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Nigeria Imports N35.2bn Solid Minerals In Three Months

Nigeria Imports N35.2bn Solid Minerals In Three Months         Nigeria exported N5.5bn solid mineral goods while the import component stood at N35.2bn in the third quarter of 2020. This was disclosed in the foreign trade statistics report for the third quarter of 2020 obtained from the National...

In Six Months, Solid Minerals Export Earnings Drop By 80% To $3.16bn

In Six Months, Solid Minerals Export Earnings Drop By 80% To $3.16bn       Nigeria’s solid minerals export dropped by 80.1 per cent or N12.76 billion to N3.16 billion in the first half of 2020 compared to N15.88 billion recorded in the same period in 2019. Data obtained...

States To Take Full Control Over Solid Minerals

States To Take Full Control Over Solid Minerals   The Federal Government said on Monday that a committee led by the Chairman of the Nigeria Governors’ Forum, Kayode Fayemi, has started working on an arrangement that would enable states to enjoy full control of the solid...

In 3 Years, Nigeria Exports N90.33bn Solid Minerals

In 3 Years, Nigeria Exports N90.33bn Solid Minerals   Solid minerals worth N90.33bn were exported between 2015 and 2017, the latest report by the Nigeria Extractive Industries Transparency Initiative has stated. An analysis of the report also showed that China emerged the biggest importer of Nigeria’s solid...

NEITI: Nigeria Made N52.8bn From Solid Minerals In 2017

NEITI: Nigeria Made N52.8bn From Solid Minerals In 2017     The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday said that Nigeria’s solid minerals sector contributed the total sum of N52.75 billion to the federation’s revenue in 2017 fiscal year. It said the revenue represented a 21 per...

Mineral Producing States Want 13% Derivation Payment

Mineral Producing States Want 13% Derivation Payment   State governments are demanding the payment of 13 per cent derivation from revenue accruing from solid minerals mined in their territories. Deputy Governor of Nasarawa State, Abdullahi Sule, said the money should be paid to the states in an...