FG Encourages Mining Companies to Key into Government Policies on Mining

The Minister of Mines and Steel Development Dr. Kayode Fayemi has called on  mining companies especially large scale operators to key into Federal government policies on mining. The Minister made the call while receiving in audience the Board of Directors of the Allied African International Mining Company led by Senator Isa Mohammed. They were in …

FEC Approves N30 Billion for Mining

The Federal Executive Council (FEC) on Wednesday, October 19th, approved N30 billion intervention fund for mining exploration in the country. The Minister of Mines and Steel Development, Dr Kayode Fayemi, disclosed this to State House correspondents at the end of FEC meeting presided by President Muhammadu Buhari. He was accompanied by the Minister of Information, …

Ministry cautions officials over fraudulent activities

The Ministry of Mines and Steel Development has reiterated its commitment and determination to plug all revenue leakages and improve revenue generation from the mining sector. The assurance came against the back drop of criminal activities of some officials of the ministry which was uncovered recently by the underground taskforce team set up by the …

Nigeria and Iran to Strengthen Relations in Mining

The Minister of State for Mines and Steel Development, Hon. Abubakar Bawa Bwari has expressed Nigeria’s interest in strengthening trade relations with Iran especially in the mining sector. The Minister said this when he received the Iranian Ambassador, His Excellency Morteza Rahimi Zarchi who paid a courtesy visit to the Ministry. While expressing appreciation for …

Mining: FG to provide technical assistance to states

Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said that the ministry is set to provide logistics and technical assistance to state governments, in their bid to invest in the mining sector. The Minister who disclosed this on Tuesday when he received Ebonyi State Governor, David Umahi, in his office, said the diversification …

FG Plans Intervention Fund for Mining as Minister Unfolds Plans for States

The Federal Government would soon make available an intervention fund to be accessed by serious-minded operators in the mining sector. The Minister of Mines and Steel Development, Dr Kayode Fayemi, disclosed this, while addressing participants at the opening of the National Council on Finance and Economic Development (NACOFED)  in Abeokuta, Ogun State on Tuesday. He …

Minister Woos Foreign Investors at Mining Conference in China

The Minister of State for Mines and Steel Development, Honourable Abubakar Bawa Bwari has called on foreign investors to key into the Nigerian renewed effort in the repositioning of its mining sector by investing in the mining and beneficiation of the abundant mineral resources in the country. The Minister made the call in his presentation …

Fayemi felicitates with Muslims at Sallah

The Minister of Mines and Steel Development, Dr. Kayode Fayemi, has felicitated with Muslims on the occasion of the Eid-el- Kabir, urging them to uphold the lessons of love, loyalty and sacrifice which is the foundation of the festival. Dr Fayemi, in a goodwill message signed by his Special Assistant on Media, Mr. Yinka Oyebode, …

Fayemi woos foreign investors with three years tax holiday

The Minister of Mines and Steel Development, Dr Kayode Fayemi, on Wednesday offered prospective investors in the Nigerian mining sector three years tax holidays, as part of Federal government’s incentives to serious investors. The tax holiday, according to the Minister, would commence from the date the investor commences mining operations in the country. Speaking at …

AfDB endorses FG’s Mining Roadmap

The African Development Bank (AfDB) has endorsed the Federal Government’s Roadmap for mining, ahead of  the public presentation of the document by the Ministry of Solid Minerals Development. Titled “Roadmap for the Growth and Development of the Nigerian Mining Industry- On the Road to Shared Mining Prosperity”, the document is a comprehensive policy agenda for …