You are here
Home > mining

Why revenue from mining is low, by NIMG DG

Why revenue from mining is low, by NIMG DG

Director-General/Chief Executive Officer, Nigerian Institute of Mining and Geosciences (NIMG), Prof. Suleiman Hassan, on Monday attributed the low revenue from the mining sector to use of obsolete equipment by artisanal miners operating in the industry. Hassan stated that this has prevented the Federal Government from getting the revenue that is expected from the mining sector. […] …

‘Mining holds better revenue stability prospect’

‘Mining holds better revenue stability prospect’

The Federal Government has said the mining sector held better stable revenue prospect than oil. It said oil price is usually subject fluctuation in the international market which distorts budget planning in the country. Minister of Labour and Employment, Chris Ngige  who spoke yesterday, said the price fluctuation scenario also causes confusion for the countryRead More …

Abuja Tremor: Suspension on blasting, mining activities partially lifted

Abuja Tremor: Suspension on blasting, mining activities partially lifted

“All areas under suspension are to resume activities, except for the Mpape axis. However, mining companies are advised to place sensors on their sites…” – Abubakar Bwari Samuel Bello, Abuja The Presidential Committee on earth tremor has with immediate effect partially lifted initial suspension imposed on all blasting and mining activities around the areas that […]
The post Abuja Tremor: Suspension on blasting, mining activities partially lifted appeared first on The Sun Nigeria. …

Mining: Register of beneficiaries due in 2019

Mining: Register of beneficiaries due in 2019

Nigeria yesterday commenced the engagement of stakeholders  in the extractive industries on the implementation of beneficial ownership roadmap. The process is expected to result in the generation of a register of beneficial owners of extractive industries in the country by December 2019. The Executive  Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Waziri Adio, whoRead More …

FG, World Bank sign N277m MoU to upgrade mining cadastre

THE Federal Government, on Thursday, signed a $763,000 (N277 million) Memorandum of Understanding (MoU) with the World Bank for the upgrading and automation of mining cadastre for online applications, E-recording and archiving. Minister of State […]
The post FG, World Bank sign N277m MoU to upgrade mining cadastre appeared first on Tribune. …

No mining operation without community agreement – FG

No mining operation without community agreement – FG

Everest Amaefule, Abuja The Federal Government says no mining company is allowed to begin operation in any part of the country without obtaining a community development agreement from the host community. A member of the Mineral Resources and Environmental Management Committee, Mr Osseini Ukwenya, said this at a sensitisation meeting between miners and host communities […] …

Top