Coal mining in Nigeria has a long and rich history that dates back to the early 20th century, with the industry once playing a pivotal role in the nation’s economy. The discovery of coal in the 1900s, particularly in the Enugu region, marked the beginning of an important mining era. For decades, Nigeria’s coal mines
Global Demand for Nigerian Minerals
Nigeria, traditionally known as one of the largest oil producers in Africa, is now witnessing a growing interest in its mineral resources on the global stage. While oil has long been the country’s economic backbone, the demand for a variety of minerals has started to take center stage as the world’s industrial landscape evolves. Minerals
Challenges in Nigerian Mining
Despite its potential, the Nigerian mining sector faces significant hurdles that hinder its growth. Regulatory uncertainty is a primary issue, with frequent policy changes deterring long-term investments. Investors need clarity and consistency to make informed decisions, and the absence of such deters large-scale participation in the industry. Illegal mining is another pressing challenge in the
Maintenance of Mining Equipment in Nigeria
The mining industry in Nigeria plays a crucial role in the nation’s economy, given the country’s rich mineral resources, including gold, coal, tin, and limestone. However, the efficient operation of mining equipment is essential to maximize productivity, minimize costs, and ensure safety. Nigeria’s challenging environmental conditions, such as high temperatures, heavy rainfall, and rugged terrain,
Mining and Quarrying Opportunities in Nigeria
Mining and quarrying opportunities in Nigeria present vast opportunities for investors and entrepreneurs. The demand for industrial minerals like granite, marble, and limestone continues to grow, driven by the expanding construction and manufacturing sectors. Granite quarrying is particularly lucrative, as granite is a sought-after material in construction. States like Ogun and Edo boast significant granite
Upcoming Mining Projects in Nigeria
The Nigerian government’s push to diversify its economy has brought mining into focus, with several high-profile Mining projects set to redefine the sector. One notable initiative is the lithium mining project in Nasarawa State. Lithium, essential for battery production, is in high demand globally, positioning Nigeria as a potential key player in the renewable energy
Gold in Nigeria: Exploration and Exploitation
Gold is one of the most valuable resources in the world and a large amount of it is in Nigeria although the government focuses more on crude oil mining they need to shift their focus to exploration of gold in Nigeria as the nation is heavily endowed with it. Exploration of Gold in Nigeria is
Recent Developments in Nigeria’s Mineral Resources Sector
Nigeria’s mineral resources sector has recently witnessed significant developments aimed at enhancing its contribution to the nation’s economy. These initiatives encompass policy reforms, international collaborations, and strategic investments designed to optimize the sector’s potential. Tax Reform and Regional Implications The Nigerian government’s proposed tax reform bill has sparked substantial debate, particularly concerning its impact on
Kwara State Government Pledges Support for Mining Stakeholders
The Kwara State Government has assured stakeholders in the solid minerals sector of a collaborative and enabling environment to enhance mining practices and boost state development. Dr. Afeez Abolore Alabi, Commissioner for Solid Minerals, delivered this assurance during a courtesy visit from members of the Mineral Resources and Environment Management Committee (MIREMCO) earlier this week.
Kwara State Investigates Illegal Mining Revenue Diversion Amid Rising Exploitation
After receiving reports of intermediaries acting as state officials and exploiting victims, the Kwara State Government has opened a thorough inquiry into illicit revenue diversion at mining sites. This comes after an investigation by Premium Times revealed extensive illicit mining activity in Kwara State’s border settlements, especially in Bani, Kaiama Local Government Area (LGA). On