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The Nigerian government has given all foreigners involved in mining activities in Zamfara State 48 hours to leave the sites Read more
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Adapt Artisanal Mining Policy To Oil Refining In South South Activist Urges Nigerian Government July 26 2024 Sahara Reporters New York News The government had kept mum since then
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1 By Francisca Oluyolefund 2 Mr Olamilekan Adegbite Minister of Mines and Steel Development says the active participation of the private sector in mining is fundamental for its growth to generate funds 3 Adegbite made this known to the Nigeria News Agency NAN Forum in Abuja 4 According to him the involvement of the private sector in mining is crucial for the growth of the industry as
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The minister noted that the Solid Mineral Development Fund that was established by the federal government to cater for mining activities was grossly under unded It was to be funded with N200 billion but unfortunately it has not been funded adequately since it was established he said
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Nigerian Government Involvement In Mining Whatever your requirements you ll find the perfect service oriented solution to match your specific needs with our are here for your questions anytime 24/7 welcome your consultation Nigeria must wake up to the changing role of statenigeria must wake up to the changing role of stateSep 27 2024 nigeria has three constitutionally recognised
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The upper chamber amongst other things emphasized the need for the National Assembly to take a critical look at the ease of doing mining business in Nigeria in order to identify and expunge all legislative encumbrances hindering the growth and development of the mining sector in Nigeria
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The Federal Government has said that two illegal mining companies Solid Unit Limited and Geotess Nigeria Limited that were shut down in Zurak Wase Local Government Area of Plateau State last month had illegally taken out minerals worth over N100 billion in the past few years they have been involved in illegal activities in the area
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Nigeria is a country blessed with many natural resources especially solid minerals The bane of development has been the law which governs who exercises control over the solid minerals Based on the Mining Act of 2024 the Federal Government of Nigeria exercises 100 percent control over the solid minerals in Nigeria The Law states inter alia
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To address the challenge Ogbonnaya suggested that the Mining Act should be amended to place ownership and control of mineral resources on state governments rather than the federal government Nigeria also needs to deal through diplomatic channels with the involvement of foreign nationals and corporations in organised crime and illegal
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The Nigerian Army has debunked the alleged involvement of soldiers during a gun duel arising from a disagreement over gold nuggets in Magama village in Jibia Local Government Area of Katsina State The Director Army Public Relations Onyema Nwachukwu denied the allegation in a statement on Sunday in Abuja Mr Nwachukwu said the publication in […]
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In 2024 the Federal Government through the Ministry of Mines and Steel Development identified Seven Strategic Minerals namely coal bitumen limestone iron ore barites gold and lead and zinc for priority development in a bid to revive the mining sector unlock its potential and diversify the economy away from crude oil
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To address the challenge Nigeria s National Assembly should amend the mining act to place ownership and control of mineral resources on state governments rather than on the federal government In addition to rigorously enforcing its laws Nigeria needs to deal through diplomatic channels with the involvement of foreign nationals and corporations in organised crime in the country
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Much of the mineral potentials of Nigeria like most of West Africa have not been defined by exploration nor has it been fully developed largely due to lack of investment in the past After independence in 1960 the Nigerian government neglected the mining industry in favour of the more lucrative oil sector which
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The high commissioner added that the mining sector which is the area Australia has comparative advantage is one way the Australian government is looking forward to support the Nigerian Government
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Since 2024 the Australian government has been working very closely with the Nigerian government to support the development of the mining sector and that was really starting from the basics in
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nigerian government involvement in mining nigerian government involvement in mining nigerian government involvement in mining day agomining sector in nigeria key to economic turnaround the covid pandemic is a wakeup call that nigeria needs to stop relying on oil to drive its economy this is the view of arc olamilekan adegbite minister of
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Jul 31 2021Remittances into Nigeria from those working abroad which were worth more than $17bn in 2024 have played a role as has the way digital currencies can provide insurance against exchange rate
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The federal government will slash the allocation of states where registered mining companies are taxed by local and state governments the minister of information Lai Mohammed has said
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Lu Ke fled to Zambia after the BBC documentary was released The Daily Mail reports that he pleaded guilty to unlawfully entering and staying in Zambia He reportedly appeared before the
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Previously the Government of Nigeria had a commanding role in the local mining industry through the Nigerian Mining Corporation Nigerian Coal Corporation and Consolidated Tin Mines These entities have since been privatized
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Nov 18 2021Nigeria s mining law The Nigerian Mineral and Mining Act 2024 was re enacted to repeal the Minerals and Mining Act No 34 of 1999 for the purpose of regulating all aspects of the exploration
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Buhari s tactics to push oil firms into mining As its counts on raising nearly $600 million to finance mining exploration and the institutions needed to frame the sector with one hand Nigerian president Muhammadu Buhari s government intends to get local oil operators involved in mines with the other
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Location Itagunmodi community Latitudes 7°13 26 and 7°48 28 N and longitudes 3°52 0 and 4°47 59 E is known for being the most popular gold mining location in Atakumosa West Local Government Area of Osun State Southwestern for Igbojaye its exact population is unknown but Atakunmosa LGA had an estimated population of 68 643 at the 2024 census
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Oct 13 2021The government also signed an MOU with the Geological Society to accurately map Nigeria s estimated 34 potential minerals to open the country for investment GON hopes to focus on eight sub sectors iron ore gold copper coal tar sands/bitumen barite lead zinc and dimension stone
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Mon 10 Jan 2024 14 50 49 GMT The Nigerian Army has debunked alleged involvement of soldiers during a gun duel arising from a disagreement over gold nuggets in Magama village in Jibia Local Government Area of Katsina State Army spokesman Gen Onyema Nwachukwu in a statement yesterday described the media report as baseless unfounded
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In Nigeria despite the wide spread economic impacts of the pandemic the Mining Sector the Sector exceeded budgeted revenue of the Federal Government FG in 2024 by about 10% as against 1 and increased its contribution to the Nation s Gross Domestic Product GDP by about 23% 2024 billion 2024
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The government also signed an MOU with the Geological Society to accurately map Nigeria s estimated 34 potential minerals to open the country for investment GON hopes to focus on eight sub sectors iron ore gold copper coal tar sands/bitumen barite lead zinc and dimension stone
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ABUJA Min of Mines and Steel Dev Report The Nigerian Government has expressed its determination to play prominent role as a world Mining Player The Home About About Us About the Ministry Organogram Honourable Minister Permanent Secretary Departments Human Resource Management Public Communication National Orientation Information Technology Press Public Relations Protocol
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Fayemi made the call at the maiden edition of the Ministry s strategic engagement with the 774 Local Government Council Chairman and other key Mining Stakeholders on Thursday in Abuja
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The Nigerian Enterprises Promotion decrees of 1972 and 1977 further encouraged the growth of an indigenous middle class Mining played an increasing important role in the country s economy Among the minerals mined are iron tin columbite limestone coal and oil The Nigerian Mining Corporation controls the mining of solid minerals in the
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