
15/11/2022News Agency of Nigeria is the primary news content provider for Nigeria's News Industry, such as newspapers, electronic media and bloggers. Economy. FG finalising "Nigeria Agenda 2050" to replace vision 2020 – Minister. Mr Buki Ponle, Managing Director, NAN. OTHER MANAGEMENT STAFF.
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28/10/2022THE Minister of Mines and Steel Development, Arc Olamilekan Adegbite, Thursday, promised mega outting on 2022 Nigeria Mining Week from November 1-3, 2022. Speaking during a press briefing in Abuja
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04/07/2018Solid Mineral sector in Nigeria has remained underdeveloped due to long period of neglect and dependence on crude oil.The Nigerian Minerals and Mining Act (2007), with globally
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Corporate Nigeria 2010 / 2011 is a Corporate Guides International publication. Country profile 08 nigeria at a Glance 10 Nigeria Country Profile History and Culture 16 History and Culture Overview 20 Nigerian Leaders 1960-2010 Politics 26 Politics Overview 30 Interview: Mr. Odein Ajumogobia (SAN), Minister of Foreign Affairs 32 Interview: Mrs. Ayodeji akinwunmi (SAN),
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01/12/2015The Minister of Solid Minerals, Dr Kayode Fayemi, said solid mineral development was very crucial to attainment of economic growth in Nigeria. Fayemi said this on Monday while on
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21.03.2016Nigeria's economic history shows that the solid minerals sector was a major player in the country's economy before the discovery of oil, contributing about 12 per cent to the Gross Domestic Product (GDP). Can the sector restore Nigeria to economic boom? ADINOYI FRANCIS KADIRI reports
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23/12/2014Musa Sada, the Minister of Mines and Steel Development, said the need to develop solid minerals in Nigeria had become necessary as it was the only future of this country. Sada stated this on Monday in Abuja at the presentation of 2014 ministerial platform. He said considering the potentialities of solid minerals in the country, []
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18/09/2017Authors: Hafizullah Abba Ahmed. Modibbo Adama University of Technology, Yola-Nigeria. Musa Bala Girei. Bayero University, Kano. Abdullateef Ibrahim. China University of Geosciences.
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02/03/2012According to the Minister, the solid minerals sector remains one of the fastest growing sector in the economy, with the potential of replacing oil as the major source of revenue to the government. He noted that, 'Nigeria we all know is richly endowed with a wide range of solid minerals which, if properly managed and exploited, has the potential
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29/12/2021By Rayyan Alhassan December 29, 2021 President Muhammadu Buhari President Muhammadu Buhari has directed the Presidential Artisanal Gold Mining Development Initiative, PAGMI, to provide a six-month progress report on the Solid Minerals Development Fund, designed to capture accruals from investments.
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28/08/2014Mineral resources that are present in Nigeria but not yet fully exploited are coal and tin. Other natural resources in the country include iron ore, limestone, niobium, lead, zinc, and arable land. Agricultural products include , palm oil, cocoa, coconut, citrus fruits, , millet, , yams and sugar cane.
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The mining sector in Nigeria enjoys Pioneer Status with attendant tax holiday to all companies operating in the sector.A comprehensive package of incentives has been put in place to create a favorable environment for investment in the solid minerals and mining sector, some of which are: Deferred royalty payments.
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19/08/2013The Minister of Mines and Steel Development, Alhaji Musa Sada, said that the 34 different solid minerals are in commercial quantity in different parts of the country. Sada, said this in a message he sent to a workshop on Economic Diversification and Enhancement of Revenue Generation, taking place in Gombe.
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10/01/2016PDF | On Jan 10, 2016, P Alexander and others published Quality of Solid Minerals in Rocks and Soils of Mubi South Local Government Area of Adamawa State, Nigeria | Find, read and cite all the
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17/12/2021Presently, the solid minerals sector contributes 0.6 percent to the GDP of Nigeria while the government plans to increase it to only 5 percent in 2025. Meanwhile, over 90 percent of the activities of the mining industry are dominated by artisanal operators, thereby accounting for the low output level in the industry.
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23.10.2020Also, figures by the National Bureau of Statistics (NBS) shows that minerals and mining sector contributed 0.55 percent to Nigeria's GDP in 2016. The minerals and mining sector could rake in more than US$25 billion by 2025 and contribute up to 3 percent of GDP. The sector, according to report, is a game changer and growth driver for the economy.
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Solid Minerals and Mining Incentives in Nigeria The mining sector in Nigeria enjoys Pioneer Status with attendant tax holiday to all companies operating in the sector.A comprehensive package of incentives has been put in place to create a favorable environment for investment in the solid minerals and mining sector, some of which are:
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The current study was conducted during 2017-2018 to document the traditional ethnomedicinal recipes used for human ailment in Arkot-Biakand valley of Hindukuch region Swat, Pakistan. Semi-structured questionnaires and open interviews were used for
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21/03/2016Nigeria's economic history shows that the solid minerals sector was a major player in the country's economy before the discovery of oil, contributing about 12 per cent to the Gross Domestic Product (GDP). Can the sector restore Nigeria to economic boom? ADINOYI FRANCIS KADIRI reports
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13/11/2015according to neiti audit report on solid mineral operation in nigeria, there are six buying centers, nine dredging companies, 11 exporters of solid minerals, 14 medium scale mining companies, 35 commercial quarries, 54 construction quarries, eight quarries for manufacturing giving a total of one hundred and 37 activities in the solid mineral
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12/03/2018in april 2017, the fg launched its economic recovery and growth plan ("ergp") which hinges the strategies for recovery on the diversification of the nation's economic base from oil to the non-oil sector and targets a 7 percent economic growth by year 2020 with a more aggressive growth rate of 8.54 percent for the solid minerals sector for the
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17/12/2021According to a report by the National Extractive Industries Transparency Initiative in 2019, only 79.96bn was earned from the extraction of solid minerals. The report further revealed that out of the total export figure of 24.275 trillion, solid minerals only accounted for 124.23 billion, which implies a 0.51 percentage of Nigeria's total export.
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There are tremendous opportunities for investments in the solid mineral sector in Nigeria. Prospecting licenses for investors (both local and foreign) to participate in the exploitation of the vast mineral resources in Nigeria is granted by the Federal Ministry of Solid Minerals.
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this is the solid minerals sector. The solid minerals sector had been targeted by the previous administration to contribute 5% to GDP by 2015 and 10% to GDP by 2020. Current contribution of the solid minerals sector to GDP averages about 0.46% To reverse this trend and initiate appreciable growth in the sector, the following are the quick
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The government designated a number of strategic minerals that it believed had the potential to make a significant contribution to Nigeria's economic development including Barite, Limestone and many more. Solid Mineral Deposits in Nigeria Talc Over 40 million tonnes deposits of talc have been identified in Niger, Osun, Kogi, Ogun and Kaduna states.
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International Journal of Humanities, Art and Social Studies (IJHAS), Vol. 4, , February 2019 43 THE IMPACT OF SOLID MINERALS RESOURCES ON ECONOMIC GROWTH IN NIGERIA: AN OLS AND CAUSALITY APPROACH AJIE, Charity Ogorchukwu 1, OKOH, Sunday Abo 2 and OJIYA, Emmanuel Ameh 3 1Institute of Niger-Delta Studies,
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02/03/2016The solid minerals sector contributes less than 1% to the Gross Domestic Product {GDP} of the country, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt.
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28/06/2022An economic amount of lithium metal is known to be associated with two minerals: spodumene and lepidolite. Lithium is an element and in nature tends to concentrate sufficiently in the two minerals, spodumene and lepidolite. Otherwise it will occur dispersed in minerals but not sufficient enough to be of economic consideration.
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27/10/2019It said that Nigeria's total export was about ₦13.6 trillion with solid minerals contributing N77.23 billion or 0.57 per cent of total export in 2017". The report noted that a trend analysis
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25/01/2022 iron ore price chart for 56fe cotton stalk crusher Know More Iron Ore Today's Spot Price Charts Market Index Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc) Global economic growth is the primary factor that drives its supply and demand When economies are growing, the need for steel in23/08/2022
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International Journal of Humanities, Art and Social Studies (IJHAS), Vol. 4, , February 2019 43 THE IMPACT OF SOLID MINERALS RESOURCES ON ECONOMIC GROWTH IN NIGERIA: AN OLS AND CAUSALITY APPROACH AJIE, Charity Ogorchukwu 1, OKOH, Sunday Abo 2 and OJIYA, Emmanuel Ameh 3 1Institute of Niger-Delta Studies, University of Port-Harcourt,
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21/06/2021The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria earned N79.96bn from the solid minerals sector in 2019, according to its 2019 audit report on the sector, released on Sunday, in Abuja. It said that the figure, which represented accruals to the Federation and other subnational entities, showed a 15 per cent increase
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26/02/2014By Fatima Sule, News Agency of Nigeria (NAN) Stakeholders in the mining sector argue that Nigeria is vastly endowed with a lot of mineral resources and underscore the need for the creation of a pragmatic roadmap for
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24/03/2021According to the Senate President, the exploration of solid minerals, besides being an avenue to diversify the country's dependence on oil, remains a sure way for Nigeria to
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16/07/2018Mining is a very nice business, but the solid mineral business in Nigeria is not only about mining. It is a lucrative industry with opportunities for large scale, small scale, and cooperative societies. There are different kinds of licenses available. Like I wrote earlier, one does not have to be a miner before one gets involved in it.
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13/11/2015Sad, very sad! Experts are of the opinion that at the moment, mining of minerals in Nigeria accounts for only 0.3 per cent of its GDP due to the influence of oil resources. According to NEITI audit report on solid mineral operation in Nigeria, there are six buying centers, nine dredging companies, 11 exporters of solid minerals, 14 medium
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