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mining activities in Nigeria is via artisanal and small scale mining. Furthermore, the sales channel is largely unoff. uying centers and lapidaries across the relevent zones in the country. This will …
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The solid minerals sector in Nigeria presents a remarkable opportunity for economic enhancement, serving as a pivotal component for the nation's diversification strategy away from oil dependency. With a vast array of untapped mineral resources, increased mining activities can significantly contribute to job creation, thereby reducing ...
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During Tinubu's visit to France, Nigeria's Solid Minerals Ministry committed to developing projects to improve the critical minerals value chain Pulse Nigeria On December 1, 2024, Nigeria and France signed a …
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The innovative Nigeria Mineral Decision Support System (NMDSS) played a significant role in wooing South-African investors at the Roadshow. The online platform launched some months ago by the Minister was touted as the answer to Frequently Asked Questions (FAQ) by mining enthusiasts about Nigeria's mining industry.
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Appropriate management of solid minerals should translate or some say return Nigeria from just a minerals country to a mining country. Any industry that can generate high economic yield, income, technology and massive employment at the same time -even at the risk of price fluctuation and exhaustibility - is source of economic development.
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Nigeria's minerals and mining sector is still largely underdeveloped despite its glorious past and abundance of mineral resources for development, including high-value metallic minerals, industrial minerals, and energy minerals. In 2015, the sector contributed approximately 0.33% to the gross domestic product of the country.
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The operation and works carried out in the course of mineral exploration, inclusive of the search for and exploration of minerals, beneficiation, processing and contract mining all qualify as mineral operations. 10 Legislation deals with matters incidental to the exploration of minerals such as the proprietary titles for exploration 11 and ...
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With just a year away, little has been achieved regarding Nigeria's mining sector. Despite Nigeria's enormous mineral resources, the minerals sector is not a major engine of economic growth and receives little investment. The sector produces less than 0.5% of GDP with limited value chain in the economy. Nigeria's solid minerals are ...
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By Martha Agas, News Agency of Nigeria (NAN) When President Bola Tinubu assumed office on May 29 2023, he vowed to elevate Nigeria's economic standing by diversifying its mono-cultural economy. One of his key strategies is the revitalisation of the solid minerals sector. This is important following Nigeria's endowment with seven critical minerals needed for
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Nigeria has been a trailblazer in the global mining industry, exemplified by its leadership in the Africa Minerals Strategy Group. Dr. Dele Alake, Nigeria's Minister of Solid Minerals Development, emerged as the pioneer chairman of this group, showcasing his capability and impact since his appointment.
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Today, it remains one of the country's most well-established sectors. Nigeria's Ministry of Solid Minerals has announced a free mining training deal it entered into with Australia's Ministry of Mining. With the right policies, …
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...the mining sector, the Federal Government through the Ministry of Solid Minerals Development, has launched a gender strategy policy
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Nigeria is richly endowed with variety of solid mineral deposit found across the thirty six (36) states of the federation and the Federal Capital Territory (FCT), Abuja. Despite the huge reserves of solid minerals, Nigeria is regarded as a non-mining nation, and the contribution of this sector to the economy is minimal.
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ABUJA – The Minister of Solid Minerals Development, Dr. Dele Alake, has reaffirmed his commitment to revitalizing Nigeria's mining sector through strategic reforms and inter-agency collaboration.. During the House Committee on Solid Minerals' oversight visit to the Ministry's headquarters on Thursday, November 14, 2024, Dr. Alake outlined the Ministry's …
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Nigeria is positioning itself as a top destination for mining investments, aiming to unlock its $700 billion solid minerals sector. The FG, through the mining ministries, is actively engaging foreign investors across the globe by showcasing Nigeria's solid minerals potentials for sustainable development.
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The strategies that can be used for exploration of solid mineral in Nigeria should includes resource control policy, exploration of mineral resources should be private sector, the tenure of the...
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From January to September 2024, Nigeria exported solid minerals worth nearly 200 billion Nigerian naira, roughly 133.3 million U.S.
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The country's mineral wealth is distributed across states, creating opportunities for regional development. For instance, gold deposits are abundant in Zamfara, Osun, and Niger states, while limestone is found in states like Kogi and Cross River. These resources could drive industrialisation, create jobs, and contribute significantly to Nigeria's GDP if properly harnessed.
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Federal Government through the Ministry of Solid Minerals Development, has launched a gender strategy policy
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Minvalgroup Nigeria is a leading mining advisory firm, specializing in providing comprehensive management consulting services throughout the entire life cycle of a mineral asset. From early-stage exploration through to project development and full-scale production, we offer tailored solutions to help mining companies navigate the complexities ...
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LCCI Calls for Comprehensive Mining Strategy. The President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel… Shittu Fowora; July 19, 2024; ... Nigeria's Solid Minerals Sector: Progress and Challenges Under Tinubu's Administration. When President Bola Tinubu assumed office on May 29, 2023, he pledged…
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The solid minerals sector in Nigeria, abundant with 44 viable minerals, holds tremendous potential for economic diversification beyond the country's reliance on oil.
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The discussion centred on Nigeria's energy transition roadmap and the development of the critical mineral value chain. Dr. Alake stressed the importance of inter …
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The Minister of Solid Minerals Development, Dr. Dele Alake is seeking stronger trade ties between Nigeria and the United Arab Emirates (UAE), particularly in the solid minerals sector. He made the call while meeting with UAE Ambassador Salem Shaeed Al Shamsi in his office, highlighting the over 50-year relationship between the two nations.
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Nigeria's economy was largely dominated by agriculture and mining of solid minerals prior to the discovery of crude oil in 1956. The agrarian economy, characterized by the export of cash crops like palm produce, cocoa, rubber, timber, and groundnut, positioned Nigeria as a major exporter of farm produce.
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Strategies for Solid Minerals Development in Nigeria There should be an urgent review and activation of the mineral and mining act of 1999, this will ensure the security of mineral right tenure with ... mining sector. The diversity of the Nigeria metallic and non metallic minerals will provide willing investors the confidence they need in their ...
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To exploit the nation's mineral endowments in an environmentally sustainable manner and establish a vibrant minerals and metals industry for wealth creation, poverty reduction, …
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Based on the findings of this study, the problems of solid minerals in Nigeria are inadequate basic infrastructural, illegal mining, unfavorable laws in the sector, high capital outlay,...
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The Minister of Solid Minerals, Dr. Oladele Alake. The Minister of Solid Minerals, Dr. Oladele Alake has emphasised the pivotal role of a solid minerals corporation in attracting both local and foreign investments to the sector, as part of his vision to revitalise and transform Nigeria's mining sector for rapid development. Alake, who was speaking…
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Evidence revealed that mineral resources are available in large quantities and distributed across the country but the strategies for exploration has been the major obstacles to the success in Nigeria. This paper therefore, studies the problem and ... Problems and Strategies for Exploration of Solid Mineral Resources in Nigeria.
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