The minister also said that they intended to establish Nigerian Solid Minerals Investment Fund (NSMIF) structured as a private sector-oriented investment outfit to provide financing to private sector-led projects in mining sector.
Browsing: Solid Mineral
29 March 2017, Sweetcrude, Abuja – The World Bank is considering a $150 million loan that would go to boost…
Sam Ikeotuonye 29 March 2017, Sweetcrude, Lagos – The Nigerian government says it will soon become an offence for anyone to…
Kunle Kalejaye 27 March 2017 Sweetcrude, Lagos – The people of Kogi Central Senatorial District in Kogi State has petitioned…
A source close to the village told journalists yesterday that three of the victims were members of the same family who had been in the mining business for more than two decades, adding that the other four were hired from the neighbouring village to help them in excavations.
He said that some of the defaulters did not conduct Environmental Impact Assessment (EIA) before commencing operations, adding that this could be dangerous to the host communities’ health and cause environmental degradations.
“Government is committed to the scheme. Our miners cannot achieve much as long as they rely on shovel and digger for their work. We also know that modern equipment are quite costly. So, government would make arrangements with financial institutions and some operators to make the equipment available for leasing.”
“What Dangote is doing is marvelous. We need to commend them. The way they led the backward integration policy to turn around our fortunes in the cement industry. I am delighted to see the development here bigger that what I saw the last time. And we are looking at how we can replicate the successes in the cement industry in other non-oil sectors of our economy.”
20 March 2017, Sweetcrude, Lagos – The Nigerian government says it will soon become an offence for anyone to take…
19 March 2017, Sweetcrude, Abuja — The Nigerian government has commenced moves to criminalise the export of unprocessed minerals, with…