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...

Federal Govt Seeks Increased Revenue From Mining   The Federal Government is seeking the collaboration of stakeholders in the mining sector to generate more revenue from the country’s solid mineral deposits. Minister of Mines and Steel Development, Olamilekan Adegbite, informed a delegation from the Mining Association of...

Mining: FG To Seek Funding From NEXIM, BOI The Federal Government says it will soon approach key financial institutions including the Nigeria Export-Import Bank and the Bank of Industry to open new desks to oversee the funding of mining projects in the country. The coordinator of...

FG Decries Huge Loses to Illegal Mining   The federal government has lamented the activities of illegal miners across the country. It noted that 80 per cent of mining activities in Nigeria are illegal, causing the country to lose billions of Nigeria annually and greatly constraining the...

NEITI To Unveil Owners Of Mining, Oil Assets In 2019   The Nigeria Extractive Industries Transparency Initiative (NEITI) has set December 31, 2019, for the unveiling of a comprehensive register of beneficial owners of oil, gas and mining companies in Nigeria. The Executive Secretary, NEITI, Dr. Waziri...

91 Firms Sign Community Mining Agreement in 2017-Ministry The Ministry of Mines and Steel Development says 91 mining firms signed the Community Development Agreement (CDA) with their host mining communities in 2017. Mr Salim Salaam, the Director, Mines Environmental Compliance Department of the ministry, disclosed this...