The license fee is flat across board for all participants. The asset is priced at $300,000 per asset while each field is valued at US$39.3million when estimated by 2p reserve of US$1.31.For example, Brittania-U was reported to have made a bid of US$ 1.6 Billion for Chevron's OML 52,53 and 55 which are valued at around US$ 900 Million, according to average $/2p valuation. 2018/5/22However, it is advisable that individual or company applying for any mining license in Nigeria should negotiate the final cost for processing any license with a professional consulted to handle it. In conclusion, Nigerian mining sector is thriving and it continues to attract an increased attention and focus from government and investors, both foreign and domestic.
Welcome to the Integrated Automation and Interactive Solid Minerals Portal (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, Abuja, F.C.T., Nigeria. Call Us: +234 9 523 9064
2020/3/16Nigeria earned N69.47bn from the solid minerals sector in 2018, the country's highest earnings from the industry in 12 years, an audit report released on Sunday by the Nigeria Extractive Industries Transparency Initiative stated. According to the report, the figure
On production, the NEITI Solid Minerals Report disclosed that 35.33 million metric tons of minerals valued at N32.78 billion was produced in Nigeria during the same period. A breakdown of the production showed that Limestone, Granite and Laterite accounted for 85.72% of the total minerals produced with Limestone alone contributing about 55% of the production volumes.
2018/2/10Nigeria is rich in solid minerals. This have attracted many foreign nationals. These solid minerals drive the economic sector of Nigeria. In this article, I will share with you the list of solid minerals in Nigeria and their states of location. I will also discuss the major solid
According to the Geological Survey of Nigeria Agency, Nigeria has some 34 known major mineral deposits across the country. Exploration of solid minerals like tin, niobium, lead, zinc and gold, goes back for more than 90 years, but there has been a world-wide scale production of tin and niobium only.
Two new gold refineries have been licensed by the Federal Government of Nigeria to begin producing the special metal for export. This was disclosed by the Minister of Mines and Steel Development, Olamilekan Adegbite. The Minister explained that some of the gold produced by these companies will be held in reserve by the Central Bank of Nigeria, CBN. Speaking to reporters in Abuja, yesterday
The Anambra State Government has suspended all unlicensed miners of solid minerals in the State. Governor Willie Obiano issued the directive when he received a delegation from the Revenue Mobilization Allocation and Fiscal Commission, Abuja at the governor's Lodge, Amawbia. The team which is for the Southeast Geo-political zone is on
2020/8/25Governor Bello Matawalle on Monday August 24, presented gold bars and precious stones mined from Zamfara state which he governs to President Buhari. Governor Matawalle was accompanied by Alhaji Bashir Hadejia during the presentation at the
Obtaining a mining licence means you have gotten the right to mine any mineral of the 34 exportable solid minerals in nigeria which talc, gyps, lead ore, zince, baryte etc in a state or area where the mineral is deposited. I have the complete procedure to obtain the
a license exporter of agricultural produce with the Nigeria Export Promotion Council in Nigeria Solid Minerals Send Us a Mail Gold Ore Order Lead Ore Order Gypsum Rock Order Beryllium Ore Order Copper Ore Order Manganese ore Order Mica Muscovite Gum Arabic Order Kasso Wood Order Charcoal Order Make A Request We are here to
Possess or Purchase License: The Possess or purchase license is a mining license in Nigeria, which is required from any entity seeking to trade in mineral resources. Under the Nigerian Mineral laws and regulations, it is an offence to possess or to be moving mineral resources from one place to another without the requisite license.
Nigeria as a country is blessed with abundance of many resources which include stones, precious metals and minerals. Following the history of the Nigerian mining, In the early 70s, Nigeria was a major importer of coal, tin, and columbite, as such, Nigeria made a
In Nigeria, the permanent sovereignty and ownership over mineral resources (oil and gas) found in its geographical location are vested in the Federal Government of Nigeria, conferred under Section 44(3) of the Constitution of the Federal Republic of Nigeria.
Haq Miners Nigeria Limited is duly registered with Corporate Affairs Commission of the Federal Republic of Nigeria under the Companies and Allied Matters ACT OF 1990 with Registraion Number: RC 1222480. The Company has Exploration license. The Company is
As the regulatory framework for the sector becomes clearer, Nigeria has a great opportunity of using its mineral resources to drive its industrialization and the diversification. There is a very wide variety of mineral deposits occurring across many states in the country.
Monuments Act, Cap. N19, Laws of the Federation of Nigeria, 2004 and the National Parks Service Act, Cap. N65, Laws of the Federation of Nigeria, 2004; or (e) over which a mineral title has previously been granted by the Mining Cadastre Office and where
2020/8/12The Solid Mineral Sector in Nigeria is regulated by Law. The mining, buying, selling, trading and export of any mineral in the Country is governed by the Nigerian Minerals And Mining Act 2007. There is a lot of misconceptions about how to obtain licenses and permits to operate in the Solid Mineral Sector; however, these licenses and permits are very easy to obtain if you have the right
KEYWORDS Human Excreta. Hazardous Waste. Integrated Waste Management. Recycling Facilities. Solid Waste ABSTRACT In Nigeria, there are no sewage treatment plants hence liquid wastes are managed in an indiscriminate manner. Sullage gets into drains and flows into rivers and streams. Human excreta are managed separately through ventilated improved toilets, pit toilets or septic tanks. In some
Doing business in Nigeria has never been easier. Get yourself ready for export trade training in Nigeria with the best export information on Nigeria Trade Info Portal. A grant of a Mining Licence to a prospective company is subject to proof of economic reserve of the