The key to realising the mining sector’s potential in Nigeria is the development of human capital. The nation is trying to diversify its economy, and mining has emerged as a key area of expansion. The shortage of competent labour required to support contemporary, effective mining operations, however, is a significant obstacle. Over 80% of the
Nigeria’s mineral value chains must grow if the country is to become more economically diversified and less dependent on oil. Rich mineral reserves in the nation, including coal, lithium, and gold, offer enormous potential for producing high-value goods that can boost the GDP of the entire nation. Nigeria produced about 1.5 million metric tonnes of
Given Nigeria’s historical reliance on oil, the mining industry has historically contributed very little to the nation’s GDP. Recent data, however, indicates that mining is gradually emerging as a crucial element of Nigeria’s plan for economic diversification. The National Bureau of Statistics (NBS) reports that in 2021, the mining industry made for around 0.33% of
Nigeria’s mining firms are adopting various strategies to navigate the challenges posed by foreign exchange (forex) instability. This volatility, particularly with the Naira’s depreciation, has increased operational costs, making it challenging for companies to manage expenses tied to imported machinery and materials. To sustain growth and reduce financial risk, many mining firms are implementing both
Women are playing a significant role in Nigeria’s mining sector, particularly in small-scale mining, where they work as artisans and traders. Through these grassroots roles, they uplift families and stimulate local economies, creating positive change in their communities. Women’s Role in Artisanal MiningIn small-scale mining communities, women frequently take on demanding tasks such as mineral
The Edo State Ministry of Mining has conducted a comprehensive training and orientation programme for members of its newly inaugurated Taskforce, equipping them with essential knowledge and skills to ensure compliance with mining regulations across the state. The training featured resource persons from both the Federal Ministry of Solid Mineral Development and the Edo State
In a notable demonstration of inter-agency collaboration and strategic foresight, Nigeria’s Defence Headquarters recently hosted its annual Psychological Operations Workshop, drawing elite commanders and security specialists from across the country. Among the prominent participants was Assistant Commandant of Corps (ACC) John Onoja Attah, the Mining Marshal Commander. His inclusion underscored the growing relevance of influence
The Niger State Police Command has confirmed the death of two miners following the collapse of a mining pit in the Farin-Doki area of Shiroro Local Government Area. Police spokesperson, Superintendent Wasi’u Abiodun, confirmed the incident in a statement, revealing that the pit caved in on Sunday, April 13, trapping two miners identified as Buhari
Residents of the Itasa community in Iwajowa Local Government Area of Oyo State have voiced concerns over the damaging effects of illegal mining in their region. They accuse miners of causing environmental destruction, increasing insecurity, and worsening economic hardship. At a press conference held at the Justice, Development, and Peace Commission (JDPC) in Ibadan, Prof.
Canadian mining firm Koryx Copper has completed Phase Two drilling at the Haib Copper Project in Namibia, successfully drilling 17 holes out of a planned 37. Assay results from 10 of these holes indicate high-grade copper deposits, surpassing the mine’s average mineral resource estimate. The company anticipates results from the remaining seven holes by mid-March.
Notifications