mining ministry in nigeria

THE LEGAL AND REGULATORY FRAMEWORK FOR …

II. The Institutional Framework. The Mineral and Mining Act vests "the entire property in and control of all the minerals in, ...or upon the any land in Nigeria, ... in the Government of the Federation..."5. This is affirmed by the 1999 Constitution6. This puts Government in a frontal role in mineral development through the Federal Ministry ...

PROCEDURE FOR OIL MINING LEASE IN NIGERIA

The grant of oil mining lease in Nigeria depends on the holding of an oil prospecting license. Every holder of oil prospecting license who has discovered oil in commercial quantities is entitled to the grant of oil mining lease. The licensee must be able to produce a minimum of 10,000 barrel per day of crude oil from the acreages or licensed …

Nigeria Unveils New Geological Map For Mining investment

On Oct 17, 2023. The Nigerian government has unveiled a first-of-its-kind geological map to show investors the locations and other potentials of Mineral deposits across the country. The unveiling was made by Nigeria's President, Bola Tinubu, represented by the Secretary to the Government of Federation, Senator George Akume, the Minister of ...

Nigeria Unveils Mining Guidelines for harmonized operations

The Nigerian government has unveiled Mining Guidelines for production of Community Development Agreements (CDAs) to harmonize natural resources extraction between government, mining operators and the host communities. The unveiling of the Revised Guidelines for the CDAs was organised by the Ministry of Solid Minerals …

In brief: mining rights and title in Nigeria

Foreign parties that wish to acquire mining rights in Nigeria may only do so through a company incorporated in Nigeria. This company may be 100 per cent foreign-owned.

First-world policies: Nigeria's mining minister on form

By Laura Cornish. August 23, 2022. The oil and gas sector in Nigeria has and remains the driving force behind Nigeria's large-scale economy, but Minister of Mines and Steel …

Nigerian Mining Sector Brief | 1 Nigerian Mining Sector …

Overview of the Nigerian Mining Sector . Mineral Endowment. 2.1 Coal. 2.2 Bitumen. 2.3 Limestone. 2.4 Iron-Ore. 2.5 Barites . 2.6 Lead-Zinc. 2.7 Gold. 3 Legal and Regulatory …

Nigeria Mining Cadastre Office | Home

The Nigeria Mining Cadastre Office provides the entry point from which investors would commence their journey by seeking information and applying for the category of license …

Artisanal & Small-Scale Mining – Ministry of Solid Minerals …

The Artisanal and Small-scale Mining (ASM) Department is one of the departments in the Ministry of Mines and Steel Development that was created during the mining sector reform in 2006. The Department through appropriate policy formulation, implementation and monitoring; organizes, supports, regulates and promotes artisanal and small-scale ...

COMEG

The Council of Nigerian Mining Engineers and Geoscientists (COMEG) is the regulatory body for all professionals and firms in the Geosciences, Mining Engineering and Metallurgy in the country. COMEG was established through ACT No. 40 of 1990 and was inaugurated on 12th September, 2000. ... Ministry of Mines and Steel Development, Abuja, Nigeria ...

Nigerian Mining Corporation

Nigerian Mining Corporation. The NMC is a Federal Government Public Statutory Corporation established by Decree number 39, as contained in Gazette No 54, Vol. 59 of 1972, and amended by Decree 34 of 1976 (now NMC Act, Cap. 317, 1990). The NMC as provided by the Decree was to play a dominant role and to act as a catalyst in the …

mining News — Latest On Mining — — The …

Solid Minerals, Defence ministry partners to secure mining environment. Nigeria. FG sets agenda for mining investors, revokes 1,633 minerals licenses. Nigeria. Technology to play crucial role in ...

Valid Mining titles | Ministry of Mines and Steel Development

E-Services provided by Ministry of Mines and Steel Development. TOLL FREE: 080 0020 00300 +234 908 740 4761, +234 908 740 4762, +234 908 740 4763 ... the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, Abuja, F.C.T., Nigeria. Call Us: +234 9 523 9064

A Potential Game Changer For The Nigerian Mining Sector

Nigeria is blessed with over forty-four (44) identified solid mineral resources in commercial quantities. Yet, the contribution of the mining Sector to the country's gross domestic product (GDP) has remained less than 1% in each of the past five (5) successive years – although, it has consistently grown over the same period to 0.85% in 2022 (from …

THE PROCEDURE AND COST FOR OBTAINING MINING LICENSE IN NIGERIA

The Mining Cadastre Office within the Ministry of Mines and Steel Development (MMSD) is responsible for the issuance of mining licenses and permits. ... In conclusion, the Nigerian mining sector is thriving and it continues to attract increased attention and focus from the government and investors, both foreign and domestic. …

Mining Sector To Experience Major Leap In 2024- Minister

On Jan 1, 2024. The Minister of Solid Minerals Development, Dr. Dele Alake says the mining sector will experience a major leap in 2024 towards contributing substantially to the nation's Gross Domestic Product (GDP). In his new year goodwill message to Nigerians, Dr. Alake reiterated that President Bola Tinubu's vision of diversifying the ...

Gold Occurrence in Nigeria | Ministry of Mines and Steel …

PROCEDURE FOR OBTAINING A MINING LEASE IN NIGERIA …

Section 60 of the Act stipulates that the duration of a Mining Lease is 25 years, which is subject to renewal, provided that the holder has complied with minimum work programme and all other legal and regulatory requirements for mining in Nigeria. The mining lease area shall be determined in relation to the ore body as defined in the ...

OVERVIEW OF THE NIGERIAN MINING SECTOR: …

Notably, the Nigerian mining sector would experience significant visibility where the economic diversification project of the World Bank through its grant of US$ 150.00 million to the Ministry of Mines and Steel (MMS) through the Ministry of Finance is well utilized and the is project properly executed. The project is aimed at enhancing the ...

Mining Sector To Experience Major Leap In 2024

Nigeria. Mining Sector To Experience Major Leap In 2024- Minister. By Hauwa Gidado, Abuja. On Jan 1, 2024. The Minister of Solid Minerals Development, Dr. …

Contact Us | Ministry of Mines and Steel Development

All you need to know about Nigeria's new mining …

December 17th, 2021. By. Shoshana Kedem. Image : Kola Sulaimon/AFP. In November, the Nigerian government unveiled plans to revise its crucial mining law, the Nigeria Minerals and Mining Act (NMMA). The …

Nigeria, Saudi Arabia Pledge Collaboration on Mining …

We are willing and open to investments in Nigeria, especially in the mining sector", the Minister asserted. ... The Federal Ministry of Information and National Orientation serves as the Federal outfit responsible for the dissemination of essential and vital information which will enhance and facilitate democratic governance of Nigeria as a ...

Ministry Of Marine And Blue Economy In Nigeria: History, …

In the Nigeria context, Marine and Blue Economy is how Nigeria can sustainably use its 853 km coastline for economic growth, improved livelihoods and jobs creation while preserving the health of ocean ecosystems. Here is the timeline of how the Federal ministry of Marine and Blue Economy was created in Nigeria, its agencies, and …

Home

Ministry of Mining and Energy. W elcome to the official website of the Ministry of Minerals and Energy in Edo State, Nigeria. We are responsible for the development and regulation of the mining sector in Edo State, Nigeria. The ministry was established in 23 rd of January, 2009 and is headed by the Commissioner for Mining, Oil …

Mining Beneficiation in Nigeria: 5 Important Considerations

In Nigeria, the Mining Sector has been underperforming since the 1970s, and mining beneficiation offers a credible solution to the numerous problems faced by the industry, whilst boosting overall economic development. ... and weak institutional capacity of the ministry to properly regulate the industry. Nigeria is blessed with over forty ...

Miners Association of Nigeria

Explore the Miners Association of Nigeria (MAN) and its mission to advance the mining sector in Nigeria. Learn how MAN collaborates with government bodies, financial institutions, and stakeholders to promote growth and development in the industry.

An in-depth look at the current state of mining in Nigeria

An in-depth analysis on mining in Nigeria. By Guest Contributor. October 27, 2020. The economy in Nigeria has been growing slowly since the oil price slump of 2014. Since then, volatility of global oil prices has negatively impacted growth performance. Between 2000 and 2014, GDP grew at an average of 7% annually.

List of Agencies of the Ministry of Steel Development in Nigeria

Nigeria's Mines and Steel Development Ministry was established in 1985 with the aim of developing a road map, mining, and exploration of mineral resources in Africa's most populous country. Called FMMSD for short, the ministry has seven agencies, 12 departments with 17 divisions, and nine units to help adequately harness the mineral ...

Nigeria

The Ministry of Mines and Steel Development secured a $150 million World Bank loan for enhancing mining projects and infrastructure development and has also drawn down funds from the Nigerian government's $73 million (30 billion naira) Natural Resource Intervention Fund, which it will use to explore new minerals and enhance …