The Minister of Solid Minerals Development, Dr. Kayode Fayemi, has ordered the immediate recall of all federal mines officers in the 36 states of the federation and the FCT. The Minister, who gave the directive on Friday, said in a statement by his Special Assistant on Media, Mr. Yinka Oyebode, that the development became necessary […]
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Following Monday’s signing of the modified Nigerian Iron Ore Mining Company (NIOMCO) concession between the Federal Government and Global Steel Holdings Limited, the GSHL is to submit its business plan for government’s approval within the next 105 days. The submission of business plan for approval by the Federal Government is part of the timeline agreed […]
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The Federal Government on Monday 1st August, 2016, took a major step in its plan to revitalise the steel sector as it signed a renegotiated concession agreement with Global Steel Holdings Limited for the Nigerian Iron Ore Mining Company (NIOMCO), Itakpe. By the new agreement, Ajaokuta Steel Complex has now reverted to the Federal Government, […]
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To fund the infrastructure needs of its growing economy over the next 30 years, Nigeria would spend about USD 3 trillion. Minister of Solid Minerals Development, Dr Kayode Fayemi, disclosed this on Thursday in London, United Kingdom, at a business forum organised by the Royal African Society. Quoting a recent report by the National Integrated […]
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As a follow up to the South African President’s State visit to Nigeria and the delegation led by Minister of Solid Minerals Development, Dr. Kayode Fayemi, to South Africa, the government of the two countries have commenced discussions on practical areas of cooperation in the mining sector. The Minister of State for Solid Minerals Development, […]
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The Honorable Minister of Solid Minerals Development attended the Sectoral Debates of the House of Representatives on May 17, 2016, where he made a presentation to the lawmakers. Click here to download speech
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The Federal Government is set to commence bidding process for prospective investors to explore the vast bitumen deposit in the country. The Minister of Solid Minerals Development, Dr. Kayode Fayemi, who disclosed this during a working visit to bitumen bearing communities in Agbabu area, Ondo State on Thursday and Friday, said the bidding round for […]
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The Federal Government’s plans to allow state governments engage in mining activities has been hailed by the government of Ondo State. The state governor, Dr Rahman Mimiko said the decision to allow states participate in mineral mining is a demonstration of the commitment of the federal government to diversify the economy and stimulate economic growth. […]
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The Minister of Solid Minerals Development, Dr Kayode Fayemi, has urged states and geo-political zones in the country to embrace economic cooperation among one another in exploring minerals deposits in their domains, as government refocuses on solid minerals in its economic diversification plan. He, however, cautioned that government would pay particular attention to environmental and […]
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