Nigeria has reinstated mining exploration in Zamfara state following a five-year ban, attributed to improved security measures. Mining Minister Dele Alake announced that the decision comes after significant reductions in insecurity, promising to enable Zamfara’s valuable resources, including gold and lithium, to contribute more significantly to national revenue. During the ban, illegal mining had flourished, undermining legitimate operations and state resources.

To stimulate investment in its mining sector, which currently accounts for less than 1% of Nigeria’s GDP, the government is implementing several reforms. These include revoking inactive mining licences, allowing a 75% investor stake in a new national mining company, and enforcing stricter regulations against illegal mining. Nigeria has also begun international collaborations to enhance its mining capabilities, signing a training agreement with France. Alake emphasised the need for global support for further technical and financial assistance, referencing previous partnerships with Germany and Australia.

The mining sector in Nigeria has faced significant challenges due to security issues, particularly in the northwestern state of Zamfara, which is rich in minerals like gold and lithium. The government had to suspend mining activities in 2019 due to rampant banditry and illegal mining. As part of an economic diversification strategy away from oil dependence, Nigeria aims to develop its mining sector, which requires improved security, regulatory reforms, and international cooperation.

The lifting of the mining ban in Zamfara marks a significant step towards enhancing Nigeria’s mining sector and increasing its economic contributions. With investments, regulatory reforms, and international partnerships, Nigeria aims to leverage its mineral wealth while tackling the past issues of insecurity and illegal mining practices. The focus on technical assistance and capacity building highlights the country’s commitment to revitalising this important industry.

Original Source: www.mining.com

The post Nigeria Resumes Mining in Zamfara State After Security Improvements first appeared on Nigerian Mining News.

The Nigerian Government has officially lifted the five-year prohibition on mining operations in Zamfara State. Minister of Solid Minerals Development, Dele Alake, announced this decision, attributing it to substantial improvements in the state’s security situation. With Zamfara rich in gold, lithium, and copper, the government aims to enhance economic activities that had been negatively impacted by illegal mining operations during the ban. Alake noted the enhanced security efforts have led to a decline in violence, enabling a safer environment for mining. Moreover, he emphasised that the new measures will allow for improved regulation and oversight, ensuring that the nation benefits maximally from Zamfara’s mineral wealth. The Minister also reassured that a recently discussed agreement with France focused solely on training and capacity building for local mining experts.

The ban on mining in Zamfara was first imposed in 2019 due to escalating security threats from banditry and illegal mining activities that led to violence and loss of resources. Zamfara State is noted for its rich mineral deposits, making the lifting of the ban significant for Nigeria’s economy. The government aims to balance resource extraction with safety and regulation following several improvements in security measures undertaken by security agencies.

The lifting of the mining ban in Zamfara marks a crucial step in revitalising the state’s economy and harnessing its mineral resources. With improved security and a focus on regulating the mining sector, Nigeria is poised to benefit economically. The government’s assurance regarding international agreements further underscores its commitment to developing the mining industry responsibly.

Original Source: newscentral.africa

The post Nigeria Lifts Five-Year Ban on Mining in Zamfara State After Security Improvements first appeared on Nigerian Mining News.

The signing of the mining pact between France and Nigeria presents an opportunity for Nigeria to harness its mineral resources for economic diversification while strengthening ties with France. Although the pact can facilitate investment, technical expertise, and advanced technologies, Nigeria must navigate its complexities carefully due to regional tensions and historical grievances against France in West Africa. For Nigeria, the mining sector is a potential economic driver, but vigilance is essential to prevent exploitation and ensure local communities benefit significantly.

Nigeria’s dependency on oil has stifled its economic growth, thus, the mining industry, rich in resources like gold and tin, holds promise for diversification. Partnering with France, a leader in mining technology, could enable Nigeria to build a modern industry that generates jobs and attracts foreign investment. Yet, Nigeria’s recent experiences with military governments and accusations against France of neocolonialism linger, necessitating a cautious approach.

Lessons from the Niger Delta underscore the need for robust regulatory frameworks to guard against exploitation. Clear regulations should emphasize transparency, fairness, and sustainability to protect local interests. Developing local capacity in mineral processing and management is crucial; Nigeria must not overly rely on foreign expertise, as community involvement ensures shared benefits and stable relations.

France’s advanced technology could help monitor and regulate mining practices, averting resource conflicts similar to those experienced in the oil sector. However, it is paramount that these technologies are managed by local institutions to prevent manipulation. Furthermore, combating corruption is essential to secure Nigeria’s economic future, and collaboration among various government agencies can aid in addressing issues of illegal mining and smuggling.

The France-Nigeria mining pact aims to exploit Nigeria’s rich mineral resources as a means to diversify its economy, reduce dependence on oil, and strengthen diplomatic relations with France. While presenting an opportunity for economic growth through mining, the deal comes with risks due to historical tensions in West Africa regarding France’s alleged neocolonial practices. Both nations face the challenge of ensuring that this partnership leads to sustainable development without repeating past exploitative patterns seen in other resource-rich countries.

To maximise the benefits of the France-Nigeria mining pact, Nigeria must adopt a cautious yet strategic approach. Prioritising community involvement, regulatory integrity, and capacity building are fundamental to prevent the pitfalls of past resource exploitation. By asserting its sovereignty and maintaining rigorous oversight, Nigeria can transform this collaboration into a beneficial venture for its people and the economy.

Original Source: www.thisdaylive.com

The post Navigating Opportunities and Risks: The France-Nigeria Mining Pact first appeared on Nigerian Mining News.

The Nigerian government has refuted allegations claiming it has surrendered mining rights to France, following President Bola Tinubu’s visit to France which resulted in a Memorandum of Understanding (MOU) aimed at enhancing collaboration in the mining sector. Sunday Dare, the president’s Special Adviser on Media & Public Communication, stated that the MOU focuses on joint efforts in research, training, and sustainable mining practices, denying any loss of sovereignty over Nigeria’s natural resources. Furthermore, he emphasised that the agreement seeks to reduce the environmental impact of mining while promoting economic development and diversifying critical minerals value chains within both countries.

Following Nigeria’s signing of an MOU with France to enhance the mining sector, there were widespread rumours suggesting that this agreement entailed a transfer of control to France. Such claims raised concerns about Nigeria’s sovereignty over its mining rights, prompting a need for clarification from government officials. The MOU is intended to create beneficial partnerships that advance the mining industry without compromising Nigeria’s interests or resources, highlighting the importance of international cooperation in developing critical minerals.

The Nigerian government has made it clear that it has not relinquished its mining rights to France despite the recent MOU. The agreement primarily aims at fostering collaboration in mining practices while maintaining Nigeria’s sovereignty over its resources. Officials have reiterated that the focus is on sustainable practices and enhancing the industry’s economic potential, dispelling any concerns of foreign domination in Nigeria’s mining sector.

Original Source: newscentral.africa

The post Nigeria Refutes Claims of French Takeover in Mining Sector first appeared on Nigerian Mining News.

The Nigerian Presidency has clarified that France is not taking control of Nigeria’s mining sector following President Bola Tinubu’s recent visit to France. During the visit, a memorandum of understanding (MoU) was signed, aiming to foster collaboration on joint projects to expand both nations’ critical mineral value chains. Tinubu’s Special Adviser, Sunday Dare, reassured that Nigeria retains its mining rights and complies with international standards that govern such agreements. “The French are not taking over. Nowhere in the document was it agreed or suggested that Nigeria has signed away mining rights to the French,” Dare stated, refuting widespread misconceptions.

The discussions between Nigeria and France arise from a growing global focus on critical minerals necessary for clean energy technologies, such as lithium and cobalt. The partnership aims to enhance the mineral value chains, reflecting Nigeria’s effort to integrate its solid minerals sector into the global economy. This initiative also aligns with international standards in the mining sector, reinforcing Nigeria’s sovereignty in resource management while attracting foreign investment.

In summary, the Nigerian Presidency has asserted that France will not take over Nigeria’s mining sector following a recent MoU. The agreement focuses on joint development of critical minerals without compromising Nigeria’s rights. The clarifications serve to dispel misinformation regarding French involvement in Nigeria’s mining activities.

Original Source: dailypost.ng

The post Nigeria Clarifies France’s Role in Mining Sector After Tinubu’s Visit first appeared on Nigerian Mining News.

The Nigerian Presidency has dismissed claims that France is taking control of Nigeria’s mining sector following President Bola Tinubu’s state visit to France. During the visit, both nations signed a memorandum of understanding (MoU) aimed at enhancing and diversifying the critical mineral value chains in their solid minerals sectors. Tinubu’s Special Adviser expressed that Nigeria retains full control over its mining rights and is committed to adhering to international standards in its agreements.

The topic revolves around Nigeria’s recent international engagement with France, specifically regarding the solid minerals and mining sectors. Given the growing importance of critical minerals for clean energy technologies, both countries have looked to collaborate. However, speculation arose around potential loss of sovereignty over Nigeria’s mining rights, prompting the need for clarification from the Presidency.

In summary, Nigeria’s partnership with France focuses on joint initiatives in the minerals sector without compromising Nigeria’s sovereignty. The Presidency has assured that no rights have been relinquished and that international norms will guide any agreements. This collaboration aims to enhance both nations’ capabilities in critical minerals essential for sustainable energy.

Original Source: dailypost.ng

The post Nigerian Presidency Dismisses Claims of French Control Over Mining Sector first appeared on Nigerian Mining News.

The Nigerian government has arrested 300 illegal miners as part of efforts to revamp the mining sector, according to Dele Alake, Minister of Solid Minerals Development. During a recent briefing with the House Committee on Solid Minerals, he highlighted a comprehensive 7-point agenda aimed at securing mining operations and reducing illegal activities. This initiative is supported by President Bola Tinubu and includes the deployment of over 2,000 trained mine marshals to enhance site protection. Alake stated that the renewed security framework is crucial for addressing the longstanding issues caused by illegal mining, which threaten both local communities and Nigeria’s reputation. The arrest of nearly 300 illegal operators, including foreign nationals, indicates a significant decline in unauthorized mining across the nation. Furthermore, he shared the vision of establishing Nigeria as a leading global mineral hub, emphasising successful outreach efforts that have attracted the attention of international investors. Alake expressed appreciation for the collaboration with legislative and other key partners, asserting that these efforts are laying a strong foundation for the mining sector’s future.

In recent years, Nigeria’s mining sector has faced numerous challenges due to illegal mining activities that undermined its potential. The Nigerian government has initiated measures to address these issues through enhanced security and strategic partnerships. This effort is part of a broader plan to revitalise the industry, which is seen as a critical driver for economic growth and stability. The active involvement of various ministries and legislative support highlights the commitment to transforming Nigeria into a significant player in the global mineral market.

The government’s recent crackdown on illegal mining is a pivotal step towards revitalising Nigeria’s mining sector. With 300 arrests and the deployment of trained marshals, the initiative aims to secure mining operations against unlawful activities. By positioning Nigeria as a global mineral hub, the government seeks to attract international investors while ensuring the stability of local communities and enhancing the country’s economic prospects.

Original Source: dailypost.ng

The post Nigerian Government Arrests 300 Illegal Miners to Revitalise Mining Sector first appeared on Nigerian Mining News.

The Nigerian government has apprehended 300 illegal miners, including foreign nationals, in a nationwide crackdown aimed at enhancing the mining sector. Minister Dele Alake announced these arrests during a recent oversight visit by the House Committee on Solid Minerals in Abuja. The initiative is part of a comprehensive 7-point agenda focused on combating illegal mining and securing community protection while attracting international investors. Alake emphasised the positive impact of a newly deployed force of over 2,000 trained mine marshals responsible for enforcing security in mining areas. He expressed gratitude towards President Bola Tinubu for his support, which has streamlined inter-ministerial collaboration to ensure efficient resource deployment to safeguard these vital sites. This effort underscores a significant commitment to restoring Nigeria’s standing as a global mineral hub. The ministry’s outreach campaigns have successfully attracted interest from prominent international investors, aligning with a strategic vision to turn Nigeria’s mining industry into a cornerstone of economic development. Alake noted the critical legislative support in establishing a robust mining framework conducive to foreign partnerships and sustainable growth.

The Nigerian mining sector has faced challenges with illegal mining activities, impacting both the economy and community safety. The government’s recent initiative, involving mass arrests, seeks to address these issues through enhanced security measures and international collaboration. This action aims to restore Nigeria’s reputation in the global mining market, attracting investment and ensuring safer mining practices for local communities.

The arrest of 300 illegal miners marks a significant step by the Nigerian government to strengthen the mining sector. By enforcing stricter regulations and enhancing security, the initiative seeks to create a safer investment environment while promoting economic growth through international partnerships. The government’s commitment, supported by legislative backing, reflects a clear goal to reposition Nigeria as a leader in mineral development.

Original Source: www.pulse.ng

The post Nigerian Government Arrests 300 Illegal Miners in Sector Revitalisation Effort first appeared on Nigerian Mining News.

The Nigerian Federal Government, under Minister Dele Alake, has arrested 300 illegal miners as part of efforts to revitalise the country’s mining sector. This announcement was made during a briefing for the House Committee on Solid Minerals in Abuja. Alake highlighted a 7-point agenda focusing on security and the reduction of illegal mining activities, which have long jeopardised local communities and Nigeria’s international reputation. He attributed the arrests to a strengthened security framework involving over 2,000 trained mine marshals deployed across the nation. While discussing the future of the mining sector, Alake mentioned outreach initiatives aimed at attracting international investments to position Nigeria as a global mineral hub. He expressed appreciation for legislative support, stating these combined efforts are crucial for building a resilient mining sector in Nigeria. The minister’s strategy indicates a concerted effort to protect mining sites, enhance security, and invite reliable partnerships with investors as part of a broader vision for economic growth.

Nigeria has substantial mineral wealth but faces challenges related to illegal mining that threatens both economic development and community safety. The government aims to tighten regulations and boost investments in the mining sector, which has been seen as key for economic growth. Recent actions, including the arrests of illegal miners, reflect efforts directed towards securing mining regions and attracting reputable investors to transform the industry. Minister Alake’s administration is focused on creating a more stable and secure environment for mining operations, essential for maximizing the sector’s potential.

In summary, the Nigerian government’s recent actions to arrest 300 illegal miners reflect its commitment to enhancing security in the mining sector. With a comprehensive plan in place and strong legislative support, Nigeria aims to become a leading player in the global minerals market, ensuring investor confidence and sustainable economic growth. Such efforts are crucial in addressing illegal mining activities that have hindered development.

Original Source: dailypost.ng

The post Nigerian Government Targets Illegal Miners to Strengthen Mining Sector first appeared on Nigerian Mining News.