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 […]
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 […]
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 […]
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 […]
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 […]
After a decade long period of lacklustre performance, the mining sector is finally “going for gold” as its revenue profile increased by an unprecedented 500% in 2017 — under the leadership of Kayode Fayemi as minister of mines and steel development. This is according to the latest occasional paper series released by the Nigeria Extractive […]
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, (NEITI), Mr. Waziri Adio, says the solid mineral sector, though not being tapped to its fullest, has the potential to grow Nigeria’s economy, create jobs and address a number of social issues. Adio made this known at the launch of a report designed to enhance […]
Minister of State, Mines and Steel Development Ministry, Hon. Abubakar Bawa Bwari, has expressed the Ministry’s readiness to collaborate with the Thai Gems Stone producers to organize the 3rd edition of African Gems & Jewelry Exhibition and Seminar (AGJES) which is expected to take place in August, 2019 for the growth of the sector and […]