FG Committed to Resuscitation of Metal Sector for Economic Growth

●Holds Stakeholders Forum in Asaba The Federal Government has resolved to prioritize the resuscitation of the mineral and metal sector so as to pave way for Nigeria economic growth and recovery. Pursuant to this, government, through Ministry of Mines and Steel Development (MMSD) is organising the second Metallurgical Industry Stakeholders Forum (MISF) for metal sector …

FG Invests N15bn on Geo-Science Data Bank

In a bid to curb the decline of investment in the mineral sector and generate foreign exchange, substitute for import and develop local industry to create job and wealth, the Government is investing N15 billion to upgrade geo-science data bank that will place the country in the world mining map. Minister of State for Mines …

FG discovers high quality platinum mineral in Niger

The Federal Government say it has discovered high quality of platinum group elements in a village in Niger. Alhaji Abubakar Bwari, the Minister of State, Mines and Steel Development, announced this on Monday at the groundbreaking ceremony of AG Vision Mining Site in Suleja Local Government Area of the state. Bwari said that the large …

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Nigerian Government Bans Mining in Zamfara mining sites

The Nigerian government has given all foreigners involved in mining activities in Zamfara State 48 hours to leave the sites. The government announced a ban on all mining activities as part of measures to restore peace in the state. Bandits have been attacking villages in Zamfara for almost two years now. Hundreds have been killed …

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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 …

FG committed to building coal-fired electricity by 2020 — Minister

The Minister of Mines and Steel Development, Abubakar Bawa, says the Federal Government is committed to building coal-fired electricity by 2020. Bawa said this while declaring open the 55th Annual International Conference and Exhibition of the Nigerian Mining and Geoscience Society on Tuesday in Enugu. He noted that the government had plans to grow the …

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MMSD to Partner with Columbia University on Enhancing Funding for ASM

The Ministry of Mines and Steel Development and School of International and Public Affairs of the Columbia University, United States of America, are to partner on ways to enhance government’s effort geared towards formalizing and funding of Artisanal and Small Scale mining in Nigeria. This was the high point of discussion between the officials of …

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Making Nigeria a Mining Destination

Nigeria is no doubt very rich in mineral resources, which have been largely untapped because of barriers to investment. While the federal government believes it is on course to transform the country into a mining destination, Kingsley Nwezeh looks at suggestions by the Nigeria Extractive Industry Transparency Initiative (NEITI), in its latest report, on ways …

MMSD and Other MDAs rake in N11.5b into Consolidated Revenue Fund

About N11.59 billion was remitted as independent revenue into the Consolidated Revenue Fund in 2017, a report by the Fiscal Responsibility Commission has said. The 2017 Annual Reports and Audited Accounts of the organisation made available to the News Agency of Nigeria on Wednesday in Abuja, said 21 Ministries, Departments and Agencies of the Federal …

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Solid minerals: Revisiting a neglected gold mine

The solid minerals sector has been a long neglected one but the new drive towards diversification has rekindled interest in the sector, Anna Okon writes The commercial value of Nigeria’s solid minerals has been estimated to run into hundreds of trillions of dollars. It is also estimated that Nigeria could earn $40bn annually from gold …