Tin and coal mining have stood out this year as significant contributors to the nation’s economic diversification efforts. These two minerals, each with distinct histories and applications, offer insights into the progress and challenges within the sector. This article examines the performance of tin and coal mining in 2024, comparing their production levels, market dynamics,
Nigeria’s Mining Sector in 2024: A Year of Progress and Challenges
Nigeria’s mining sector has experienced a transformative year in 2024, marked by significant developments, policy reforms, and challenges that have shaped its trajectory. The federal government’s renewed focus on diversifying the economy away from oil has placed the mining industry in the spotlight. While the sector’s contribution to GDP remains below 1%, the efforts to
Mining Governance in Nigeria: 2024 Insights
The Nigerian mining sector has long been heralded as a cornerstone for economic diversification. As the nation shifts from its heavy reliance on oil, mining laws and regulations have become critical in shaping the trajectory of this burgeoning sector. In 2024, significant legislative and regulatory measures played a pivotal role in fostering growth, addressing challenges,