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Alake Seeks Increased Funding, Legislative Support For Mining Sector

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.  

LCCI: FG Must Address Mineral Challenges To Reduce Oil Dependency

LCCI: FG Must Address Mineral Challenges To Reduce Oil Dependency The Lagos Chamber of Commerce and Industry (LCCI), has charged the Federal Government that, even though the policy to regulate the solid minerals sector in Nigeria has potential economic benefits, the need to address the...

FG Trades N72.4bn Solid Minerals In Q3, 2021

FG Trades N72.4bn Solid Minerals In Q3, 2021   The National Bureau of Statistics (NBS) has said Nigeria traded a total of N72.4 billion solid minerals in the third quarter (Q3) of 2021. “The total value of solid minerals trade in Q3 2021 stood at N72.4 billion,”...

In Nine Months, Nigeria Imports N143bn Solid Minerals

In Nine Months, Nigeria Imports N143bn Solid Minerals   Nigeria imported solid minerals worth N143.1bn from January to September this year, according to data collated from the National Bureau of Statistics. The NBS data also show that the country exported N42.5bn solid minerals in the nine-month period,...

Nigeria Earned N79.96bn From Solid Minerals – NEITI

Nigeria Earned N79.96bn From Solid Minerals – NEITI       The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria earned N79.96bn from the solid minerals sector in 2019, according to its 2019 audit report on the sector, released on Sunday, in Abuja. It said that the figure, which...

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...