Mining Sector

Mining Sector

NEWSLETTER POWER & ENERGY
  The Federal Government is looking at the possibilities of raising $600million investment fund for the mining sector from the Nigerian Stock Exchange, NSE, and other sources. The ...
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Mining Sector Secures Improved Funding – Fayemi
The minister of Mines and Steel Development, Dr. Kayode Fayemi has disclosed that the mining sector has secured improved funding through increased budgetary allocation and intervention funds from ...
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FG Endorses N30bn Fund For Mining Sector
The Federal Executive Council on Wednesday approved a N30bn intervention fund for the mining sector. It also approved technical advisers for the concession of railway line. The decisions ...
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NEWSLETTER REAL ESTATE & CONSTRUCTION
Nigeria’s Federal Executive Council, FEC, on Wednesday, October 19, approved the sum of N30 billion as intervention fund for mining exploration in the country. The Minister of Mining ...
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Mining Sector Poised to Generate Extra Revenue
The Federal Government is expected to make more revenue from the sector with the approval of the mining sector roadmap by the Federal Executive Council, FEC, and discovery ...
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CHEMICAL & PETRO-CHEMICAL NEWSLETTER
The federal government has said mining and its related sectors would contribute a staggering $27 billion to Nigeria’s GDP by 2025 directly or indirectly. Minister of mines and steel ...
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Mining, Quarrying Sector Records 34.98% Drop in Q1 2016
According to the National Bureau of Statistics, NBS has said that the mining of oil and other solid minerals in the first quarter of 2016 saw a 34.98 ...
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BUSINESS & ECONOMY COVER NEWSLETTER
Mining and related services sector contribute only N400 billion to the Gross Domestic Product, GDP,  the Minister of Solid Minerals Development, Kayode Fayemi stated on Thursday, May 5. According ...
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“Only N1billion Allocated To Solid Minerals Sector In 2015 Budget” – Minister
Minister of mines and steel development, kayode Fayemi, has revealed that that the nation’s solid mineral sector was allocated only N1billion in the 2015 budget. He further revealed ...
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BUSINESS & ECONOMY
South Africa’s Department of Trade and Industry (DTI) will lead a business delegation on an Outward Selling and Investment Mission (OSIM) to Nigeria and Ghana next week, with ...
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Mining Sector Contributes N2 Billion To Federation Account
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has revealed that Nigeria’s mining sector has contributed over N2bn into the federation account. Chairman of the comission, Elias Mbam, ...
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