiver) programme. The Minister of Mines and Steel Development, Dr. Kayode Fayemi,...

Posted on Dec 21, 2016 - Last updated on Dec 21, 2016

FG withdraws 600 mining licenses

FG withdraws 600 mining licenses
 

The Minister of Mines and Steel Development, Mr Mohammed Sada, said the Federal Government had withdrawn over 600 mining and extractive licenses of companies that failed to comply with its rules and regulations. Sada made this known on Wednesday in Abuja  during the presentation of 2013 Annual Repo...

Posted on Aug 7, 2014 - Last updated on Aug 7, 2014

Nigeria generates N5.2bn in mining royalties, records geometric growth

Nigeria generates N5.2bn in mining royalties, records geometric growth
 

The Federal Government generated N5.2 billion between 2009 and 2013 from royalties in mining, Dauda Awojobi, Acting Director of Mines Inspectorate, Federal Ministry of Mines and Steel Development, has said. Awojobi made the disclosure in Abuja, Sunday, during an interview with the News Agency of Nig...

Posted on Jul 21, 2014 - Last updated on Jul 21, 2014

Indian court lifts Goa iron ore mining ban

Indian court lifts Goa iron ore mining ban
 

India’s Supreme Court has lifted a ban on iron ore mining in the western state of Goa, but limited extraction to 20m tonnes a year. The miners will also need to renew their leases with the Goa government. All 90 iron ore mines in Goa were shut down after a government-backed inquiry in 2012 all...

Posted on Apr 22, 2014 - Last updated on Apr 22, 2014

FG To Partner With KACCIMA, Local Investors To Develop Mining Sector

FG To Partner With KACCIMA, Local Investors To Develop Mining Sector
 

The Minister of Mines and Steel Development, Mr Musa Sada, said the Federal Government would partner with Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA) and local investors to develop the mining sector. He made the disclosure when a delegation from the Chamber visited him in A...

Posted on Apr 12, 2014 - Last updated on Apr 12, 2014

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