Minerals And Mining Regulations Nigeria

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MINING SNAPSHOT – NIGERIA | Serus Legal

Fiscal – License holders pay royalties and fees based on the type of mineral and scale of mining. Royalties include (i) 3% for precious metals, (ii) 4% for metallic minerals, and (iii) 5% for industrial minerals. Mining companies are subject to regular corporate income tax at 30%, as well as Value Added Tax at 7.5%, Capital Gains Tax at 10%, and a 2% Education Tax on profits to fund ...

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A Review of the Nigerian Minerals/Mining Act 2007 for …

out this study, an examination of other laws concerning/bothering on minerals in Nigeria was undertaken. These laws include Nigerian Mineral and Mining Act 2007, Mineral and Metal policy 2008 and Nigerian Mining Regulations 2010. The Nigerian Mineral and Mining Act 2007 vest ownership and control over all mineral resources in the Nigerian

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MINERALS AND MINING (EXPLOSIVES) REGULATIONS, …

the Minerals and Mining Act, (Act 703), 2006, these Regulations are made this day 20th of March, 2012. Application and general administration Regulation 1—Application (1) These Regulations apply to (a) the conveyance, storage, possession, manufacture and use of explosives for mining, quarrying and civil works; and

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Requirements For A Mining License In Nigeria

Mining is a critical component of Nigeria's economy, contributing significantly to its gross domestic product (GDP). ... The process of acquiring a mining license in Nigeria is governed by the Nigerian Minerals and Mining Act, 2007, and its regulations. Below, we outline the key requirements and steps involved in obtaining a mining license in ...

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Mining

Further to the provisions of the Act and the Nigerian Minerals and Mining Regulations of 2011, the Guidelines emphasise the key elements of a CDA to include: ... in accordance with existing laws and Regulations in Nigeria. However, should the community opt to engage a legal practitioner, the fees of such legal practitioner shall be borne by the ...

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UNDERSTANDING THE LEGAL AND REGULATORY …

The Mining Regulations. The Mining Regulations are the subsidiary legislation issued under the Mining Act. The Regulations contain detailed provisions for the administration of mineral titles by the Mining Cadastre Office, including the procedure, duration and documentation required for the application of a small-scale

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Legal Framework Of Mining In Nigeria: An Overview

By PINHEIRO LP INTRODUCTION "Section 2 of the Explosives Regulations, Cap. 117, Laws of the Federation of Nigeria, 1990 defines explosives…The same section defines mining as having the meaning assigned to it in the Minerals Act, and shall include the use of explosives in works authorized under the Petroleum Act. Although there is no definition […]

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Nigerian minerals and mining regulations, 2011

Nigerian minerals and mining regulations, 2011. Publication [Abuja, Nigeria] : Federal Republic of Nigeria, Ministry of Mines and Steel Development, [2011] Physical description 219 pages ; 29 cm. ... Regulations to accompany Nigerian Minerals and Mining Act, 2007. Librarian view | Catkey: 12001124 Hours & locations; My Account; Ask us;

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Nigerian Mining Sector Brief

Nigeria is endowed with vast reserves of natural resources such as energy minerals like coal and lithium, metallic minerals like gold and lead-zinc and industrial minerals like limestone and barite. ... a new national focus and strategy on mining evolved and this culminated in the enactment of the Nigerian Minerals and Mining Act (the Act or ...

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NIGERIAN MINERALS AND MINING ACT

CENTER FOR LAWS OF NIGERIA: FEDERAL LAWS Constitution Federal Laws TreatiesState Laws Court Judgments Court Rules DOWNLOAD OF A COPY OF THIS LAW IS AVAILABLE [N3,000 (PDF)] CLICK HERE FOR […] To access this content, you must purchase one of these plans: Two-Day Membership Plan, Weekly Membership Plan, Monthly …

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Legal Framework for Solid Minerals in Nigeria

Historically, mining in Nigeria began in the early 20th century with the extraction of tin from the Jos Plateau. The sector was a significant contributor to the economy until the discovery of oil in the 1950s, which shifted focus and investment towards petroleum. ... The Nigerian Minerals and Mining Regulations, 2011. These regulations provide ...

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NIGERIAN MINERALS AND MINING ACT

An Act to repeal the Minerals and Mining Act, No. 34 of 1999 and re-enact the Nigerian Minerals and Mining Act 2007 for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in Nigeria; and for related purposes.

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THE LEGAL AND REGULATORY FRAMEWORK FOR …

the federal republic of nigeria national mining policy dialogue conference and exhibition federal ministry of solid minerals development in collaboration with the world bank july 12 – 14, 2004 ----- the legal and regulatory framework for mining in nigeria1 by 'gbite adeniji2----- …

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Nigeria Mining Cadastre Office | Documents

The Nigeria Mining Cadastre Office (NMCO) was established in 2007 with the responsibility for the Administration and Management of Mineral Titles in Nigeria in accordance with Section 5 (1) of the Nigerian Minerals and Mining Act, 2007 (the Act). Address: 37 Lobito Crescent; Off Ademola Adetokunbo, Wuse II, Abuja Nigeria +234 (0) 816-410-1937

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(PDF) Governance Conflicts in Nigerian Mining Regulation

This paper adopted the doctrinal research design. Data was sourced from both primary and secondary sources. Primary sources of data were statutes like Nigeria Minerals Mining Act and the regulations; while secondary sources were garnered from books, journal articles, conference papers, research report, newspapers and Internet.

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