SUSTAINABILITY - Nigerian Mining News https://nigeriamining.today Thu, 23 Jan 2025 20:14:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 https://nigeriamining.today/wp-content/uploads/2023/10/Screenshot-2023-10-31-at-19.14.10-150x150.png SUSTAINABILITY - Nigerian Mining News https://nigeriamining.today 32 32 NSCDC Mining Marshals Unveil 2025 Strategy Against Illegal Mining https://nigeriamining.today/2025/01/23/nscdc-mining-marshals-unveil-2025-strategy-against-illegal-mining/ Thu, 23 Jan 2025 20:14:14 +0000 https://nigeriamining.today/2025/01/23/nscdc-mining-marshals-unveil-2025-strategy-against-illegal-mining/ The NSCDC Mining Marshals have launched a 2025 Operational Plan focused on combating illegal mining. […]

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The NSCDC Mining Marshals have launched a 2025 Operational Plan focused on combating illegal mining. They aim for stronger regulatory compliance and closer collaboration with the Nigeria Mining Cadastre Office. Engr. Obadiah Nkom highlighted their commitment to safeguarding mineral resources, while initiatives for greater transparency in licensing are underway.

The Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals have introduced their Strategic Operational Plan for 2025, which aims to enhance field operations, improve regulatory compliance, and intensify actions against illegal mining activities. This strategy includes stronger collaboration with the Nigeria Mining Cadastre Office for effective enforcement of mining regulations.

Engr. Obadiah Nkom, Director-General of the Nigeria Mining Cadastre Office, praised the Mining Marshals for their professionalism and commitment to fighting illegal mining despite facing challenges. He recognised them as essential to national development, protecting mineral resources from economic threats.

Nkom lauded the NSCDC under the leadership of Dr. Ahmed Abubakar Audi for their integrity and efforts in fortifying the mining industry against illegal operations. AC John O. Attah, the Squad Commander, reiterated the Corps’ resolve to protect legitimate mineral rights and address community issues caused by unlicensed mining.

The Nigeria Mining Cadastre Office has committed to fully support the Mining Marshals, announcing initiatives to automate services and streamline licensing processes for better transparency and compliance. These developments indicate an escalation of enforcement actions against illegal mining in 2025, in collaboration with regulatory agencies.

The NSCDC Mining Marshals are tasked with safeguarding Nigeria’s mining sector by combating illegal mining activities. Their operations are crucial for ensuring legal compliance and maintaining the integrity of the country’s mineral assets. The strategic focus for 2025 highlights the urgency of tackling challenges posed by illegal miners and the need for effective regulatory measures.

In summary, the NSCDC Mining Marshals are gearing up for a proactive approach in 2025 with a clear operational plan that prioritises regulatory compliance and the fight against illegal mining. Their efforts will be bolstered by collaboration with the Nigeria Mining Cadastre Office, highlighting a committed stance towards protecting the nation’s mineral resources and enhancing the mining sector’s integrity.

Original Source: prnigeria.com

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Investment Summit Showcases Nigeria’s Mining Potential to South African Investors https://nigeriamining.today/2024/12/14/investment-summit-showcases-nigerias-mining-potential-to-south-african-investors/ Sat, 14 Dec 2024 09:53:27 +0000 https://nigeriamining.today/2024/12/14/investment-summit-showcases-nigerias-mining-potential-to-south-african-investors/ The first Investment Summit and Roadshow for Solid Minerals in Nigeria in Johannesburg highlighted the […]

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The first Investment Summit and Roadshow for Solid Minerals in Nigeria in Johannesburg highlighted the country’s mining potential to South African investors. Discussions focused on reforms, community agreements, and new investment platforms. Commitments were made by companies to invest in Nigeria, showcasing optimism for the sector’s growth.

The inaugural Investment Summit and Roadshow for Solid Minerals in Nigeria, organised by the Nigerian High Commission in South Africa with Rosebank Capital, showcased the country’s mining potential to South African investors. The event highlighted policy reforms, community agreements, and innovative systems aimed at revitalising the sector. Key discussions included investment incentives, the digitisation of mining license processes, and the need for local value addition in mineral processing.

Engaging sessions helped clarify misconceptions about Nigeria’s business climate. Investors raised concerns over policy fluctuations, which were addressed by showcasing the amendment process for the Nigeria Minerals And Mining Act (2007). This aims to solidify reforms and improve the investment framework. The revised Community Development Agreements (CDAs) were also introduced to ensure host community consent for mining operations, fostering better relationships.

The Nigeria Mineral Decision Support System (NMDSS) emerged as a pivotal tool to attract investors, providing comprehensive data for informed decisions without necessitating travel. President Bola Tinubu’s promise of “Easy In, Easy Out” regarding profit repatriation, paired with tax waivers for mining equipment imports, further appealed to investors. Dr. Dele Alake emphasised the importance of local processing and skill transfer to boost Nigeria’s GDP.

Improvements in the mining license application process through the Electronic Mining Cadastral System (EMC+) were presented as a significant leap forward. Additionally, potential collaborative programmes were discussed for mutual certification of mining professionals between Nigeria and South Africa.

The summit was marked by several commitments, including interest from Pilanesberg Platinum Mines to explore similar initiatives in Nigeria and an MOU for a $1 billion coal processing and power plant project in Enugu State. Crystal Partners also expressed intentions to collaborate with Nigeria’s mining sector. Overall, the Roadshow was deemed a success, signalling a promising future for Nigeria’s solid minerals sector under proactive leadership.

The focus of this article is the recent Investment Summit and Roadshow for Solid Minerals held in Johannesburg, South Africa, which served as a platform to present Nigeria’s mining sector potential to international investors. It highlighted ongoing reforms and initiatives aimed at transforming the mining industry and establishing Nigeria as a favourable destination for mining investments. The Nigerian delegation engaged investors through presentations, discussions on policies, and innovative systems designed to ease the investment process and enhance community relations.

In summary, the Investment Summit and Roadshow successfully showcased Nigeria’s mining potential, addressing investor concerns about policies and community engagement. Promises of improved processes, attractive incentives, and the commitment to local value addition were well received. Key partnerships and initiatives were formed, indicating a proactive approach to investing in Nigeria’s mining sector, suggesting a bright future under effective leadership.

Original Source: blueprint.ng

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