Out of several hundred licences that were revoked for offences ranging from dormancy to defaults in payment of service fees, only one of the defaulters is raising hell. This foreigner held licences for several years without any operation and refused to pay a single kobo in service to the government. He is now sponsoring economic…
As part of efforts to improve on the mining sector in Nigeria, the country is about to receive help from the international community on ensuring that there is transparency in the transactions in the sector. To this end, the World Bank has has given an assurance to partner with the Mining Cadastre Office (MCO) to strengthen…
The Speaker of the House of Representatives, Tajudeen Abbas, has challenged President Bola Tinubu to double efforts on mining and electricity generation and supply in the country. He made the appeal on Thursday after the president addressed a joint session of the National Assembly in commemoration of the June 12 democracy day. He charged President…
The Ministry of Mines and Steel Development (MMSD) has sought the support of the Nigeria Security and Civil Defence Corps (NSCDC) to enhance the enforcement of mining regulations in Jigawa State. The NSCDC spokesperson in the state, Badruddeen Tijjani, disclosed this in a statement on Tuesday. According to Tijjani, the Federal Mines Officer in Jigawa,…
The federal government has earmarked N1tn for mineral exploration as the government eyes mega revenue. This was disclosed by the Minister of Solid Minerals Development, Dr. Dele Alake. Alake also revealed that N38 bn revenue was attracted in 2024, far above the N6bn declared in previous years. The minister also revealed that $800m Foreign Direct…
Dr Dele Alake, the Minister of Solid Minerals Development, said Nigeria’s solid minerals sector attracted over $800 million in the processing projects in 2025. The minister said this in an interview for an upcoming State House documentary marking President Bola Tinubu’s second anniversary. Alake said the revenue generated was driven by the Tinubu administration’s new…
The federal government has shut down a mining site occupied by illegal miners for months. The Minister of Solid Minerals Development, Dr Dele Alake, disclosed the closure which he said was executed by the Mining Marshals in Damau, Kubau Local Government Area of Kaduna State. According to a statement released by Alake’s Special Assistant on…
Things are looking up in the mining sector in Nigeria. A sector where illegal activities ruled in the past and revenue ignored by the government is beginning to yield revenue to the country. Yet, there are indications that whatever is being realised now may just be the tip of the iceberg. Dr. Dele Alake, minister of Solid Minerals said…
The government of Ahmed Ododo has won a bulls eye for Kogi state in the area of foreign investment. A delegation led by the governor recently secured a landmark partnership with Hunan Province, in China. The partnership is to enhance development across key sectors in the state, including agriculture, mining, and industrialisation. This was made…
President Bola Tinubu has approved the appointment of Nasir Naeem Abdulsalam as the Managing Director, Ajaokuta Steel Company. Segun Imohiosen, Director of Information and Public Relations at the office of the Secretary to the Government of the Federation (SGF), announced the appointment on Friday. The statement said, “The appointment takes effect from 3rd April, 2025…
