The objectives of the study is to examine the problems of solid mineral in Nigeria, the strategies for exploration of solid mineral ... Keyword: Solid Mineral, Mining, Mineral Resources, ...
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The strategies that can be used for exploration of solid mineral in Nigeria should includes resource control policy, exploration of mineral resources should be private sector, the tenure of the private miners should be secured and...
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To exploit the nation's mineral endowments in an environmentally sustainable manner and establish a vibrant minerals and metals industry for wealth creation, poverty reduction, promotion of economic growth and significant contribution …
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The Minister of Solid Minerals Development, Dr Dele Alake, has urged South African investors and global mining giants to seize the expanding opportunities presented by ongoing reforms and the ...
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Alake highlighted Nigeria's wealth of globally sought-after minerals and noted that the UAE, as a major hub for mineral trade, stands to gain from a strengthened partnership in the mining sector.
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The Nigerian Ministry for Mining and solid Minerals is exploring several options and routes to attract investors to its mineral resources. ... One of the key strategies adopted by the MSMD is to streamline the regulatory framework governing the mining sector. In a recent press By reducing bureaucratic hurdles, simplifying procedures, and ...
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Nigeria broke new grounds in the global mining industry on Monday, clinching the chair of the newest mining pressure group, the Africa Minerals Strategy Group. Nigeria's Minister of Solid ...
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With a clear distinction between the mining of solid minerals and other forms of mining the findings reveal insufficient government regulation of illicit mining operations, undermining their effectiveness. ... (Micah and Ibitomi, 2020). Although Nigeria's solid mineral resources have not yet been fully mined on a massive scale, the core of ...
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Ministry of Solid Minerals Resources. MANDATE: Develop strategies to promote and implement sustainable management of solid minerals in tune with global best practices. VISION: To position Kano State as a Leading hub for Mining, extraction and marketing Solid Minerals resources while ensuring environmental sustainability and community development. ...
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The Minister of Solid Minerals Development, Dr. Dele Alake is seeking stronger trade ties between Nigeria and the United Arab Emirates (UAE), particularly in the solid minerals sector. He made the call while meeting with UAE Ambassador Salem Shaeed Al Shamsi in his office, highlighting the over 50-year relationship between the two nations.
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A new national mining emphasis and strategy emerged, and the Nigerian Minerals and Mining Act (the Act) was passed in 2007 to reinvigorate the Nigerian mining industry.
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A review of similar strategies by mining countries showed that Nigeria's solid minerals strategy mirrors what is obtainable globally. In comparison with Australia's new mining strategy unveiled in June, Nigeria lacked a research and innovation component. Mining nations are keen to drive private sector participation as seen in Chile, where ...
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The FG through the Ministry of Solid Minerals Development has initiated a gender strategy policy for the local mining and steel sectors to foster diversity, empower women and enhance the overall ...
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Nigeria is a lower middle-income country with a surface area of 923.8 thousand square kilometers and population of between 140 and 188.686 million (National Mineral and Metal Policy 2008; World Bank 2017; IMF 2017).It has a population growth of 2.6% and a GDP of 405.08 billion US dollars with an annual GDP growth rate of −1.5% as at 2016 (World Bank 2016) the …
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Evidence revealed that mineral resources are available in large quantities and distributed across the country but the strategies for exploration has been the major obstacles to the success in Nigeria. This paper therefore, studies the problem and ... Problems and Strategies for Exploration of Solid Mineral Resources in Nigeria.
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Nigeria is richly endowed with variety of solid mineral deposit found across the thirty six (36) states of the federation and the Federal Capital Territory (FCT), Abuja. Despite the huge reserves of solid minerals, Nigeria is regarded as a non-mining nation, and the contribution of this sector to the economy is minimal.
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The strategy outlined above will spur cash injection into the sector, as financiers will be ... Policy on artisanal mining Nigeria is recorded to have less than 0.5% of GDP from mining of solid minerals. However, this figure is solely from the formal …
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ABUJA – The Minister of Solid Minerals Development, Dr. Dele Alake, has reaffirmed his commitment to revitalizing Nigeria's mining sector through strategic reforms and inter-agency collaboration.. During the House Committee on Solid Minerals' oversight visit to the Ministry's headquarters on Thursday, November 14, 2024, Dr. Alake outlined the Ministry's …
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The Act vests the control, regulation and ownership of all mineral resources in the Federal Government of Nigeria (FGN). The Minerals and Mining Regulations and the National Minerals and Metals Policy also govern the …
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One of his key strategies is the revitalisation of the solid minerals sector. This is important following Nigeria's endowment with seven critical minerals needed for the global …
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Nigeria has been a trailblazer in the global mining industry, exemplified by its leadership in the Africa Minerals Strategy Group. Dr. Dele Alake, Nigeria's Minister of Solid Minerals Development, emerged as the pioneer chairman of this group, showcasing his capability and impact since his appointment.
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Federal Government through the Ministry of Solid Minerals Development, has launched a gender strategy policy
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This paper therefore, studies the problem and strategies for exploration of solid mineral resources in Nigeria. The objectives of the study is to examine the problems of solid mineral in Nigeria, the strategies for exploration of solid …
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This article takes a critical look at solid minerals as a viable alternative resource to Nigeria's crude oil and presents an overview of the policies and strategies of the Government for harnessing …
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The Ministry of Solid Minerals Development (MSMD) is set up to unlock the economic potentials of the solid minerals sub-sector in Nigeria.The MSMD was established in 1985 as a bold attempt by the Nigerian Government to spur the rapid and beneficial development of the country's solid mineral resources. We are an agency set up to unlock the economic potentials of the solid …
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Fig. 1: An overview of the solid mineral resources distribution map of Nigeria (NGSA, Abuja) Table 1: Solid mineral occurrences in the federating States of Nigeria (NGSA, Abuja). III. EVOLUTION OF MINERALS AND MINING POLICIES IN NIGERIA The performance of Nigeria‟s minerals and metals sector has largely depended on the evolution of
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The operation and works carried out in the course of mineral exploration, inclusive of the search for and exploration of minerals, beneficiation, processing and contract mining all qualify as mineral operations. 10 Legislation deals with matters incidental to the exploration of minerals such as the proprietary titles for exploration 11 and ...
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Dr. Dele Alake, Minister of Solid Minerals Development, announced the Nigeria Solid Minerals Corporation aimed at revamping the mining sector. Modeled after NLNG, it promises a collaborative investment strategy and improved mining regulations. UK support is welcomed to enhance capacity building, essential for potential growth by 2025. The Minister of …
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Based on the findings of this study, the problems of solid minerals in Nigeria are inadequate basic infrastructural, illegal mining, unfavorable laws in the sector, high capital outlay,...
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Speaking at a dual-pronged occasion today, which also marked the launch of the Women In Mining In Nigeria WIMIN strategy, the Hon Minister of Solid Minerals Development, Dr Dele Alake asserted that President Bola Ahmed Tinubu led administration prioritized gender equity and participation in its " Roadmap for the Growth and Development ...
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investing in the solid minerals sector in Nigeria. As part of the strategies to reform the sector, the Ministry has identified seven (7) strategic minerals, namely, Coal, Bitumen, Limestone, Iron …
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This report explores the significant decline in tax and royalty revenues from Nigeria's solid mineral mining sector and proposes strategies to augment these revenues while establishing a robust fiscal framework for mining investors. ... 3.2.1 1999 Constitution of Nigeria Solid Mineral Mining activities are listed alongside Petroleum as item 39 ...
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There is therefore need to diversity the solid mineral base of the country. There is need to come out from the mono-economic base by looking on how to export, process, and utilize our solid …
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Appropriate management of solid minerals should translate or some say return Nigeria from just a minerals country to a mining country. Any industry that can generate high economic yield, income, technology and massive employment at the same time -even at the risk of price fluctuation and exhaustibility - is source of economic development.
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