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Nigerian Minerals and Mining Act

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.

Federal government to set up guidelines to prevent unprocessed minerals export

The Ministry of Mines and Steel Development says it has finalised guidelines on solid mineral export to ensure that unprocessed solid minerals are not taken out of Nigeria.

Federal govt orders BUA to vacate and stop mining on disputed Mines site

The Federal Government has directed the Management of BUA Group to vacate and stop mining activities in the disputed location within Mining Lease No 2541ML.

Federal govt names pilot states in gold purchase scheme

The Federal Government has announced plans to commence a Gold Purchase Scheme early next year, aimed at increasing revenue accruable from the country’s abundant gold deposit.

House of Reps discharge committees of 19 bills

The House of Representatives has discharged 19 of its Committees of bills referred to them in pursuant to Order 17, Rule 3 (g) of the Standing Orders of the house.

Dangote accuses BUA of stealing and illegally mining limestone on its properties

Management of Dangote Group over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease No. 2541, located in a boundary town of Oguda/Ubo in Okene Kogi State.

Minister Kayode Fayemi wants mining removed from exclusive concurrent legislative list

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has canvassed an urgent review of the country’s laws to allow states play more prominent roles in mining issues as a necessary step in making the mineral and mining sector more profitable.

Minister Kayode Fayemi expresses worry over low investment in mining sector

The Minister of Mines and Steel, Dr Kayode Fayemi, has expressed concern over low investment in the mining sector.

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