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 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
The Ebonyi State Commissioner for Solid Minerals and Natural Resources, Chidi Onyia, has emphasized the crucial role of Nigeria’s mining sector in driving sustainable development, urging stakeholders to pivot towards renewable energy and maximize the sector’s untapped potential. Speaking at Amaopara community in Onicha Local Government Area of Ebonyi State on Wednesday, during a relocation
Nigeria’s solid minerals sector holds immense potential to drive economic growth, reduce dependence on oil, and create job opportunities. However, the industry has struggled for decades due to inadequate regulation, illegal mining, and insufficient investment. To unlock the full potential of the mining sector, the Nigerian government has introduced various policies, regulatory frameworks, and initiatives
Sokoto State Governor Ahmad Aliyu has committed to reviving the mining sector to boost the state’s economic growth. Speaking through the Commissioner for Solid Minerals Development, Alhaji Yusuf Muhammad Maccido, during an interactive meeting with the National Miners Association in Sokoto, the governor announced the award of a contract to revitalise the miners’ market. He
As 2024 comes to a close, Women in Mining Africa (WiM-Africa) celebrates a year of remarkable achievements, championing women’s empowerment and sustainable practices in Africa’s mining sector. The organisation made a significant impact through innovative programs, strategic partnerships, and dedicated advocacy, driving inclusive mining practices across the continent. One of WiM-Africa’s notable milestones this year
Osun State Governor Ademola Adeleke has reaffirmed his commitment to fair practices in the state’s mining industry. He assured stakeholders that his administration aims to protect the rights of all parties, including businesses, host communities, and the state government, without targeting individuals or companies. At a stakeholders’ forum, Adeleke, represented by Secretary to the State
As the curtain falls on 2024, Nigeria’s mining sector stands at a critical juncture, reflecting a year of progress, challenges, and aspirations. The journey towards economic diversification gained momentum, with bold reforms and an intensified focus on leveraging the nation’s vast solid mineral resources. Yet, the year also underscored the complexities of achieving sustainable growth
Experts in Nigeria’s minerals and mining sector have called for substantial investment in mineral exploration and geoscience data generation to attract global mining companies to the country. According to Leadership News Speaking during a panel discussion at the Nigerian Mining Week in Abuja, industry leaders from the public and private sectors highlighted the need to
Nigeria’s mining industry is on the brink of significant growth, with the potential to become one of the country’s most lucrative sectors as more large-scale projects get underway and exploration continues to expand. Currently, the sector employs over 500,000 people, predominantly in artisanal mining. However, as investments—both local and international—flow into industrial mining activities, this
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