The World Bank’s Board today approved a $150 million credit to enhance the contribution of the mining sector to the Nigerian economy.
Australia and Nigeria are set to enhance partnerships in the mining sector to promote the sector’s sustainability in line with the Federal Government’s development agenda.
The Dangote Group has expanded its investments into agriculture and mining, Mansur Ahmed, Executive Director, Corporate Communications of the group, said in Kano.
“A national mining event, which we hope will grow into an international event” is how the President of the Miners Association of Nigeria (MAN), Alhaji Sani Shehu, describes the upcoming, inaugural Nigeria Mining Week which is taking place in Abuja in October.
The Federal Government yesterday said that coal mining licences would be issued only to companies that are interested in generating electricity from coal.
Dangote Cement Plc, a subsidiary of the Dangote Group, has announced its plan to start mining coal at Ankpa, Kogi State, in November.
Nigeria offered a three-year tax holiday to mining investors as the West African nation seeks to raise as much as $7 billion to develop its minerals and steel industries.
Authorities at the Ministry of Solid Minerals Development yesterday confirmed the discovery of world class nickel in Kaduna State, by an Australian mining syndicate.
Launch of iPAD Nigeria Mining Forum in partnership with PwC in Abuja “a huge boost for the country’s mining sector”
“Gathering all the stakeholders to discuss the challenges and the way forward in Nigeria’s mining sector has been a huge boost in confidence for the industry and mining professionals in the country are very optimistic about the sector’s imminent rejuvenation.”
Carmie Olowoyo is general manager of Symbol Base Metals UK, and a panelist during a session on “Infrastructure and transport requirements for mining in Nigeria” at the upcoming iPAD Nigeria Mining Forum.