Nigeria Revokes 1,263 Mineral Licences

Nigeria Revokes 1,263 Mineral Licences

The Minister of Solid Minerals Development, Dr Dele Alake, has approved the revocation of 1,263 mineral licences over default in payment of annual fees.Alake gave the approval in a statement by his Special Assistant on Media, Segun Tomori, on Sunday...
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FG sets aside N5b for local miners

FG sets aside N5b for local miners

The Federal Government has set aside N5 billion to empower artisan miners across the country as part of measures to ensure participation of all Nigerians in economic development. The Minister of Mines and Mineral Resources, Dr. Kayode Fayemi, disclosed this...
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‘Nigeria mining jurisdiction now better rated in investment risk profile’

‘Nigeria mining jurisdiction now better rated in investment risk profile’

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has attributed the recent growth in the mining sector and the improvement in the investment risk profile of the country’s mining jurisdiction to the success of the reforms being put...
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‘Council will increase growth in mining sector’

‘Council will increase growth in mining sector’

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has said that the newly inaugurated National Council on Mining and Mineral Resources Development (NCMMRD), would help accelerate growth in the sector, through adequate oversight and guidance as wel...
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FG approves N30 billion for mining

FG approves N30 billion for mining

The Federal Executive Council (FEC) on Wednesday approved N30 billion intervention fund for mining exploration in the country. Addressing Journalists after the meeting presided over by President Muhamadu Buhari, the Minister of Mining and Steel Development,...
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