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The Mines and Steel Development Ministry is a Nigerian ministry established in 1985 to encourage development of the country's solid mineral resources. The Ministry formulates policy, provides information on mining potential and production, regulates operations and generates revenue for the government.
The mining of minerals in Nigeria accounts for only 0.3% of its gross domestic product, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore. The rights to ownership of mineral resources is held by ...
Dr.Jumoke Oduwole is the current Minister of Industry, Trade and Investment, appointed by Nigerian president Bola Tinubu in 2024, While Senator John Owan Enoh serves as the Minister of State for Industry, Federal Ministry of Industry, Trade and Investment. , [2] [3]
Nigeria's government is cracking down on illegal mining, making dozens of arrests of unlicensed miners since April for allegedly stealing the country’s lithium, a critical mineral used in ...
Cocoa Research Institute of Nigeria (CRIN) National Agricultural Extension, Research and Liaison Services (NAERLS) National Veterinary Research Institute (NVRI) Nigerian Agricultural Insurance Corporation (NAIC) National Root Crops Research Institute (NCRI) Agricultural Research Council of Nigeria
In 1971, the Nigerian National Oil Corporation (NNOC) was created to handle direct commercial operational activities in the oil industry on behalf of the Federal Government. [4] However, the Department of Petroleum Resources in the Federal Ministry of Mines and Power continued to exercise statutory supervision and control of the industry.
The Nigerian Investment Promotion Commission was established by the United Nations Conference on Trade and Development [6] through Chapter N117 of the Nigerian Investment Promotion Act of 1995, and later became a specialized agency of the Federal Government of Nigeria through Chapter N117 of the Nigerian Investment Promotion Act of 2004 [7] by the former President of Nigeria Olusegun Aremu ...
Nigerians in Diaspora Commission, provide for the engagement of Nigerians in Diaspora in the policies, projects and participation in the development of Nigeria and for the purpose of utilising the human capital and material resources of Nigerians in Diaspora towards the overall socio-economic, cultural and political development of Nigeria and ...