Tag Archives: mining

According to Daily Trust, land ownership disputes for solid minerals sites between states and the Federal Government have been a contentious issue among stakeholders in the industry.  The contention is slowing down the growth of the mining sector at a time the President Buhari administration is intensifying effort at developing the sector for national economic diversification and development. Many genuine ...

Pulse reports that The Federal Government of Nigeria (FGN) has announced it will begin mining of the rich bitumen deposits in the Ondo state This is towards diversifying the economy and boosting foreign exchange earnings of the country. The government has awarded a mining licence to the state government to explore a natural resource that in its opinion could be ...

Hon. Chief Solomon Kpomah, Chairman Udu Local Government Council has made it known that the potential for income generation and development of the Udu Local Government Area can only be enhanced when operations at the Premium Steel & Mines Limited plant are resumed; a reality that can only come to be when the Assets Management Company of Nigeria (AMCON) plays ...

New Telegraph reports that Ebonyi state government has shut down illegal mining in Amaeka Ezza south local government area, Enyigba in Abakaliki local government and Ikwo local government areas of the state. According to New Telegraph, the Commissioner for Solid Mineral Development, Chief Sabinus Nwankwegu disclosed this during a meeting with informal miners in the affected illegal mining sites. “We ...

The Governor of Anambra State, Willie Obiano has banned illegal mining and extraction of solid minerals in the state. The Guardian reports that the ban was announced by the governor while he was receiving a delegation from the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) in Awka, the state capital. The delegation is on a nationwide tour, The Guardian reports. ...

The Governor of Enugu State, Ifeanyi Ugwuanyi, has urged the Federal Government to compel companies with licences or leases to mining fields in the state to start operations or have such rights revoked. According to Vanguard, the governor expressed that the practice of holding on to mining leases without utilising them could be eliminated if governors were involved in the review ...

Reports show that the Federal Executive Council, on Wednesday, has approved the release of a N30 billion intervention fund for mining sector development. The Guardian reports that the Minister of Mines and Steel, Kayode Fayemi, made it known that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from the oil sector. Addressing ...

Reports show that the Minister of Mines and Steel Development, Dr. Kayode Fayemi, said his ministry is set to provide logistics and technical assistance to state governments, in a bid to invest in the mining sector. National Mirror reports that the Special Assistant (Media) to the minister, Yinka Olabode, made this known in a statement made available to newsmen, Tuesday, in Abuja. According to the statement, the minister gave the hint when he ...