FG Launches NMDSS to Enhance Mining Sector and Attract Investment
The Federal Government has launched the Nigeria Mineral Resources Decision Support System (NMDSS) to improve business operations in the mining...
Month: August 2024
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...
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...
Nigeria Imports 95% of Barite Despite Local Deposits and Content Act
Nigeria currently imports 95% of the barite required for its oil and gas industry, despite having significant local deposits and...
Niger State Government Lifts Ban on Mining Activities
The Niger State Government has conditionally lifted the ban on mining activities across the state. Acting Governor Yakubu Garba announced...
Nigerian Government Charges Eight Chinese Nationals for Illegal Mining Activities
The Nigerian Government has charged eight Chinese nationals and one Nigerian citizen for illegal mining activities in Abia State. This...
Nigeria to Revamp Mining Licences Focusing on Local Processing
Nigeria is to issue mining licences exclusively to companies that outline local processing plans, as part of new guidelines confirmed...
