- published: 27 Oct 2016
- views: 710
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The mining of minerals in Nigeria accounts for only 0.3% of its GDP, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore. Rights to ownership of mineral resources is held by the Nigerian government, which grants titles to organizations to explore, mine, and sell mineral resources. Organized mining began in 1903 when the Mineral Survey of the Northern Protectorates was created by the British colonial government. A year later, the Mineral Survey of the Southern Protectorates was founded. By the 1940s, Nigeria was a major producer of tin, columbite, and coal. The discovery of oil in 1956 hurt the mineral extraction industries, as government and ...
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Tin Mining in Jos started way back in1902 and by the mid 1940s the British government formally entered tin exploration and mining in the region making it the number one foreign export from Nigeria. However, the discovery of oil in the mid 1950s and the subsequent shift in emphasis from tin mining left present day Plateau State with the huge challenge posed by degradation and devastation, with over 4,000 abandoned mining ponds dotting the state, neglected and have continually posed a serious threat to the environment and the inhabitants. Quite a lot of damages have been meted on the land, particularly around the Jos area of Plateau State.
Subscribe to our channel http://bit.ly/AJSubscribe At least 160 people have died in Northern Nigeria, and this number is likely to increase as villagers continue to expose themselves to lead poisoning from illegal gold mining. The discovery of a gold deposit triggered a "gold rush" among impoverished farmers who dug up rocks by hand, unaware that the ore contained dangerously high concentrations of lead. Nigerian authorities have asked for assistance from various international agencies, including the World Health Organisation, to help contain the outbreak. But the Nigerian government has not stepped in to curb the illegal mining. It is reported that at least 111 of those killed were children, many of them under the age of five. Inside Story asks: Just why do these people run this risk? Ho...
Located on a large expanse of land of approximately 3 Kadestra Unit of block in Gallowy Village, Bwari Local Government Area Of Abuja, Houtex Resources Nigeria Limited, began operations about a year ago, making one of the finest variables of aggregate stones for building construction in the region For more information log on to http://www.channelstv.com
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Nigeria’s Acting President, Prof Yemi Osinbajo, on Tuesday disclosed that the country’s mining sector will receive $600 million investment fund through the Nigerian Sovereign Investment Authority, the Nigerian Stock Exchange and others. Osinbajo disclosed this while declaring open the ongoing three-day National Mining Summit, with the theme, ‘Unearthing Nigeria’s Mining Sector’, in Abuja. “We are currently working with the Nigeria Sovereign Investment Authority, the Nigerian Stock Exchange, and others to assemble a $600m investment fund for the sector. Internationally we have secured $150m in funding from the World Bank for the Mineral Sector Support for Economic Diversification (MSSED).” He expressed optimism that with the recently launched Economic Recovery and Growth Plan, the country...
The Nigerian geological survey has signed an all-encompassing memorandum of understanding with the Chinese National Geological Survey to partner with the ministry of mines and steel development in the exploration of the mining sector in Nigeria. The two sides reached the understanding at the first mining investment road show held by the ministry in Beijing.