Nigeria Attracts $3bn Investment in Solid Minerals Sector
The Federal Government on Wednesday disclosed that Nigeria’s solid minerals sector has attracted about $3bn in investments within the last three years, describing the inflow as one of the most significant achievements recorded in the industry’s...
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
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
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
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
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...