A new report from the Nigeria Extractive Industries Transparency Initiative, (NEITI), has shown that granite, granite dust, limestone, laterite and lead/zinc ore as the top five minerals with the highest exploration in the country. Limestone is the biggest contributor to royalties paid to the government with 37.6 percent, followed by granite aggregate, laterite, and granite dust and lead/zinc ore. Ogun, Kogi and Cross River states received the highest funds from the sale of solid minerals in 2019, inclusive of 13 percent derivation. In terms of accruals from 13 percent derivation,…
Read MoreGranite, lead, limestone, 3 others most explored in Nigeria – NEITI
