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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 ...
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 ...
The mining of minerals in Nigeria accounts for 0.3% of its gross domestic product. The domestic mining industry is largely underdeveloped, and minerals that it could produce domestically, such as salt or iron ore, are imported. Rights to ownership of mineral resources is held by the Federal Government of Nigeria, which grants titles for mineral ...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Electricity Management Services Limited (EMSL) Energy Commission of Nigeria (ECN) National Power Training Institute of Nigeria (NAPTIN) Nigerian Electricity Regulatory Commission (NERC) Nigerian Content Monitoring and Development Board (NCMDB)
Its wide array of under exploited mineral resources include coal, bauxite, tantalite, gold, tin, iron ore, limestone, niobium, lead and zinc. [159] The country's gold production in 2015 is 8 metric tons. [160] Despite huge deposits of these natural resources, the mining industry in Nigeria is still in its infancy.
Mining law is the branch of law relating to the legal requirements affecting minerals and mining. Mining law covers several basic topics, including the ownership of the mineral resource and who can work them. Mining is also affected by various regulations regarding the health and safety of miners, as well as the environmental impact of mining.
New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ...