The government will hold no more than a 25% stake in the proposed Nigerian Solid Minerals Corp, leaving the rest to private investors and the public, Solid Minerals Minister Dele Alake said at a ...
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Last updated Dec 14, 2023. Nigeria's Minister of Solid Minerals, Mr Dele Alake, says his ministry has discovered about forty-four (44) economically viable solid mineral deposits in the country, which are in high global demand. Alake made the assertion on Wednesday when he appeared before the House of Representatives Committee on Solid ...
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Nigeria, Qatar sign agreements on education, solid minerals, others. President Bola Tinubu yesterday in Doha said Nigerian youths were worth every investment as they are educated, reliable and ...
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The Mineral Industry of Nigeria, 2016 (PDF) By National Minerals Information Center August 24, 2021. myb3-2016-ni.pdf (304.63 KB)
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Despite the abundance of solid minerals in the country, the country realised only N33.86 billion from the sector in 2013. This figure is contained in the 2013 Solid Minerals, Oil and Gas Audit released by the Nigeria Extractive Industry Transparency Initiate, NEITI, in Abuja on Monday. Out of 619 companies that made …
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Mon, 21 Nov 2016 2:00:00 WAT. The President of Nigerian Society of Chemical Engineers (NSChE), Prof Emenike N. Wami, says there are 44 solid minerals spread across Nigeria which if harnessed can yield revenues for the country. Wami stated this while declaring the 46th Annual Conference/AGM of the society in Abuja, open at the weekend. "There ...
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The Debt Management Office (DMO) sold T-bills valued at ₦1.18 trillion across its auctions in December 2023, representing 11.9 per cent (₦126.06 billion) month-on-month (MoM) increase on the ...
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6th February, 2024. Nigeria broke new grounds in the global mining industry on Monday, clinching the chair of the newest mining pressure group, the Africa Minerals Strategy Group. Nigeria's Minister of Solid Minerals Development, Dr. Dele Alake was unanimously elected the pioneer chairman of the group. Speaking at the signing of the ...
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Last updated Dec 14, 2023. Nigeria's Minister of Solid Minerals, Mr Dele Alake, says his ministry has discovered about forty-four (44) economically viable solid mineral deposits …
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THE Minister of Solid Minerals Development, Dr Dele Alake, Monday, assured Nigerians and investors of a major leap of the solid minerals sector in 2024. Alake gave the assurance in a New Year ...
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The Minister of Solid Minerals Development, Dr. Oladele Alake, and United States Assistant Secretary for Energy and Natural Resources Geoffrey Pratt, have agreed to set up a team of officials of ...
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News / 0 comments. The Ministry of Mines and Steel Development is implementing policies and programmes geared towards revamping the sector to the enviable position it held prior to the discovery of crude oil, when the country was one of the 8th mining nations of the world. The Minister of State Mines and Steel Development, Dr …
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He quoted recent reports by audit firm KPMG, which reported that the contribution of mining to Nigeria's Gross Domestic Product (GDP) rose from 0.3 per cent to 0.85 per cent in 2022, indicating ...
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The Nigeria Extractive Industries Transparency Initiative, NEITI, says the country earned an underwhelming N818.04 billion from the Solid Minerals sector in the last 15 years, inspite of its huge deposit of natural resources. But the 10th National Assembly is optimistic of a turn around as the parliament commits to enabling laws. It's the formal The …
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An in-depth analysis on mining in Nigeria. By Guest Contributor. October 27, 2020. The economy in Nigeria has been growing slowly since the oil price slump of …
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Nigeria Exports $9.7m, Earns N69bn from Solid Minerals. November 20, 2017. The Nigeria Extractive Industry Transparency Initiative, NEITI, yesterday, said Nigeria earned N69.2 billion from the solid minerals sector in 2015, an increase of 24 per cent on the N55.8 billion earned from the sector in 2014.
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The Nigerian Extractive Industry and Transparency Initiative, NEITI report suggests that there are over 30 different kinds of solid minerals and precious metals …
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Lift from pages 4 and 5 of Local Sourcing of Raw Materials. Locations of Solid Minerals in Nigeria. 1) Abia: salt, oil/gas, limestone, zinc, lead, zinc. 2) Abuja: …
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Nigeria Mining Week 2023 connected, inspired and created influencers in the African mining industry. The event brought together industry leaders, professionals and stakeholders from around West Africa. More than 53+ speakers shared their knowledge and 200+ Sponsors and exhibitors showcased the latest in mining innovation.
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News Agency of Nigeria • February 16, 2024. The Benue government says 34 out of the 44 solid minerals in the country are found in the state. The state chairman of the Mineral Resources and Environment Management Committee (MIREMCO), Fidelis Mnyim, disclosed this at a news conference on Friday in Makurdi. Mr Mnyim, also the …
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Also the Minister of Solid Minerals Development, Dr Oladele Alake at the Mining Week event said that Nigeria was endowed with valuable solid minerals like Limestone, Gold, Baryte, Bitumen, Lead-Zinc, Coal, and Iron Ore, to mention but a few saying that this natural wealth indicates a significant reservoir poised for exploration and …
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A mineral is a naturally occurring substance that is solid and inorganic, representable by a chemical formula, usually abiogenic and has an ordered atomic structure. The Nigerian Extractive Industry and Transparency Initiative, NEITI report suggests that there are over 30 different kinds of solid minerals and precious metals …
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As has been rightly observed, since Dr. Dele Alake, came in as minister of Solid Mineral, giant leaps have been achieved and have activated strategic policy actions that focus on investment in the $20trillion worth of solid minerals resources embedded in Nigerian soil that if they are properly managed or harnessed can become the bench …
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The solid mineral sector has been targeted by the Nigerian government to lead this agenda of economic diversification as the country has identified forty -four solid minerals minable in commercial quantity.3 However the scourge of illegal mining of these solid mineral is a clear and
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On Feb 8, 2024. Africa has a wealth of solid minerals and a diverse range of natural resources. These include but are not limited to diamond, gold, iron, cobalt, uranium, copper, bauxite, silver, and oil. Nigeria holds a position as the hub for solid minerals within the continent. According to the United Nations, Africa is home to approximately ...
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For enquiries and suggestions, Please contact us. Call on. +2348033111888. Mail at. [email protected]. Office Hours. 8am to 4pm. 44+. There are at least 44 Mineral …
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President of the Senate, Ahmad Lawan, has said Nigeria has a lot more to do if the country must succeed in diversifying its economy by ensuring the development of the solid minerals sector. Lawan made this known on Tuesday in his concluding remark after a bill seeking to establish the Nigerian Minerals Development Corporation scaled …
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