FG is working to reduce mercury use in Nigeria - Prem Sec

The Federal Government says it is working assiduously to develop a National Action Plan (NAP) to reduce the use of Mercury in Nigeria. Dr Abdukadir Muazu, the Permanent Secretary, Ministry of Mines and Steel Development, said this in Abuja at a workshop for National Comprehensive Analysis of Artisanal and Small Scale Gold Mining Sector.

Eta Zuma Inaugurates Coal Production Plant - Source: Punch

In the bid to curtail the use of firewood and deforestation in Nigeria, Eta Zuma West Africa Group on Thursday inaugurated the production and sale of coal briquettes as alternative fuel for home use.

The Group Managing Director of the company, Mr. Innocent Ezuma, said at the inauguration of the plant in Ankpa, Kogi State that the factory would produce 2,000 tonnes of coal briquettes a month.

Taming Rampaging Illegal Miners - Source : NewTelegraph

The mining sector’s contribution to the economy is gradually inching up, remitting over N3.5 billion to the federation account in 2017. However, stakeholders are worried over activities of illegal miners, who may reverse the modest gain recorded by the sector. ABDULWAHAB ISA reports

The mining sector recorded a modest gain ever in 2017, a feat, which was attributed to series of reforms unleashed in the sector including its overhaul to make it attractive to investors.

Mining Industry’s Contribution to Federation Account Rises to N3.5bn

The Ministry of Mines and Steel Development has said the sector contributed about N3.5 billion to the Federation Account in 2017.

Minister of Mines and Steel Development, Dr Kayode Fayemi, who disclosed this at the 2017 end of the year ministerial briefing on Thursday in Abuja, said the ministry made steady progress in 2017, having surpassed the N2 billion it generated in 2016.

Federal Government kick starts Gold purchase scheme

The Federal Government has announced plans to commence a Gold Purchase Scheme early next year, aimed at increasing revenue accruable from the country’s abundant gold deposit.

The scheme, according to the Minister of Mines and Steel Development, Dr Kayode Fayemi, would include equipping of the artisanal miners, provision of extension services and off-take of all gold produced by participants in the scheme.

Be Patient With Government Mining Calender, FG Appeals To Nigerians

The federal government through the Minister of Mines and Steel Development, Dr Kayode Fayemi has appealed to Nigerians to be patient with government as ‘mining calendar’ do not align with the ‘electoral calendar’.

He said this is because mining is not a 4year agenda, as exploration might sometime last for 10 years in some cases before getting solid result that could go into production.

Nigeria’s export value increases by 13.19% in Q3 – NBS

Nigeria’s trade value in exports increased to N3.573 billion in Q3 of 2017 representing a 13.19% increase over Q2 of 2017 and 35% over Q3 of 2016.

According to a report released by the National Bureau of Statistics in Abuja yesterday, agricultural export value in Q3 2017 stood at 38.43% lower than Q2 3017 but 25.29% higher than Q3 2016.

 

Our Aspirations is to build a Word Class Ecology of Mineral and Mining in Nig -Fayemi

The Minister of Mines and Steel Development, Dr Kayode Fayemi has reiterated the government’s determination to turn around the mining sector by building a world class ecology of mineral and mining in the country.

“This government is serious about taking mining out of the dungeon and listening to players and drivers of the industry and we are working with key enablers, particularly enabling ministries to ensure that this done” he said.

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