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Download the full text of the Nigerian Minerals and Mining Act, which regulates the ownership, exploration, exploitation and administration of minerals in Nigeria. The Act …
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I—PRELIMINARY AND GENERAL PROVISIONS I. These Regulations may be cited as the Nigerian Minerals and Mining Regulations, 2011. 2. In these Regulations— (l) Unless …
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has been assigned in the Nigerian Minerals and Mining Act, 2007 (hereinafter in these Regulations referred to as "the Act") shall have that meaning. (2) In these Regulations unless otherwise stated— "Act" means the Nigerian Minerals and Mining Act, 2007 ; "active dump" means any dump where dumping operations are carried out and which …
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FAO organizational chart; Regional Office for Africa; Regional Office for Asia and the Pacific; Regional Office for Europe and Central Asia; Regional Office for Latin America and the Caribbean
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Prospecting and mining by the Corporation. Certain provisions of the Minerals and Mining Act not to apply to the Corporation. Restriction on issue or grant of rights, licences and leases under the Minerals and Mining Act in relation to coal. Prospecting and mining by the Corporation under licence from the President. …
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1 Sections, 1 & 4, Nigerian Mining Corporation Act, CAP N140, LFN, 2004. The. Petroleum Act, 1969 and the Nigerian Coal Corporation Act, No. 29 of 1950 were the.
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Furthermore, 11 Parastatals exists under the Ministry, namely the Nigerian Geological Survey Agency (NGSA), Nigerian Institute of Mining and Geo-Sciences, Jos, Mining Cadastre Office(MCO), Ajaokuta Steel Company Limited, National Iron Ore Mining Corporation (NIOMCO), Council of Nigerian Mining Engineers and Geo-scientist …
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Nigeria plans to set up the Nigerian Solid Minerals Corporation, a state-backed company to help attract investments into the extraction of gold, coal, iron-ore, bitumen, lead, limestone and baryte ...
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Nigeruian Minerals and Mining Act, 2007 - Free download as PDF File (.pdf), Text File (.txt) or read online for free. This document is an arrangement of sections for the Nigerian Minerals and Mining Act of 2007. It covers several key topics: 1) It establishes state control over mineral resources and prohibits unauthorized exploration or exploitation.
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For example, in 1999, a new national focus and strategy on mining evolved and this culminated in the enactment of the Nigerian Minerals and Mining Act (the Act or NMMA) in 2007, amongst other policy efforts. However, ... In 2023, the Africa Finance Corporation (AFC) and the Solid Minerals Development Fund (SMDF) partnered to co …
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Engr. Umar A. Hassan has thirty four (34) years' experience from a number of positions held in the Nigerian mining sector comprising being a Lecturer at Kaduna Polytechnic (1986 – 1991), a Mineral Process Engineer / General Manager of Mining Projects / Companies of Nigerian Mining Corporation, its Subsidiaries and Associated …
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The Act vests the control, regulation and ownership of all mineral resources in the Federal Government of Nigeria (FGN). The Minerals and Mining Regulations and the National Minerals and Metals Policy also govern the sector. The erstwhile Ministry of Mines & Steel Development (MMSD) oversaw the mining sector in Nigeria, pre-2024.
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Nigerian National Petroleum Corporation Act. Chapter 320. Laws of the Federal Republic of Nigeria 1990 . An Act to dissolve the Nigerian National Oil Corporation and to establish the Nigerian National Petroleum Corporation empowered to engage in all commercial activities relating to the Petroleum industry and to enforce all regulatory measures …
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How China's Appetite for Lithium is Undermining Nigeria's Mining Sector. Nigeria's rich deposits of lithium and other critical minerals have become the… Shittu Fowora; September 2, 2024; ... New Mining Act to Boost GDP — Alake. The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, has praised… Samira Alhassan ...
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According to the Nigerian Geological Survey Agency, Nigeria's lithium is acclaimed to be of high grade given it's lithium oxide content which ranges from 1 percent up to 13 percent, whereas the global standard for Lithium exploration and mining starts from 0.4 percent lithium oxide content. Indeed, Lithium exploration and processing has a rich
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NMMA Nigerian Minerals and Mining Act NMRDSS Nigerian Mineral Resources Decision Support System PAGMI Presidential Artisanal Gold Mining Initiative PAYE Pay-As-You-Earn PIT Personal Income Tax PITA Personal Income Tax Act PPP Public-Private Partnerships QCEs Qualifying Capital Expenditures QL Quarry Lease RP …
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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 …
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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 …
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Section 21 of the Act empowers the Minister to make regulations in order to give full effect to the provisions of the Act. As such, the Nigerian Minerals and Mining Regulations 2011 (the '2011 Regulation') was created by the Minister on 13 th May 2011 to further streamline the provisions of the Act including issues regarding the process of ...
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Learn about the mission, vision and policy of the ministry that oversees the exploitation and development of mineral resources in Nigeria. Find out the latest news, statistics and …
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"A special purpose vehicle (SPV) like the Nigerian Mining Corporation (NMC), will go a long way to entirely regulate and sanitize the sector, and act as a government face with multinationals ...
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The Nigerian Mining Sector now offers one of the best returns on investment, and we welcome everyone on board. Dr. Oladele Henry Alake . ... Nigerian Mineral & Mining Act 2007; Nigerian Minerals & Mining Regulations 2011; Royalty Rates for Minerals (4th July 2024) ACTU Standing Order;
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capable of putting the Nigeria mining sector on the digitization journey, make it more prominent on the global mining map, boost investors' confidence in the nation's mining sector, attract Foreign Direct Investment (FDI) and ultimately lead to an increase in the revenue accruing to the FG. In recognition of NMCO's strides on digitization via
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In 2019 the government made the decision to revise the Nigeria Minerals and Mining Act (NMMA), the law that has governed the sector since it came into force in 2007. However, as a result of the disruption caused by the Covid-19 pandemic, as well as other international and domestic challenges, the passage of the revised
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NIGERIAN MINING CORPORATION ACT. 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]
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ARRANGEMENT OF SECTIONS Preliminary provisions SECTION I. Short title. 2. Interpretation. The Nigerian Coal Corporation Establishment and constitution of the Nigerian Coal Corporation. General functions of the Corporation. Appointment of general manager and delegation of functions. Powers of the Minister in relation to the …
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The Attorney General is expected to send the bill, which is the Nigerian Minerals and Mining Act 2023, to the National Assembly.
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The Nigerian Minerals and Mining Act (2007), with globally competitive sector incentives has been in place since 2007, however, the sector's growth and contributions to GDP have remained less than ideal, accounting for only about N400 billion in GDP (about 0.33%) in 2015. To address this,
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7 Nigerian Mining Corporation (Amendment) Act. No. 39, 1998 8 First Schedule, Part I of Public Enterprises (Privatization and Commercialization) Act, No.28 of 1999 9 Vision 2010 Report on Solid ...
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Republic of Nigeria 1999 (as amended), the Nigeria Minerals and Mining Act ("Minerals Act"), the Land Use Act, the Nigerian Mining Corporation Act, the Nigerian Coal Corporation Act, the Environmental Impact Assessment Act, and others are among the laws that pertain to the ownership and control of solid minerals in Nigeria. This research …
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