Tag: Mining ministry

Granite, lead, limestone, 3 others most explored in Nigeria NEITI

Aminu Imam

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,…

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FG asks mining firms to integrate communities in operations

Aminu Imam

The Federal Government has urged mining companies to integrate communities into their operations to foster good relations between the community and the company. This was disclosed by the Minister of Mines and Steel Development, Arc. Olamilekan Adegbite in a statement issued by his media aide, Ayodeji Adeyemi at the weekend. While on a facility tour of Multiverse Mining and Exploration, Nasarawa State, the Minister enjoined the youth within the community at the mining location to take whatever opportunities the company offered. He admonished them to be hardworking and to shun…

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