The Solid Minerals Development Fund (SMDF) and GeoScan of Berlin, Germany, have signed a Memorandum of Understanding (MOU) on solid mineral development. The agreement was formalised on Sunday during the visit of German Chancellor, Olaf Scholz to Abuja, Nigeria. Minister of Solid Minerals Development Mr Dele Alake said this while briefing …
Fig.1.1- Solid mineral spread and de posit in Nigeria JOURNAL OF SCIENCE TECHNOLOGY AND EDUCATION 12(1), MARCH, 2024 ISSN: 2277-0011; Journal homepage:
The Honourable Minister, Ministry of Solid Minerals Development, Dr. Dele Alake, has called for a reinforced partnership with the Senate Committee on Solid Minerals …
Minister of Solid Minerals Development, Dr Dele Alake, has revealed that a recent estimation of Nigeria's solid minerals deposits based on the limited geo-data available pegs the country's mineral deposits at $700 billion dollars. He said the country's minerals deposit estimates may soon run into trillions of dollars if the scope of geo-data is expanded to cover the entire …
News > Solid minerals contributed N1trn to Nigeria's GDP in 17 years – NEITI ... According to Orji, "The 2023 solid minerals audit report, the 16th audit cycle, provides a comprehensive overview of the sector's contributions from 2007 to 2023, during which N1.137 trillion (about $3.86 billion) in direct payments was made to various ...
Key solid minerals found in Nigeria include: Limestone– primarily in states like Ogun, Kogi, and Benue; it's used in cement production. Coal– found in Enugu, Kogi, and …
The Nigerian Extractive Industries Transparency Initiative (NEITI) said the Federal Government raked in N1.37 trillion revenue from the solid mineral sector in 2023.. Its Executive Secretary, Orji ...
During the unveiling of the NMDSS Tuesday in Abuja, the minister of solid minerals development, Dr Dele Alake, explained that the portal demonstrated the federal government's commitment to ...
The Minister of Solid Minerals, Dr. Oladele Alake. The Minister of Solid Minerals, Dr. Oladele Alake has emphasised the pivotal role of a solid minerals corporation in attracting both local and foreign investments to the sector, as part of his vision to revitalise and transform Nigeria's mining sector for rapid development. Alake, who was speaking…
EFCC Joins Forces with Solid Minerals Ministry to End Illegal Mining in Nigeria; Nigeria Unveils Strategy to Combat Mining-Induced Environmental Degradation; Abandoned Treasures: A Historical Lens on Northern Nigeria's Gold Mines
The Ministry of Solid Minerals Development said it is probing the claims and counter-claims of Osun State Government and Thor Explorations Limited, owners of the Segilola Resources Operating Limited over taxation and operational matters. The Minister of Solid Minerals Development, Dr. Dele Alake announced on Friday that a fact-finding team has been …
Minister of Solid Minerals Development, Dr Dele Alake, has noted Nigeria's solid mineral wealth as essential to economic diversification, job creation, and sustainable growth. …
About N1.137 trillion (about $3.86 billion) in direct payments from solid minerals was made to various government levels in Nigeria between 2007 and 2023, a report by the Nigerian Extractive Industries Transparency Initiative (NEITI) has said. The report released in Abuja by NEITI on Wednesday shows a substantial increase in…
The solid minerals sector is seen as a new frontier for economic growth and diversification in Nigeria, as the country seeks to reduce its dependence on oil and gas. With the government's renewed commitment and the support of various stakeholders, the sector is poised to achieve its target of contributing 50% to the GDP and becoming the next oil.
News > Nigeria's solid minerals to become next crude oil — Aigbogun ... the publisher BusinessDay Media Limited, has expressed optimism that Nigeria's solid minerals sector will become the next economic …
The Federal Government of Nigeria earned N16,395,640,771.58 from May, 2023 to April 2024 from mining royalties and sundry fees. The minister of solid minerals development, Dele Alake, according to Leadership Newspaper report disclosed this on Thursday at the Sectoral Updates Series to mark the first anniversary of President Bola Tinubu administration in Abuja. …
Nigeria and France have signed an MoU aiming to promote sustainable mining, secure critical minerals, and advance environmental rehabilitation in mining communities. …
Despite challenges in Nigeria, his efforts signal a promising future for solid minerals and mining in the country and across Africa. Dr. Alake's approach positions the solid minerals sector in Nigeria for a promising era, emphasizing its …
The Solid Minerals Roadmap is a strategic plan to revitalise Nigeria's solid minerals sector. ... Related News. Housing needs rise in four cities on urban rush ; Minimum Wage: Labour declares strike in 14 states, FCT ... Labour declares strike in 14 states, FCT Nov 30, 2024 . Nigeria lost N6.2trn to rigid FX regime in 2022 – Cardoso Nov 29 ...
The Nigeria Extractive Industries Transparency Initiative (NEITI) stated in a report that in spite of the consistent year-on -year increase in revenue to the federation account from the solid mineral sectors from 2007 to 2021, its contribution is still low compared to …
Coal is classified as one of the strategic minerals in Nigeria. It is a flammable black rock used as a solid fossil fuel. It is mainly made up of 65-95% carbon and also contains hydrogen, sulphur, oxygen and nitrogen. In Nigeria, coal can be found in the Middle belt and South-eastern regions of the country ( Kogi, Benue, Gombe and Enugu).
The Minister of Solid Minerals Development, Dr. Dele Alake has declared Nigerians in Diaspora investors as essential partners for unlocking the financing and technical capacity required to transform the mining sector. ... Tuesday, November 14, 2023 1:30 pm. ... Alake stressed that the shift in focus to the solid minerals sector is pivotal to ...
Dele Alake, minister of solid minerals development, has put the value of Nigeria's mineral deposits at over $700 billion and urged foreign investors to look in the direction of the …
The Nigerian Ministry of Solid Minerals Development (MSMD) has unveiled a comprehensive roadmap aimed at transforming the country's mining sector into a major driver of economic growth. This strategic plan outlines a series of initiatives designed to attract investment, promote sustainable development, and unlock the immense potential of Nigeria's mineral …
The decade of reform saw key changes including, the passage of a new Nigerian Minerals and Mining Act (2007), a Nigerian Mineral and Metals Policy (2008), the creation of a modern Mining Cadastre system, the refinement of the tax code, and the expansion in airborne mapping of the country to sharpen knowledge of the mineral endowments.The ...
Ministry of Solid Minerals Development MISSION : To exploit the nation's mineral endowments in an environmentally sustainable manner and establish a vibrant minerals and metals industry for wealth creation, poverty reduction, promotion …
The Federal Government called for more investment in the Nigerian mining sector, listing as unique advantages such as lower production costs due to surface mining and billions of dollars in untapped minerals. Dr. Dele Alake, Nigeria's Minister of Solid Minerals Development, made the appeal on Tuesday in an address to global stakeholders at ...
He said: "the solid minerals sector is now the focal point of generating revenue for the country, it is now the next petroleum of Nigeria." A recent KPMG report said Nigeria currently boasts over 44 priced solid minerals in the mining space, with huge deposits scattered over different parts of the country.
The minister of solid minerals, Dele Alake, says the Government will soon establish the Nigerian solid minerals corporation. The minister said the corporation will be similar to the Nigerian National Petroleum Company (NNPC) Limited. READ ALSO: Solid Minerals: Nigerian Government to flag off airborne survey in 17 States
The Minister of Solid Minerals Development, Dr Dele Alake unveiled the software on Tuesday in Abuja. The DSS is a comprehensive software platform that serves as a one-stop shop for investors seeking credible and decisive information on Nigeria's mineral resources, facilities and infrastructure.
Solid Minerals EMR is a fully integrated service company that prides itself in successfully playing a lead role in the rebirth of the solid mineral sector in Nigeria. We are at the forefront of major exploration and development projects, always developing new methods and workflows to help our clients reach their desired goals.
In line with President Bola Ahmed Tinubu's resolve to diversify the economy from a monolithic oil dependent one, the Ministry of Solid Minerals Development is making an audacious move of wooing foreign investors to the sub sector. Towards the actualisation of this, the Minister of Solid Minerals Development Dr. Dele Alake led a Nigerian delegation to Saudi Arabia with …
The Solid Minerals Development Fund (SMDF) and GeoScan of Berlin, Germany, have signed a Memorandum of Understanding (MoU) on solid mineral development. Mr Dele Alake, the Minister of Solid Minerals Development, made this known at a news conference after the Federal Executive Council (FEC) meeting, held at the Presidential Villa, Abuja.