FG Inaugurates Marshals To Combat Illegal Mining

FG Inaugurates Marshals To Combat Illegal Mining

As part of measures to tackle unauthorized mining activities, the Minister of Solid Minerals Development, Dele Alake, has launched the inaugural group of Mining Marshals Corps.  Presenting the Mining Marshals in Abuja on Thursday, Alake explained that the mining marshals have...
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Russian Firm, Rosatom Commences Exploration Of Lithium In Edo

Russian Firm, Rosatom Commences Exploration Of Lithium In Edo

One of Europe’s largest nuclear energy companies, Rosatom, has commenced exploration of lithium in Edo State and has gotten the state government’s approval to build a lithium processing plant. The Commissioner of Mining and Energy, Enaholo Ojiefoh, who dis...
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ECOMOF 2024: UBA Reiterates Support For African Economic Expansion Through Strategic Supports For Mining, Oil Sectors

ECOMOF 2024: UBA Reiterates Support For African Economic Expansion Through Strategic Supports For Mining, Oil Sectors

United Bank for Africa (UBA) Plc has reaffirmed its unwavering commitment to spearhead economic growth across the continent through targeted policies aimed at maximizing the benefits derived from the mining and oil sectors.  To this end, the bank is poise...
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Nigeria Revokes 1,633 Mining Licenses

Nigeria Revokes 1,633 Mining Licenses

The Federal Government of Nigeria, through the Minister of Solid Minerals Development, Mr Dele Alake, has announced the revocation of mineral titles of 1,633 holders with a stern warning to the former title holders to vacate the relevant cadastre immediately.....
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Lagos Seeks Collaboration With Nigerian Mining, Geoscience Society

Lagos Seeks Collaboration With Nigerian Mining, Geoscience Society

The Special Adviser on Mineral Resources, Engr. Abiola Olowu has urged the Nigerian Mining and Geosciences Society to join hands with the present administration in the State to advance the understanding and application of geology, geophysics and related discip...
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Nigeria Issues Illegal Miners 30-Day Ultimatum

Nigeria Issues Illegal Miners 30-Day Ultimatum

The Federal Government of Nigeria has issued a 30-day ultimatum to illegal miners to desist from such activities in the country. Speaking during a press conference in Abuja on Sunday, the Minister of Solid Minerals Development, Dele Alake, explained that...
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<strong>First Bank Reiterates Commitment To Funding Mining Sector</strong>

First Bank Reiterates Commitment To Funding Mining Sector

First Bank of Nigeria has reiterated its support to mining sector development and growth as part of efforts to diversify the nation’s economy. First Bank’s Group Head, Corporate Banking, Energy (Upstream and midstream), Temitayo Osundosumu, said this durin...
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FG Flays Double Taxation In Mining Sector

FG Flays Double Taxation In Mining Sector

The Federal Executive Council (FEC), on Wednesday, authorised the finance ministry to directly deduct the federal allocation of any state or local councils found imposing illegal taxes on mining operations. The Minister of Information and Culture, Alhaji Lai M...
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Mining Firm Drags Ebonyi To Court, Seeks N500m Compensation

Mining Firm Drags Ebonyi To Court, Seeks N500m Compensation

A mining company, Crushed Rock Industries Ltd., on Thursday, dragged Ebonyi State Government before the Federal High Court, Abuja, demanding N500 million damages over alleged unlawful shutdown of its quarry site. In an originating summon with suit number: FHC/...
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NEITI: Nigeria Earns N69.47b From Solid Minerals Sector In 2018

NEITI: Nigeria Earns N69.47b From Solid Minerals Sector In 2018

Nigeria earned N69.47 billion from the  Solid Mineral sector in 2018, the Nigeria Extractive Industries Transparency Initiatives ( NEITI), has disclosed. NEITI disclosed this in its latest audit report of the solid minerals sector released on Sunday in Ab...
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Nigeria Suspends Mining Activities In Zamfara

Nigeria Suspends Mining Activities In Zamfara

The Federal Government has announced the suspension of all forms of mining activities in Zamfara, and ordered all foreigners engaged in mining activities to leave the area within 48 hours. The acting Inspector-General of Police, Muhammed Adamu, who disclosed t...
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Ijelu Mining, Makerere Capital Partner Canada Limited On Financing, International Partnership

Ijelu Mining, Makerere Capital Partner Canada Limited On Financing, International Partnership

Ijelu Mining and Construction Nigeria Limited in association with Makerere Capital Partners Canada Limited of Toronto are co-sponsoring a Strategic Alliance Summit (SAS) during the Africa Accelerating event from the 22nd to 26th October, 2018 in Canada; toward...
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Mineral Resources:  Fayemi seeks partnership with varsities

Mineral Resources: Fayemi seeks partnership with varsities

Mr Kayode Fayemi, the Minister of  Mines and Steel Development, on Monday called for  collaborative efforts with universities  to explore Nigeria’s abundant mineral resources.  He made the plea at the Golden Jubilee celebration  of Geology Department of...
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Mining: FG engages Revenue Consultants

Mining: FG engages Revenue Consultants

The Federal Government has engaged the services of about 100 revenue consultants to work on areas of leakages in the revenue accrued from the mining sector, with a view to shoring up earnings from the sector. The consultants, who would...
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