Tag: Miners

Gold surpasses $3K per ounce first time ever
News

NEC to crackdown on illegal gold miners

The National Economic Council on Thursday announced it would begin a crackdown on illegal gold miners as part of a broader strategy to safeguard Nigeria’s natural resources and significantly boost government revenue. This decision follows the Council’s move to expand the mandate of its Ad-hoc Committee on Crude Oil Theft Prevention and Control, chaired by […]

NEITI to release old data, says global body
Business

238 mining firms owe FG N1.06bn – NEITI

The Federal Government is owed roughly N1.06 billion in annual service fees by 238 companies, according to the Nigeria Extractive Industries Transparency Initiative. According to The Punch, this information was included in the newly released NEITI Industry report for the Solid Minerals Industry for 2021. “From the IA review of MCO’s record of mineral title […]

Nigeria key to transform renewable energy globally - Miners
Business

Nigeria key to transform renewable energy globally – Miners

The Nigerian Miners Association has stated that the world’s transition from fossil to renewable energy depends on Nigeria, which has enormous mineral deposits. The Punch reported that this was said at the press conference in Abuja for the upcoming 8th edition of Nigeria Mining Week by the Association’s President, Mr. Dele Ayanleke. “The world is transitioning […]