Mining – Page 2 – City Business News

August 13, 2020 No Responses

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 Mohammed, made...

July 10, 2020 No Responses

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/...

March 16, 2020 No Responses

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...

April 8, 2019 No Responses

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...

August 27, 2018 No Responses

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...

January 30, 2018 No Responses

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...

January 23, 2018 No Responses

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...

January 23, 2018 No Responses

Photo News

L-R: Project Coordinator, Revenue Optimisation and Verification Project Mr. Makinde Araoye; Permanent Secretary, Ministry of Mines and Steel Development, Dr Muazu Abdullahi; Director Procurement, Mr. Kehinde Osikoya; and Director Finance and Account, M...