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Solid Minerals

8 Oct
The Federal Government is aiming to transform the mining sector by automating most of its operations including licensing and data.
16 Jul
Minister of Mines and Steel Development, Olamilekan Adebgite, Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Orji Ogbonnaya Orji, and other stakeholders
22 Jun
A bill for an act to establish Solid Minerals Producing Areas Development Commission has passed second reading at the Senate. The passage followed the presentation of the lead debate by the sponsor of the bill, Sen. Yakubu Oseni (APC-Kogi) during plenary on Tuesday. The bill is titled: “A Bill for an Act to establish the…
17 Mar
The Federal Government and Oyo State Government have vowed to use solid minerals as springboard for the diversification and development of the economy.
25 Nov 2020
The Minister of Mines and Steel Development, Olamilekan Adegbite has stated that his ministry needs funds to drive exploration activities, even as the government seeks to de-risk the sector.
21 Oct 2020
Solid Minerals Development Fund (SMDF) has decried the share of mining and quarrying in total bank credit, saying the sector accounts for an insignificant portion of the private sector credit. According to the organisation, the sector is allocated only N11 billion out of several trillions of naira banks have lent to the private sector. It…
15 Sep 2020
Nigeria is gifted with large quantities of solid minerals across virtually every state of the federation. Like oil and gas, solid minerals are essential to the country’s development due to their manifold utility. Thus, state governments have a vital role to play if governance in the mining sector will improve and subsequently have a positive…
8 Sep 2020
As Nigeria focuses more on the Solid Minerals sector for economic growth and diversification, the need to ensure that all protocols guiding the exploitation of the natural resources are observed is paramount.   Experts warned that pursuing economic growth through the minerals sector without paying adequate attention to the environment is most likely to become…
19 Aug 2020
The Minister of State Mines and Steel Development, Dr Uchechukwu Ogah, has set up a Joint Technical Committee with the Revenue Mobilization Allocation and Fiscal Commission
16 Mar 2020
Despite being blessed with a lot of solid minerals, the sector has only contributed N400 billion to the Nigerian economy in 12 years.
12 Feb 2020
Nigeria’s solid minerals industry is believed to have the capacity to generate yearly revenue of $60 billion if properly harnessed. To achieve this, investors need to have an idea of how the cadastre system works, considering the country’s reputation as it relates to regulation.
29 Jan 2020
Stakeholders familiar with activities in the solid minerals industry note that the sector is capable of generating a yearly revenue of $60 billion if properly harnessed.

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