Solid Minerals Development Minister Dr. Oladele Alake has hailed the $1 billion (N1.6Trillion) new iron ore to steel project planned for Kogi State as breakthrough in the Federal Government’s campaign to make local value addition the model of development in the solid minerals sector. Addressing the promoters- Chart and Capstone Integrated Limited of Nigeria and […]
As part of ongoing efforts to sanitize the mining sector, the federal government has charged suspected illegal miners arrested in Kogi and Ondo states during a recent operation led by the Mining Marshals to court. The operation, code-named “Operation Hayakin Kogo,” took place in the Ikah Community of Ankpa LGA, Kogi State resulting in the […]
The Honourable Minister of Solid Minerals Development Dr Dele Alake has commended the commitment of stakeholders in the mining industry assuring that a new Mining Act will generate maximum economic benefits from the solid mineral sector, as a major contributor to the gross domestic product of the country in the nearest future. Dr Alake disclosed […]
In a significant move to bolster Nigeria-Australia relations in the mining sector, the Australian High Commissioner to Nigeria, Her Excellency Leilani Bin-Juda, paid a courtesy visit to the Honourable Minister of Solid Minerals, Dr. Dele Alake. During the visit, the High Commissioner extended a formal invitation to Dr. Alake to attend the prestigious African Down […]
The federal government, in collaboration with stakeholders in the mining sector, has reached a consensus supporting the review of mining license rates after a recent three-hour meeting. This review aims to align the sector with current market realities and to ensure more effective management of Nigeria’s mineral resources. Stakeholders were also granted the green light […]
The Minister of Solid Minerals Development, Dr. Dele Alake has declared the forthcoming African Natural Resources & Energy Investment Summit (AFNIS) 2024 as pivotal for harnessing Africa’s mineral resources to achieve sustainable economic development. Addressing the press about the 3rd edition of the summit, scheduled to be hosted by Nigeria from July 16, Dr. Alake […]
Mining lease licence now N3 million; more royalties underway in new mining rates regime The Federal Government, through the Ministry of Solid Minerals Development, has announced a new regime of rates for the mining sector to enhance the ease of doing business and consolidate ongoing reforms. At a press conference today, the Minister of Solid […]
The Federal Government, through the Ministry of Solid Minerals Development, has announced plans to review rates of mining licenses and other sundry fees payable by mining operators in the country. Speaking during a consultative meeting with stakeholders in the mining industry, the Minister of Solid Minerals Development, Dr. Dele Alake emphasised the imperative of the […]
Increasing demand for the services of newly established, 2,220-man Mining Marshals by mining firms confirm support of the industry for the policy. Minister of Solid Minerals Development, Dr. Oladele Alake delivering his keynote address at the mining conference organized by the Nigerian Institute of Policy and Strategic Studies (NIPSS) said not less than three firms […]
The Federal Government through the Ministry of Solid Minerals Development has unveiled the gender strategy for the Nigerian Mining and Steel sectors, as a pioneering initiative to foster diversity, empowering women and enhancing the overall sustainability of the mining sector. Speaking at a dual-pronged occasion today, which also marked the launch of the Women In […]