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Sunday, July 5, 2020

FG earns N52.7bn from solid minerals in one year

The solid minerals sector contributed N52.75bn to the revenue of the federation in 2017, a 21 per cent increase on the N43.22bn contributed by the sector in 2016, the latest report on the industry released by the Nigeria Extractive Industries Transparency Initiative on Sunday...

Canada’s mining firm enters race for Nigeria’s gold rush

By William Clowes AFC makes large investment in Canada’s Thor Explorations Lack of infrastructure, data and financing remain challenges Nigeria’s efforts to persuade investors that it could become a mining destination for metals is receiving a boost from a...

Mining investors, stakeholders lament as Nigeria’s Bitumen import surges, local output slumps

Over 5m metric tonnes imported in April LCCI kicks, calls for replacement with cement By Godwin Oritse & Toyin Chemapo THERE are indications that the construction industry may be experiencing a boom as Bitumen, for the first time, is leading the...

Nigeria suspends mining in Zamfara state after banditry surges

ABUJA, April 7 - Nigeria has suspended mining in the restive northwestern state of Zamfara, a presidential aide and the police chief said on Sunday, amid concerns that illegal miners were connected to a surge in banditry. The suspension underscores the breakdown of security...

Nigeria Produced 55.85m Tonnes of Solid Minerals in 2018 – NBS

The States Disaggregated Mining and Quarrying Data for 2018 reflected Nigeria produced 55,850,075.43 tonnes of solid minerals. Ogun State produced the highest tonnes of solid minerals among the 36 States and the FCT. The State produced 16,497,405.35 tonnes of solid minerals representing 30% of...
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