NASS Rejects 2025 Budget For Ministry Of Solid Minerals
The 2025 budget for the Ministry of Solid Minerals was rejected by the Joint National Assembly Committee on Friday. Naija News that the Joint Committee said the proposed ₦9 billion capital budget for the mining sector in the 2025 budget was too poor. They stated that the allocation was drastically short of the investment required […]
Contributions of Solid Mineral Sectors to Nigeria's Economic …
Contributions of Solid Mineral Sectors to Nigeria's Economic Development ... Bimbo Oni, I look forward to a wonderful future for you all. It is my earnest prayer that the Almighty God would reward each and ... extraction has historically been an important contributor to the national economy in the past. Solid minerals are natural resources ...
Promoting Value Addition Of Nigeria's Mineral Resources For Economic
Upon assuming office as the Minister of Solid Minerals Development in 2023, Dr Dele Alake declared that under his leadership, the sector aims to contribute 50 per cent to Nigeria`s GDP, primarily through foreign direct investment. ... the minister took a leading role in advocating for the cause during the Future Minerals Forum in Riyadh, Saudi ...
Nigeria: Solid Minerals, Future of Nigeria's Economy
Mr Musa Sada, the Minister of Mines and Steel Development, said the need to develop solid minerals in Nigeria had become necessary as it was the only future of this country.
Nigeria's solid mineral wealth to drive economic growth – Alake
Minister of Solid Minerals Development, Dr Dele Alake, has noted Nigeria's solid mineral wealth as essential to economic diversification, job creation, and sustainable growth.
Mining: Nigeria Must Move Beyond Extraction To Unlock …
The Minister of Solid Minerals Development, Dr Dele Alake, has said that Nigeria must move beyond extraction in mining to reap the gains of the sector. ... adding that the event was aimed at addressing both current challenges and future opportunities in Nigeria's mining sector. He said the event, with the theme "From the Inside Out ...
We want solid minerals contribution to GDP to surpass oil – Alake
NAN recalls that the minister had said that a German company, Geo Scan, conducted a preliminary survey that indicates that Nigeria has 750 billion Dollars' worth of solid minerals underground ...
Solid Minerals, Future Of Nigeria's Economy -Sada
Abuja- Mr Musa Sada, the Minister of Mines and Steel Development, said the need to develop solid minerals in Nigeria had become necessary as it was the only future of this country. Sada stated this in Abuja at the presentation of 2014 ministerial platform. He said considering the potentialities of solid minerals in the country, "the economy ...
From Oil to Solid Minerals: Focus on Growth and Economic …
To secure a more resilient economic future, Nigeria is diversifying its economy by shifting its focus from oil to solid minerals. This transition promises not only economic growth …
The Solid Mineral Sector and Economic Diversification in …
The team of this work is the diversification of Nigeria economy through solid minerals aimed at achieving economic growth and development. Today, Nigeria economy needs to be diversified based on the oil glut in the oil market that has ... healthy harnessing and utilization of the natural resources such that the future is sustained. Security ...
Solid Minerals Corporation an enduring legacy for minning sector
Minister of Solid Minerals Development, Dr. Dele Alake has assured Nigerians that the establishment of the Nigeria Solid Minerals Corporation will significantly transform the mining sector and lay the foundation for its sustainable development.
Solid Minerals sector unveils Nigeria's Hidden Riches
The Federal Ministry of Solid Minerals Development has unveiled a television series, Hidden Riches, to showcase the huge untapped potentials and vast opportunities in the country's solid ...
We Want Solid Minerals Contribution To GDP To Surpass Oil – …
The Ministry of Solid Minerals Development is determined to ensure that the solid minerals sector's contribution to Nigeria's Gross Domestic Product (GDP) surpasses that of oil, the minister, Dr Dele Alake, has said. Alake stated this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.
Solid minerals, future of Nigeria's economy, says Sada
Musa Sada, the Minister of Mines and Steel Development, said the need to develop solid minerals in Nigeria had become necessary as it was the only future of this country. Sada stated this on Monday in Abuja at the …
Solid minerals, future of Nigeria's economy –Sada
ABUJA - Mr Musa Sada, the Minister of Mines and Steel Development, said the need to develop solid minerals in
From Oil to Solid Minerals: Focus on Growth and Economic …
Steps Toward Unlocking Growth in Solid Minerals. To fully realize the economic opportunities in Nigeria's solid minerals sector, strategic actions are required: 1. Strengthen Legal and Regulatory Frameworks. The government should streamline regulations to eliminate bureaucratic delays and create a business-friendly environment for investors.
Solid minerals, future of Nigeria's economy ' Sada
Mr Musa Sada, the Minister of Mines and Steel Development, said the need to develop solid minerals in Nigeria had become necessary as it was the only future of this country. Sada stated this on Monday in Abuja at the presentation of 2014 ministerial platform. He said considering the potentialities of solid minerals in the []The post Solid minerals, future of Nigeria's economy ' …
Creating A Roadmap For Solid Minerals' Development In Nigeria
By Fatima Sule, News Agency of Nigeria (NAN) Stakeholders in the mining sector argue that Nigeria is vastly endowed with a lot of mineral resources and underscore the need for the creation of a pragmatic roadmap for their development and sustainable exploitation. They, however, concede that the roadmap, which the Federal Government presented in 2013, […]
Appointment Of SMDF Boss Followed Due Process
The Ministry of Solid Minerals Development has stated that the re-appointment of the Executive Secretary of the Solid Minerals Development Fund (SMDF), Hajia ... The News Agency of Nigeria (NAN) reports that Presidential Aide, Bayo Onanuga, announced on Friday that President Bola Tinubu approved the renewal of Shinkafi's appointment ...
Transforming Nigeria's Mining Sector: Tinubu's Progress Report
When President Bola Tinubu assumed office on May 29 2023, he vowed to elevate Nigeria's economic standing by diversifying its mono-cultural economy. One of his key …
TAXATION OF NIGERIA'S SOLID MINERAL RESOURCES: …
repositioning the sector. This is necessary in the wake of calls to diversify the nation's economy from being solely oil-based. I. Introduction Nigeria is richly endowed with a variety of solid minerals ranging from precious stone to industrial minerals. The history of organized mining in Nigeria began in 1903 with the creation of the Mineral
Economy/Business
Maiwada said that President Bola Tinubu approved the guidelines through Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. The News Agency of Nigeria (NAN) reports that on July 8, the Minister of Agriculture and Food Security, Abubakar Kyari, announced the suspension of duties, tariffs, and taxes on certain imported ...
Solid Mineral and Economic Growth in Nigeria
regulatory framework governing the sector to stimulate economic growth in Nigeria. Keywords: Solid Mineral, Economic Growth, Autoregressive Distributed Lag Model 1.1 Introduction Nigeria is blessed with an abundance of solid minerals, including iron ore, coal, limestone, and gold.
FG Unveils Software To Showcase Nigeria's Mineral Resources …
The Minister of Solid Minerals Development, Dr Dele Alake unveiled the software on Tuesday in Abuja. The DSS is a comprehensive software platform that serves as a one-stop shop for investors seeking credible and decisive information on Nigeria's mineral resources, facilities and infrastructure.
Predicting the Effects of Economic Diversification on Solid Mineral
Intuitively, holding all other factors constant, Nigeria will attain 51 percent economic diversification if solid mineral sector is fully harnessed, Considering the huge deposit and potentials in solid minerals that are abound in Nigeria, the country is at a veritable position of harnessing solid mineral for employment creation, poverty ...
Solid Minerals sector unveils Nigeria's Hidden Riches
The Federal Ministry of Solid Minerals Development has unveiled a television series, Hidden Riches, to showcase the huge untapped potentials and vast opportunities in the …
Solid Minerals, 'new Oil' For Nigerian Economy
A business mogul and philanthropist, Abdulsalam Abdulkarim-Zaura, popularly known as AA Zaura, says Nigeria's solid mineral sector is a robust alternative to crude oil for its economic growth and development. He stated this in an interview with the News Agency of Nigeria (NAN) on Tuesday, in Abuja.
Nigeria, Germany Sign MoU On Solid Minerals Exploration
He said the partnership with GeoScan would help Nigeria fully explore its solid mineral resources, which could make a substantial contribution to the country's Gross Domestic Product (GDP). He added that the development would align with President Tinubu's Renewed Hope Agenda of positioning solid minerals as a significant economic ...
Solid Mineral Development: A Panacea For The Diversification
Hence, there is no better time than now for the FG to make strategic decisions to position the economy for a future without oil, given the abundance of the much sort-after critical energy minerals like lithium and nickel in the country. ... At 5% unemployment rate, Nigeria could use solid mineral development to solve this problem, to a large ...
Predicting the Effects of Economic Diversification on Solid …
Keywords: Solid mineral, Solid mineral development, Economic diversification, Sustainable development JEL Classification: C21, C53, D78, L78, 012, 013, Q01. 1. Introduction According to Dantata (2011), Nigeria is blessed with huge deposits of solid minerals widely distributed across the different geographical zones.