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Nigerian Minerals and Mining Act
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 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.
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.
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.
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.
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.
The Minister of Mines and Steel, Dr Kayode Fayemi, has expressed concern over low investment in the mining sector.
The Catholic Bishop, Sokoto Diocese, Matthew Hassan Kukah, has observed that killings in 20 out of 36 states of the federation and other abnormalities are indications that Nigeria is at a breaking point.
Religious and world leaders have condemned a series of blasts in Sri Lanka that killed more than 150 people on Sunday, including dozens of foreigners — with British, Dutch and American citizens believed to be among them.
Liberia and Niron Metals Plc have signed a Memorandum of Understanding for the passage through Liberia, of iron ore, from the Zogota iron ore deposit in the Republic of Guinea.
A large hoard of cash has been found at the home of Sudan’s ousted president Omar al-Bashir and he is now being investigated for money laundering, prosecutors say.
Thomas Lemar hopes Antoine Griezmann will still be an Atletico Madrid player next season, while the winger accepts he has more work to do to fully adapt to life in LaLiga.
Four people have been killed as an attack on a police station in Saudi Arabia's central Riyadh province was foiled, Saudi-owned Al Arabiya television said on Sunday, citing sources.
The Assistant Inspector General (AIG) of Police in Zone 6, Musa Kimo, has warned that the service will not tolerate the killing of innocent Nigerians by any of their men or officers.
The Jigawa State Police Command has confirmed the death of three friends, who have drowned in an old well in Basirka town at Gwaram Local Government Area of the state.
Students of Obafemi Awolowo University, Ile Ife, on Tuesday took to the street to protest against the alleged proscription of the students’ union by the management of the institution.
Former Senate Minority leader, Godswill Obot Akpabio, has denied allegations that he called the All Progressives Congress (APC) evil and was considering returning to the Peoples Democratic Party (PDP).