Nigeria Plans $172bn Investment in Infrastructure Development
Nigeria Backbone Infrastructure Limited has announced plans to invest $172 billion over 22 years into various infrastructure sectors, including mineral...
Month: August 2024
Federal Government Unveils 2,500 Mining Marshals to Tackle Illegal Mining
The Federal Government has launched over 2,500 mining marshals to target illegal mining across Nigeria. - This announcement was made...
FG Revokes 1,633 Mining Titles Amid Compliance Failures
On Tuesday, Dr Dele Alake, Nigeria’s Minister of Solid Minerals Development, announced the revocation of 1,633 mining titles due to...
Minister Alake Encourages Foreign Investment in Nigeria’s Mining Industry
Dele Alake, Nigeria's Minister of Solid Minerals Development, has invited international investors to consider Nigeria as a premier destination for...
Tinubu Mandates Local Value Addition for Mining Licenses
President Bola Ahmed Tinubu has instructed the Federal Ministry of Solid Minerals Development to grant mining licenses solely linked to...
Nigeria’s Ambitious Plan to Boost Lithium Production
- Nigeria aims to be a major player in the global lithium market - President Bola Tinubu to inaugurate Nigeria's...
Nigerian Mining Industry: Stakeholders Express Frustrations Over Shutdowns
A group called the Forum of Concerned Stakeholders in the Nigerian minerals and mining sector is dissatisfied with the shutdown...
Navigating the Ups and Downs of Nigeria’s Mineral Mining Sector
- Concerns expressed by Nigerian Minerals and Mining Sector stakeholders regarding sudden fee increases - Fear that new rates could...
Nigerian Mining Sector Faces Backlash Over New Rate Hike
Stakeholders in Nigeria’s mining sector are rejecting the government’s recent implementation of higher fees and royalties. Key points from the...
Investing in Nigeria’s Lithium: A Call for Strategic Investment
- Segilola Resources Operating Ltd, an indigenous gold mining company in Ilesha, Osun state, produced 84,609 ounces of gold worth...
