Nigeria to Halt Mineral Exports for Economic Value Addition
Dele Alake announced that Nigeria will stop exporting mineral resources to boost local processing and value addition. This strategy aims...
Day: November 12, 2024
Only 1,000 of 7,141 Mining Licenses Active, Says NIMCO Director General
The NMCO has issued 7,141 mining licenses, but only 1,000 are active, revealing inefficiencies in the sector. Director General Obadiah...
Concerns Rise as Nigeria Issues 7,000 Mining Licenses with Only 1,000 Active Mines
The NMCO disclosed that although it has approved 7,000 mining licenses, fewer than 1,000 mines are active. Director General Obadiah...
NMCO Director General Advocates Reform for Underutilised Mining Licences
The NMCO reported that only 1,000 of the 7,141 issued mining licenses are active. DG Obadiah Nkom advocated for reforms...
Nigeria Courts Western Miners to Diversify Economy Beyond Oil and Gas
Nigeria is courting Western miners to reduce its reliance on oil and gas, which dominates government revenue. The initiative aims...
Nigeria Ambassadors Urge South African Miners to Invest in Renewed Mining Sector
Dr Dele Alake has urged South African investors to explore Nigeria's reformed mining sector during an investment forum. Key improvements...
Nigeria Attracts South African Mining Investors Amid Reforms
Dr. Dele Alake of Nigeria urged South African investors to capitalise on reforms in the mining sector during a forum...
