Breaking News

Stakeholder harps on mechanized mining sector

By Gabriel Ewepu THE former President of Miners Association of Nigeria, MAN, Sani Shehu, has said that poor mechanization is stalling diversification of the economy through the mining sector. Shehu stated this while speaking with Energy Vanguard on the need for government to adequately address the issue of mechanization of all mining operations across the
Read More

Multiple taxations, Mining sector

Nigeria Mining Week: SMDF to invest $500m in mining sector — Shinkafi

Says sector could generate $15bn annually Says $1.3bn worth of Nigerian gold illegally shipped to Dubai in 2 years By Gabriel Ewepu – Abuja As Nigeria Mining Week enters third day, the Executive Secretary, Solid Mineral Development Fund, Hajia Fatima Shinkafi, disclosed yesterday, of the Fund’s proposed investment of $500 million in Nigeria’s mining industry.
Read More

Adegbite urges mining companies to prioritize host communities’ welfare

Mining sector‘ll galvanize Nigeria’s industrialization — Adegbite

Says States not left out of mining devt By Gabriel Ewepu – Abuja The Minister of Mines and Steel Development, Arc Olamilekan Adegbite,on Monday, maintained that the mining sector will galvanise Nigeria’s industrialization. Adegbite stated this in his keynote address at the Nigerian Economic Summit Group webinar on with the theme, ‘New Normal – Opportunities
Read More

COVID-19: Miners draw FG’s attention on intervention funds to cushion effects

Making the mining sector more business friendly for investors

Olamilekan Adegbite’s appointment as the minister of Mines and Steel Development initially came as a surprise to many in the sector due to his career background as an architect with 35 years of experience in practice. Furthermore, he had just stepped down from being the commissioner for works and housing in Ogun state, in which the consensus was that he did a very good job.  His tenure as a commissioner was marked by rapid infrastructure development in roads, bridges and public market. Indeed, not a few had expected him to be given a similar portfolio in the federal cabinet. Hence it came as a shock to many when he was appointed to steer the affairs of Mine and steel Development, a sector in which he was practically a novice. But Adegbite in the last one year has proved to be round peg in a round hole as he has worked tirelessly to turn the sector around. Indeed, many stakeholders in the sector attest to the fact that the minister has made the sector more business friendly for investors to do business.

Read More
Do NOT follow this link or you will be banned from the site!