Minister’s Speech at 53rd Annual International Conference and Exhibition of the Nigerian Society for Mining and Geosciences

Protocols and Introduction I wish to express my profound gratitude for the honour and privilege of being asked to deliver this keynote address at this important occasion. Nigerian Mining and Geosciences Society (NMGS) is one of the highly respected professional bodies in Nigeria. I also wish to thank members of this society for the awards …

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Non-oil Sector as a Game Changer in Nigeria

Nigeria’s export trade in the 1960s was fuelled by the agro-industry and constituted mainly of cocoa, groundnuts, rubber, palm oil, palm kernel, beniseed and copra. Nigeria also exported tin ore and columbite. Then agricultural exports were practically the country’s main sources of foreign exchange with the nation being a major exporter of the aforementioned produce. …

Minister of State for Mines and Steel Development, Hon. Abubakar Bawa Bwari during a press briefing on the Launch CONMIN West Africa and  the National Mining Summit in Abuja...on 18th November.

FG in Talks with China, South Africa to Curb $500m Losses to Illegal Mining.

As part of efforts to curb the lingering problem of illegal mining in Nigeria, which the country is said to be losing $500million from, the federal government has hinted that efforts are ongoing to partner with China, South Africa and other mining countries to resolve the issue. In an exclusive chat with LEADERSHIP, the Minister …

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Nigeria Remains ‘Critical’ Market in Africa despite Recession, say Investors

Investors have expressed confidence in the resurgence of Nigeria’s struggling economy, describing it as ‘very critical’ to building African companies that could join the league of top 500 in the next eight years. A panel of discussants, including chief executives of MTN, Honeywell, KPMG, CFAO and the Casablanca Finance City Authority, at the Africa CEO …

The Minister of Mines and Steel Development, Dr Kayode Fayemi, with Ministry officials at the illegal mining site where four miners got killed in Muye Kafinkoro Village, Paikoro LGA, Niger State...on 08 October 2016

FG Sanctions 313 Mining Companies

No fewer than 313 mining companies have been sanctioned by the Federal Government over non fulfilment of environmental obligations. Salim Salaam, the Director, Mines Environmental Compliance Department, Ministry of Mines and Steel Development disclosed this to the News Agency of Nigeria (NAN) on Tuesday in Abuja. Salam said that the mining operators were issued sanction …

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L-R: Oba Agunlaja Aladeshoyin of Noforija Kingdom, Epe Division; Lagos State Commissioner for Energy and Mineral Resources, Mr Wale Oluwo; Minister of Mines and Steel Development, Dr Kayode Fayemi; Commissioner for Water Front Development, Engr Adebowale Akinsanya; and representative of Oba Akran of Badagry, Chief N.A. Travil during  the Town Hall meeting with Stakeholders in the mining sector, in Lagos

Collaborate with State govts, host Communities, FG urges Mining Operators

The Federal Government has urged operators in the mining sector to collaborate with state governments and the host communities in order to ensure that revenues accruing from mining activities are in consonance with government’s overall diversification plans. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, called for this synergy during his facility tour …

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L-R: Plant Manager, Lafarge Plc, Olusegun Soyooye; Group Managing Director/CEO Lafarge Africa Plc, Michel Puchercos; and  Minister of Mines and Steel Development, Dr Kayode Fayemi; during the minister’s inspection of the company’s plant and limestone mining site in Ewekoro, Ogun State

FG to Support Miners Association with Equipment Leasing

The Federal Government is working on an equipment leasing scheme for the Nigeria Miners Association (NMA), in order to ensure that its members scale up their mining operations. The equipment leasing arrangement, according to the Minister of Mines and Steel Development, Dr Kayode Fayemi, is in addition to financial support in the form of access …

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