FG Saves N900bn for Infrastructural Funds
With a monthly deduction of N100bn from the gross revenue of the federation, the Federal Government has saved a total sum of N900bn proposed to be spent for state governments’ infrastructural development and security between November 2023 and July...
Nigeria to Embark on $1bn Iron Ore-to-Steel Project in Kogi
Sinomach-He, a Chinese firm, and Chart and Capstone Integrated Limited, a Nigerian company, have signed a memorandum of understanding (MoU) on the proposed $1 billion (N1.6 trillion) iron ore-to-steel project planned in Kogi.
According to a...
According to Dele Alake, the Minister of Solid Minerals Development, Nigeria has recorded a commercial transaction of raw gold sales at the London Bullion Market Association.
FG Unveils Mining Decision Support System to Unlock Economic Opportunities
The Federal Government has unveiled the Nigeria Mineral Resource Decision Support System (NMDSS) to unlock economic opportunities in the mining sector. This innovative platform aims to empower stakeholders, attract investment, and drive sustainable development.
Dr Dele...
Dr. Dele Alake, the Minister of Solid Minerals Development, called for increased government funding and legislative support to overcome the challenges facing Nigeria’s mining sector during an investigative hearing by the Senate Committee on Solid Minerals.
FG Announces Plan to Review Mining Licence Rates
The Federal Government, through the Ministry of Solid Minerals Development, has announced plans to review the rates of mining licences and other fees payable by mining operators in the country.
According to the minister, in a statement signed...
