Search results
Results from the WOW.Com Content Network
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 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.
Janet Febisola Adeyemi (born July 16, 1958) is the current President of Women in Mining in Nigeria, an affiliate of International Women in Mining.She also served on the Strategic Development and Policy Implementation Committee of the 2016 Governor-elect of Ondo State. [2]
The Nigerian government planned to sell 40% to private investors and 20% to the Nigerian public, while retaining 40%. [6] [7] In 2002, work stopped at NCC-operated mines. [8] In 2003, the Nigerian government announced plans to create a technical advisory committee that would be tasked with reviving Nigeria's coal industry. [9]
It was established by the recommendations of workshops on industrials matters in 1987 by the Decree 39 (RMRDC) Act CAP R.3 laws of federation of Nigeria, 2004 but was first organized by the former Ministry of Industry, Nigeria Institute of Social and Economic Research and Manufacturers Association of Nigeria which was set up in 1983.
According to the Nigerian constitution, all minerals, gas, and oil the country possesses are legally the property of the Nigerian Federal Government. The revenue gained by the NNPC accounts for 76% of federal government revenue [16] and 40% of the entire country's GDP. As of 2000, oil and gas exports account for 98% of Nigerian export earnings ...
According to the Geological Survey of Nigeria Agency, Nigeria has some 34 known major mineral deposits across the country. Exploration of solid minerals like tin, niobium, lead, zinc and gold, goes back for more than 90 years, but there has been a world-wide scale production of tin and niobium only. [6]