As Africa's top oil producer, Nigeria has long endeavored to diversify its economy to include its mining sector, which boasts promising deposits of gold, zinc, lithium, and iron ore. The implementation of a new mining law in 2007 was an important step in this diversification drive, introducing a modern framework that requires no free-carry ...
Abdulwahab Salisu and other children in Zamfara, Nigeria, engage in illegal gold mining amidst dangerous conditions to support their families. Despite the physical risks, these efforts are driven by poverty, exacerbated by terrorism, and lack of effective enforcement of state child protection laws.
The Explore the importance of community engagement in Nigeria's mining sector. Understand how effective collaboration with local communities fosters trust, ensures sustainable practices, and improves socio-economic conditions. Learn about challenges faced by mining companies, best practices for engagement, and successful case studies that ...
This is an overview of the background and significant features of Nigeria's Environmental Impact Assessment (EIA) Regulations and the Mining and Minerals Act of 2007. The 2007 Mining and Minerals Act. Prior to the 2007 Framework The Minerals and Mining Act of 1999 governed Nigeria's mining industry prior to the Mining and Minerals Act of 2007.
THE LEGAL FRAMEWORK AND IMPACT OF MINING ACTIVITIES. Section 4, item 39 of the Exclusive Legislative List of the 1999 Constitution of the Federal Republic of Nigeria (as amended) confers upon the …
committed to fulfilling its mandate of regulating Nigeria's mining industry and ensuring compliance with the law. "Nigeria's mining sector has vast potential, with an estimated value of $750 billion in solid minerals, including significant deposits of coal, gold, lead-zinc, limestone, and lithium," Prof. Opafunso stated.
Nigeria's abundant mineral potentials can be harnessed to significantly contribute to her socioeconomic development if the regulatory framework of the Nigerian Mining Industry (NMI) is properly articulated and implemented, devoid of the regulatory conflicts that have been observed amongst various regulatory and government entities.
The Nigerian government policy thrust on the mining sector is anchored on the need to develop a private sector led mining industry with Government restricting its role to that of an administrator …
NIGERIAN MINERALS AND MINING ACT No. 20 of 2007 MINERALS AND MINING REGULATIONS, 2011 [13th Day of May 20111 In exercise of the powers conferred upon me by …
Under Nigerian law, the federal government owns all mineral resources in the country. ... Banner image: Mukaila Adio, a resident of Oja Tuntun, one of many villages affected by gold-mining, points ...
development of for gold mining operations in Nigeria; (c) ensure compliance with applicable mining laws and regulations governing gold mining pursuant to the Mining Act: (e) ensure regular supply of gold to the Central Bank of Nigeria for the maintenance of …
The Mining Act is Nigeria's major legislation governing the mining sector. It regulates all aspects of the exploration and exploitation of solid minerals in Nigeria. The Mining …
Governor Dapo Abiodun of Ogun State claims that unchecked mining operations are seriously harming the state's ecology. The environmental effects of uncontrolled mining have severely damaged areas like Ewekoro, Ijebu-Ode, and Sagamu, resulting in extensive deforestation, water contamination, and the loss of agricultural land. Local ecosystems have …
SROL It is the most advanced gold project in Nigeria and will be the first industrial gold mine production in the country It is the most advanced gold project in Nigeria and will be the first industrial gold mine production in the countryIt is the most advanced gold project in Nigeria and will be the first industrial gold mine production in the country, Segilola Resources Operating …
mine, terrain of the mine site, foreign exchange rate, labour, fuel supply and equipment. As an example, the costs for the development of the Kalana open pit gold mine located in Mali with an output of 1.46m ounces of gold over a mine life of 14 years is estimated to be USD$187m in comparison to the much larger and
revamp the current mining law in conformity with international best practices. This is a very important development as mining law reform is a fundamental pillar in the entire sector reform process. My objective in this paper is not to conduct a section-by-section review of the principal legislation on mining, the Minerals and Mining Act of 1999.
Nigeria's mining industry is experiencing a surge, and kaolin processing is emerging as a golden opportunity for investors. Kaolin, a versatile industrial mineral, finds applications in various products, from ceramics and paints to plastics and pharmaceuticals.
scale mining sector, and the majority of gold mining in the country is carried out by artisanal and small-scale miners. Artisanal mining activities in Nigeria are almost by definition informal – that is, operating outside current laws and regulations. While the …
Current state of mining in Nigeria. The mining industry in Nigeria has historically been dominated by the oil and gas sector, leaving other mineral resources largely untapped. Nevertheless, Nigeria is rich in mineral resources …
"Council approved a new bill to go to the National Assembly to replace the old law guiding mining in Nigeria. The law we are operating on now is 2007 Nigeria Mineral and Mining Law and 2007 to date is 16 years. It has become obsolete. "A lot of new things have come up in mining. There's a renewed focus and everyone is coming there and as ...
Other laws governing the Nigerian mining sector includes; the Land Use Act of 1978, the Companies and Allied Matters Act 2020, National Environmental Standards, Regulations Enforcement (Establishment) Act 2007, Environmental Impact Assessment Act 13, Mines and Quarries (Control of Building etc.) Act 14, Explosives Act 15, Foreign Exchange ...
The prevailing theory is that due to the cash-based nature of transactions especially in gold mining, rural bandits have been drawn to the region by illicit and artisanal mining, raiding mining sites for gold and cash, which led to the death of over 150 people in the north western part of Zamfara State between mid-2016 and mid-2019. 2
Nigeria's mining sector can further maintain sustainable growth through affordable funding, expediting the amendment to mining laws, regulations and policies, access to reliable geodata, provision of tax incentives and/or …
Explore the transformative trends and predictions for Nigeria's mining industry in 2025. Discover the opportunities, technological advancements, and government policies driving explosive growth.
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The Presidential Artisanal Gold Mining Development Initiative ("PAGMI") is a comprehensive artisanal and small-scale gold mining development programme, launched in 2019 to foster the formalization and integration of artisanal gold mining activities into Nigeria's legal, economic, and institutional framework.
The Act vests the control, regulation and ownership of all mineral resources in the Federal Government of Nigeria (FGN). The Minerals and Mining Regulations and the National Minerals and Metals Policy also govern the sector. The erstwhile Ministry of Mines & Steel Development (MMSD) oversaw the mining sector in Nigeria, pre-2024.
Nigeria is regarded as a country endowed with abundant natural mineral resources such as iron, lead-zinc, tin, tungsten, tantalum, gold, manganese, and nickel. In Nigeria, there are a number of laws applicable to the mining sector such as the Constitution of the Federal Republic of Nigeria 1999 (as amended), Land Use Act, Laws of the Federation ...
The Nigerian Minerals and Mining Act of 2007, National Minerals and Metals Policy 2008 and Nigerian Minerals and Mining Regulations 2011 regulate the mining industry in Nigeria. In conclusion, prospective investors who are willing …
Energizing the Nigerian Mining Sector and Placing Nigeria on the Global Mining Map Legal and Regulatory Framework Types of Mineral Titles and Licences 2.1 Coal 9 2.2 Bitumen 10 2.3 Limestone 10 2.4 Iron-Ore 10 2.5 Barites 11 2.6 Lead-Zinc 11 2.7 Gold 11 2.8 Other Emerging Strategic Minerals 12 5.1 Taxes, Royalties and Fees 20 5.2 Fiscal ...