Federal Government Backs Mining Firms Focusing on Local Content
The federal government, through the Minister of Solid Minerals Development, Dr. Dele Alake, has pledged to support mining firms that...
Day: August 28, 2024
Top 10 Mineral Producing Countries in Africa
**Top 10 Mineral Producing Countries in Africa** According to a report by the Economist Intelligence Unit, South Africa, Nigeria, Algeria,...
FG Increases Mining License Fees and Royalties in Nigeria
The Nigerian federal government has significantly increased the costs associated with mining licenses and royalties: - **Mining Lease**: N3 million...
House Proposes 5% Mining Revenue Allocation for Host Communities
The House of Representatives Committee on Solid Minerals has proposed allocating five per cent of mining revenues to host communities....
Alake Enhances Nigeria’s Reserves with Gold Bars for Tinubu
- Dr. Dele Alake, Minister of Solid Minerals Development, presented gold bars to President Bola Tinubu, boosting Nigeria’s foreign reserves...
