ABUJA – The Minister of Mines and Steel Development, Arc Olamilekan Adegbite has said that the nation is building a world-class mining sector that would be the toast of investors.. He made this statement while commissioning the Fire Assay Laboratory and Earth Quake Monitoring Centre in Kaduna State. He said, "The commissioning today is a testament …
Read MoreMining sector's contribution to GDP will increase in 2019 – Minister. The Minister of State, Ministry of Mines and Steel Development, Abubakar Bawa Bwari, has said the ministry is set to increase the sector's contribution to the national GDP from 0.3% to 3% in 2019 and 10% to 15% by 2025. Posted by admin 1/29/2019 1:03:22 PM 1141.
Read MoreNigeria as a country is blessed with abundance of many resources which include stones, precious metals and minerals. Following the history of the Nigerian mining, In the early 70s, Nigeria was a major importer of coal, tin, and columbite, as such, Nigeria made a lot or revenue from the exportation process.
Read MoreIBADAN, Nigeria--The Nigerian government's effort to revive its mining sector has resulted in the inflow of notable investments in the sector, Yemi Osinbajo, the country's vice president, said ...
Read MoreNigeria's President Muhammadu Buhari banned mining and imposed a no-flight zone in the northwestern state of Zamfara on Tuesday, vowing to crack down on lawlessness in the area in response to the abduction last week of 279 schoolgirls, since freed. Buhari ordered a "massive" deployment of military and intelligence assets to restore normalcy to Nigeria's …
Read MoreOrientalnewsng.com is the leading News Website offering the very latest in Nigeria Oil and Gas news, NNPC Breaking News, Nigeria Energy News; If you want to know latest in Nigeria's Oil & Gas Industry, always visit Oriental News.
Read MoreNigeria's mining sector is underdeveloped, contributing only 0.3 per cent to Gross Domestic Product. This forces the country to import many minerals that it could produce domestically. The National Bureau of Statistics says mining's contribution to GDP increased to N1.38 billion in the third quarter of 2021, from N1.23 billion in Q2.
Read MoreNigeria's mining law. The Nigerian Mineral and Mining Act 2007 was re-enacted to repeal the Minerals and Mining Act No. 34 of 1999 for the purpose of regulating all aspects of the exploration ...
Read MoreUAE Pledges $2bn to Support Nigeria's Mining Sector. As part of efforts to support Nigeria's Mines and Steel Development sector, the office of the past ruler of Abu Dhabi, United Arab Emirates (UAE), His Royal Highness, Sheikh Hamdan bin Khalifa, has pledged the sum of $2 billion to Nigeria. The donations according to Khalifa and Global ...
Read MoreShe noted: "In Nigeria, women work in the whole spectrum of mining operations: from Artisanal and Small-scale Mining (ASM) to Large-Scale Mining (LSM). "They are engineers, geologists and other scientists, but a good number of women in mining are manual labourers. "Up to 99 per cent of women in mining are in the ASM subsector.
Read MoreDecember 7, 2021 11:08 AM. After years of canvassing for sustainable development and growth in Nigeria's Mining and Geosciences sector, renowned sustainability and communications entrepreneur ...
Read MoreIn Nigeria, we do not have a stable power supply that could make the business somewhat viable. Bitcoin mining is known to be an energy-intensive endeavour which Nigeria is not ready for.". To mine a Bitcoin worth $32,000 as of …
Read MoreNigeria's mineral production in the mining and quarrying sector increased by 17.95% adding up to 64.3 million tons in 2020 from 54.5 million tons in 2019. This is according to the Nation Bureau of...
Read MoreThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read MoreNigeria's Minister for Mines and Steel, Olamilekan Adegbite, said today that Nigeria is aware of the exponential growth opportunities inherent in the mining sector, and is making plans to take advantage of them. As a matter of fact, the government is targeting that the mining industry will start contributing as little as 3% of the country's gross domestic product …
Read MoreAn in-depth analysis on mining in Nigeria. By Guest Contributor. Oct 27, 2020. The economy in Nigeria has been growing slowly since the oil price slump of 2014. Since then, volatility of global oil prices has negatively impacted growth performance. Between 2000 and 2014, GDP grew at an average of 7% annually.
Read MoreNigeria Mining Industry News ••• Topics • Nigeria Media Directory. Nigeria Gold Mining News Monitoring. Get by Email • RSS. Published on Dec 21, 2021. About Ondo State, Nigeria. The Slogan Sunshine State Date Of Creation 3 February 1976 Geography Ondo State borders Ekiti State (formally part of the state) to the north, Kogi State to ...
Read MoreDirector General of Nigerian Geological Survey Agency (NGSA) Dr. Abdulrazaq Garba equally agreed that the establishment of a Fire Assay laboratory would enhance Nigeria's status as a Mining...
Read MoreGold Mining: Gov. Oyetola commended for his administration effort. Victor Adeoti - NAN Dec 27, 2021. The Alakola of Ikola-Ijesa in Atakumosa West Local Government Area of Osun State, Oba Festus Adeyemi, on Sunday commended Gov. Gboyega Oyetola for his efforts at diversifying the state's economy through mining. Oba Adeyemi noted that the….
Read MoreNews President's committee on mining legal framework good for Zamafara – Gov Matawalle ... the Ministry of Mines and Solid Mineral Development for mining in Zamfara and other states in Nigeria ...
Read MoreLatest Nigeria News. Your online Nigerian Newspaper. Osun NSCDC warns against illegal mining, arrests two suspects Fashola MC POSCABA Wednesday, December 15, 2021 Metro The Osun State Command of the Nigerian Security and Civil Defence Corps (NSCDC) has arrested two persons, Ogunmokun Joshua and Amos Danjos f...
Read MoreABUJA, March 2 (Reuters) - Nigeria's President Muhammadu Buhari banned mining and imposed a no-flight zone in the northwestern state of Zamfara on Tuesday, vowing to crack down on lawlessness in ...
Read MoreOne of the success stories from this was the national breakthrough recorded in 2020 through the production of Nigeria's first artisanally-mined and refined 12.5kg gold bar, sourced and refined ...
Read MoreNigeria. Current and comprehensive mining and industrial, market data and investing news in Nigeria. Nov - 2021 -. 25 Nov. Energy.
Read MoreMinerals:Gold, columbite, wolframite, tantalite, bitumen, iron ore and uraniume Independence: 1 October 1960 Area: 923,768 km2 Mining fact: Despite massive mineral wealth, the Nigerian mining industry is vastly underdeveloped and only accounts for 0.3% of the country's GDP – and this due to oil resources. The underdevelopment is resulting in Nigeria having to import …
Read MoreEdo Police Arrest 4 For Illegal Mining Posted by Tolulope Ogugua Latest News, News Across Nigeria, News From The State Thursday, December 23rd, 2021 (AFRICAN EXAMINER) – Four persons have been...
Read MoreNews. Nigeria Mining Cadastre Office > News. News. September 8, 2021. ... The Mining and Minerals Act (2007) defines the Nigerian Mining Cadastral Office (MCO) as an autonomous body administering mining titles with integrity and in a transparent manner on a "first come, first served" basis.
Read MoreNigeria VP Says Mining Sector Boosted by Significant Investments - MarketWatch By Obafemi Oredein Special to Dow Jones Newswires IBADAN, Nigeria--The Nigerian government's effort to revive its...
Read MoreThe Osun State Command of the Nigerian Security and Civil Defence Corps (NSCDC) has arrested two persons, Ogunmokun Joshua and Amos Danjos for alleged conspiracy, illegal encroachment and illegal mining.
Read MoreThe Director-General, Mining Cadastre Office, MCO, Engr. O.S Nkom was on air at Nigeria Info - 95.1 in Abuja on Wednesday, 1 September 2021 discussing the mandate of the Agency and the benefits available to host Communities i [...] Read More August 20, 2021 0 comments NMCO Director-General Visits Kaduna for the Commencement of Geophysical …
Read MoreThe Segilola Gold Mine, which is expected to start producing Gold soon, is sited at Odo-Ijesha and Iperindo. The venture is a pioneering project in the Nigerian mining sector. The Governor added...
Read MoreNigeria hopes to dig itself out of an economic hole with plans to have 50 mines operational by 2023. [Nigerian mining minister Olamilekan Adegbite, saying:] "People are beginning to come to us, they are interested in coming to Nigeria..." Mining minister Olamilekan Adegbite says if it wasn't for lockdown restrictions, new players would already be entering the …
Read MoreAt the recently held 2021 Annual Public Lecture, Investiture, and Awards of the Nigerian Institute of Mining and Geosciences (NIMG) in Abuja, Bekeme Olowola won the award of 'Women's Role ...
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