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Mines Inspectorate Department

Solid minerals as revenue earner?

For so many years, following the lead of the resources that came into the national treasury from oil and gas, the mining of solid minerals has been touted as the next big source of revenue. The memories of solid minerals exploitation, including tin and coal, before the discovery of oil provided some nostalgia about bringing back old revenue sources to life.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

Federal government refute reports of earth tremor in Abuja

The Nigerian Geological Survey Agency (NGSA), has refuted reports of another earth tremor at Mpape community in the Federal Capital Territory (FCT).

Rise in taxes pushed govt’s mining revenue to N69bn – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the federal government’s revenue from mining increased by 23 percent to N69 billion because of increased taxes and royalties in the industry.

481 govt licensed mining firms paid royalties in 2015 – NEITI

Only 481 companies operating under government approved mining or quarrying licences paid royalties in 2015, the latest independent audit report of the Nigeria Extractive Industries Transparency Initiative, NEITI, shows.

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