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Solid Mineral Exporters Owe N17bn Royalties — Minister

Solid Mineral Exporters Owe N17bn Royalties — Minister       The federal government has disclosed that solid minerals exporters have failed to remit about N17bn in royalties to her. Only 56 of the 2,670 mineral exports from Nigeria between January 2013 and June 2017 had valid mineral export...

COVID-19 Hindering Ajaokuta Technical Auditors – Minister

COVID-19 Hindering Ajaokuta Technical Auditors - Minister       The Federal Government has received funds for the establishment of regional mineral projects in all regions and has explained that the COVID-19 pandemic was preventing the arrival of technical auditors for the completion of Ajaokuta Steel plant. According to...

Mining To Contribute 5% To Nigeria’s GDP By 2025 — Fed Govt

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%...

We’ll Make It Illegal To Export Raw Minerals – Adegbite

We’ll Make It Illegal To Export Raw Minerals - Adegbite       The Minister of Mines and Steel Development, Olamilekan Adegbite, has said that the ministry is working on law to make it illegal to export minerals without adding value to them. The minister said that Nigeria could...

Mining Can Address Nigeria’s Infrastructure Deficit – Adegbite

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...

Metals Import Gulps $3.3bn Yearly – Minister

Metals Import Gulps $3.3bn Yearly - Minister     Nigeria spends about $3.3bn every year on the importation of metals, the Minister of Mines and Steel Development, Olamilekan Adegbite, stated on Monday. He stated this in his remark at the takeover ceremony of assets of steel plants of...