an act to repeal the minerals and mining act, no. 34 of 1999 and re enact the nigerian minerals and mining act, 2007 for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in nigeria; and for related purposes. enacted by the national assembly of the federal republic of nigeria.
Nigeria is richly endowed with mineral resources that are yet to be explored. In 2015, solid minerals accounted for about 0.3% of the GDP, significantly lower than the 19.17% and 4.11% contributed by the agricultural and oil and gas sectors respectively, according to Nigerian Bureau of Statistics . Investments in the mining industry would not
Appendix 3 Available geographical map of Nigeria showing mineral occurrences. Appendix 4 List of other relevant regulatory agencies . Appendix 5 Key action items and timelines for executing the mining sector roadmap. Appendix 6 Application requirements for mining titles. Contact us 32
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An Act to establish the Nigerian Mining Corporation as a statutory corporation empowered to engage in prospecting for mining and refining minerals of various kinds occurring in Nigeria apart from coal and petroleum. 1972 No. 39. 24th October, 1972 Commencement.
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Small Scale Mining Industry in Nigeria. The mining industry in Nigeria is one of great potential. It is however only just developing. Small scale mining is an integral part of mining in Nigeria, which can contribute to local and foreign exchange earnings as well as by encouraging foreign direct investment and boosting the country39;s economy.