FG Targets 308% Increase In Mining Revenue, 144,000 Jobs   The Federal Government has disclosed plans to increase the mineral sector’s contribution to the economy by growing revenue generated from mining to N9.28bn by 2025. Figures contained in the National Development Plan obtained by Economic Confidential showed...

On The Industrial Internet Of Things (IIoT), by Inyene Ibanga       Minerals are a major source of income for many countries. They are the raw materials that drive the global economy. Most developing countries depend on these resources for economic development. Like in most other industries, technological...

NEITI, CSOs Seek Transparency In Oil, Mining Contracts       The Nigerian Extractive Industries Transparency Initiative, the Centre for Transparency Advocacy and the Media Initiative for Transparency in Extractive Industries on Thursday faulted the level of transparency in oil and mining sectors contracts. All three parties called on...

Mining To Contribute 5% To Nigeria’s GDP By 2025 — Fed Govt         The Minister of Mines and Steel Development, Architect Olamilekan Adegbite, has said that the ministry has a target of increasing the mining sector’s contribution to the nation’s Gross Domestic Product, GDP, by 5%...

Mining Can Address Nigeria’s Infrastructure Deficit – Adegbite       Nigeria’s huge infrastructure deficit can be addressed by sourcing and utilising the raw material inputs from the country’s mining sector, the Minister of Mines and Steel Development, Olamilekan Adegbite, said on Thursday. He said this while delivering his...

Chinese Mining Activities In Nigeria Not Beneficial, Minister Says   The Federal Government has frowned on China’s domination of the Nigerian mining sector, noting that the development had not helped the country’s economy. Chinese businessmen and firms, alongside other Asians, are the major players in the exploitation...