Development of Nigeria Minerals and Metals Sector is Imperative to Diversification of the Economy – Dr. Mu’azu.

The urgent need to develop the nation’ s minerals and metals sector that would serve as catalyst in diversifying the country mono-product economy  has been re-emphasized. The Permanent Secretary, Ministry of Mines and Steel Development, Dr. Abdulkadir Mu”azu, stated this while declaring open the third phase of the second edition of the Nigeria Metallurgical Industry …

We’ve Made Mining Sector Investor Friendly_Bwari

The Minister of State for Ministry of Mines and Steel Development, Hon. Abubakar Bawa Bwari, has said that the various initiatives taken by the Administration of President Muhammadu Buhari in the last four years have repositioned the Nigerian Mining Sector to become investors-friendly. The Minister stated this in Abuja on Thursday, 4th April, 2019, when he …

Diversification: Fayemi urges Nigerians to Embrace Made-in-Nigeria Goods

 The Minister of Mines and Steel Development, Dr Kayode Fayemi, has urged Nigerians to join the government in championing the campaign for patronage of Made-in-Nigeria goods in order to improve productivity in the non-oil sector, diversify the economy and create employment. He said increased patronage of Made-in-Nigeria goods would also lessen the dependency on importation …

FG to Audit Mining Sector, Curb Tax Evasion

… train illegal miners The Minister of mines and steel development, Kayode Fayemi, on Thursday unveiled plans to conduct audit of the nation’s solid minerals sector over the past five years. Fayemi, who appeared before the House Committee on Solid Minerals during the 2016 budget appraisal and 2017 budget defence. The minister said illegal mining …

Mining Lessons to be Learnt from South Africa – Good and Bad

Signs of hope – visible in some commodity prices and increased exploration drilling – lent a more upbeat tone to the Investing in African Mining Indaba in Cape Town. But, South Africa has some sobering lessons for those African countries present which have yet to fully launch their mining sectors. SRK Consulting partner and principal …

Imperative Of Stronger Regulatory Agency For Mining Industry

The mining sector has over the years been bedeviled by huge loss of resources as a result of uncontrolled leakages caused by illegal miners. In this piece, RUTH TENE NATSA writes that only a mega, independent regulatory agency would  change  the industry for the better. One fundamental move by the current government to curb financial …

Fayemi to UK Parliamentarians: Nigeria Open for investment. Urges investors to shun exaggerated negative views about Nigeria

Minister of Solid Minerals Development, Dr Kayode Fayemi, has urged Britain to take advantage of the abundant minerals deposits in Nigeria and the enabling environment being created by the Muhammadu Buhari administration to invest in the country’s mining sector. Fayemi, who addressed British parliamentarians and investors at a session organised by the All-Party Parliamentarian Group …