Mr Adesola Obisola, an economic expert, has urged stakeholders in the mining industry to support the ongoing reforms being implemented by the Nigeria Mining Cadastre Office (NMCO).
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The Minister of Solid Minerals Development, Dele Alake, said President Bola Tinubu has fully supported him in taking strong action against state governments and others who are interfering with the federal government’s right to manage the mining sector.
President Bola Tinubu’s mining sector reforms have triggered a sixfold surge in revenue, from ₦6 billion to ₦38 billion in 2024, and attracted over $800 million in foreign investments, according to Minister of Solid Minerals Development, Dele Alake.
The growing demand for gold and critical minerals are fuelling crimes, corruption, instability in Africa, the UN Office on Drugs and Crime (UNODC) has said.
The Nasarawa State House of Assembly, on Tuesday, passed the mining bill that provides for the regulation and control of the issuance of land consent and community agreements to mining entities by communities.
The Minister of Solid Minerals Development, Dr. Dele Alake, has announced an accrued N6.9 billion revenue from the mining sector into the Federal Government’s coffers in the first quarter of the year.
Artificial intelligence (AI) is rapidly transforming Africa’s mining sector, helping to streamline operations, boost productivity, and meet ambitious production targets set by governments across the continent.
Stakeholders have attributed the recent lead poisoning outbreak in Zamfara to inadequate regulatory oversight at mining sites across the country.
The Plateau State Government says its decision to suspend all mining activities is to ensure the safety of lives and property of its citizens.
The Federal Government has lifted the ban on mining activities in Zamfara State, five years after.