By Jemimah Wellington, JKNewsMedia Correspondent CLAIMS OVER the siting of a gold refinery in Lagos have drawn a response from the Ministry of Solid Minerals Development (MSMD) following a statement attributed to the Northern Elders Forum (NEF) and signed by its spokesperson, Professor Abubakar Jika Jiddere. The ministry said the allegation t...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s FEDERAL Government announces it has raked in over N6.9 billion from mining-related fees and registered 118 new private mineral buying centres within the first quarter of 2024. This is marking a surge in regulatory engagement and investor interest across Nigeria’s solid minerals secto...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s PUSH for economic diversification risks stalling as the Joint National Assembly Committee on Solid Minerals rejects the proposed N9 billion capital budgets for the mining sector in the 2025 appropriation. Lawmakers argue that the allocation is grossly insufficient to unlock the potential of...
By Jemimah Wellington, JKNMedia Reporter NIGERIA’S MINING sector is set to see a significant shift as new rates for licenses and permits come into effect, aiming to streamline operations and drive economic growth. The revised fees, set after consultations with industry stakeholders, are designed to improve revenue, enhance service delive...
