Sep 21, 2020 · Government to Revise Mines and Minerals Act. Acting Mines Director in the Ministry of Mines and Minerals Development, Brighton Kateka says the .
Aug 25, 2020 · For one, Nigeria's stock of mineral resources is widely credited with having the capacity to kick start a boom in the mining industry and by extension, the economy.
Revitalising the mining sector is part of extended government efforts to rectify massive imbalances in the economy, and the solid mineral sector is seen as crucial to overcoming the historic dependence on oil and gas. Mining activities suffered heavily because of official neglect during more than three decades of political turmoil and civil war that shattered the Nigerian economy. The richly ...
The Bill, in its current form, seeks to extend the NC philosophy to operations and transactions in all areas of the Nigerian economy, particularly, in the petroleum, solid minerals mining, construction, power, information and communiions technology (ICT), manufacturing and health sectors.
Aug 04, 2021 · The United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) and (BPE) to support the Bureau in the areas of Institutional and Human Capacity Building. Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh and Prof Chidi Onyia display signed Mutual Accountability Framework (MAF) documents between UKNIAF and BPE.
Dec 31, 2020 · One of the events that shaped 2020 in the solid mineral sector is the renewed call for the amendment of the Nigerian Minerals and Mining Act 2007, the Petroleum Act .
Jun 30, 2021 · Mr. Speaker, I am not oblivious of the provisions of the Minerals and Mining (Amendment) Act, 2020 (Act 995), which requires seizure of the equipment used for illegal mining, the successful prosecution of the people involved, before confision of the equipment and its eventual disposal by the Minister for Lands and Natural Resources.
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Contract law in Nigeria is one of the developments in the economic and legal reform of the Federal Government of Nigeria aimed at protecting the rights of the parties involved in business transactions. Several other reforms such as the Law of Minerals and Mining Act. 2007 saw the regulator of the sector gaining powers to grant licenses, secure ...
May 14, 2020 · "More particularly, we ask that the government fulfil its obligations of ensuring the reform of Nigeria's Minerals and Mining Act and other extant regulations to conform to the ECOWAS mining directive in order to holistically develop the sector."
Section 1(1) of the Nigerian Minerals and Mining Act, 2007 gives the federal government ownership and absolute control over all mineral resources in the country, including the mining process.
Mar 02, 2020 · Mar 12, 2020. The Mineral Laws (Amendment) Bill, 2020 was introduced in Lok Sabha on March 2, 2020. The Bill amends the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) and the Coal Mines (Special Provisions) Act, 2015 (CMSP Act). An Ordinance with similar provisions was promulgated on January 10, 2020.
Starting from 1late 90s, there was national discourse on the sector's problems and how to attract private investment leading to the passage of the Nigerian Mineral and Mining Act in 2007, followed ...
Mar 19, 2020 · Illegal mining is a hindrance to their adequate functionality and growth. The Importance Of Minerals Mineral resources are of great importance to the nation. 1. It provides raw materials for some industries. 2. Minerals such as coal and gas are the .
The Mining and Minerals Act (2007) defines the Nigerian Mining Cadastral Office (MCO) as an autonomous body administering mining titles with integrity and in a transparent manner on a "first come, first served" basis.