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Nigeruian Minerals and Mining Act, 2007 - Free download as PDF File (.pdf), Text File (.txt) or read online for free. This document is an arrangement of sections for the Nigerian Minerals and Mining Act of 2007. It covers several key topics: 1) It establishes state control over mineral resources and prohibits unauthorized exploration or exploitation.
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7 Nigerian Mining Corporation (Amendment) Act. No. 39, 1998 8 First Schedule, Part I of Public Enterprises (Privatization and Commercialization) Act, No.28 of 1999 9 Vision 2010 Report on Solid ...
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The Nigeria Mining Cadastre Office (NMCO) was established in 2007 with the responsibility for the Administration and Management of Mineral Titles in Nigeria in accordance with Section 5 (1) of the Nigerian Minerals and Mining Act, 2007 (the Act). Address: 37 Lobito Crescent; Off Ademola Adetokunbo, Wuse II, Abuja Nigeria +234 (0) …
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The Nigerian government plans to revise the 2007 Minerals and Mining Act to boost the underdeveloped mining sector and crack down on illegal mining. Learn about the proposed changes, the challenges …
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FAO organizational chart; Regional Office for Africa; Regional Office for Asia and the Pacific; Regional Office for Europe and Central Asia; Regional Office for Latin America and the Caribbean
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nigerian mining corporation act. cap n120, lfn 2004. factories act, cap f1, lfn 2004. civil aviation act, cap c13, lfn 2004. national environmental protection (protection abatement in industries and facilities generating waste) regulations s49 of 1991 l.f.n. mineral act cap. 286, l.f.n 1990. 1. national oil spill detection and response agency ...
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The decline of mining in Nigeria was as a result of two major reasons; the discovery of oil in 1956, and the introduction of the indigenization Decree of 1972. This decree led to the establishment of the Nigerian Mining Corporation (NMC) and the Nigerian Coal Corporation (NCC) with specific mandates ( Mallo 2003).
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Learn about the mission, vision and policy of the ministry that oversees the exploitation and development of mineral resources in Nigeria. Find out the latest news, statistics and …
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Section 21 of the Act empowers the Minister to make regulations in order to give full effect to the provisions of the Act. As such, the Nigerian Minerals and Mining Regulations 2011 (the '2011 Regulation') was created by the Minister on 13 th May 2011 to further streamline the provisions of the Act including issues regarding the process of ...
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ARRANGEMENT OF SECTIONS Preliminary provisions SECTION I. Short title. 2. Interpretation. The Nigerian Coal Corporation Establishment and constitution of the Nigerian Coal Corporation. General functions of the Corporation. Appointment of general manager and delegation of functions. Powers of the Minister in relation to the …
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In 2019 the government made the decision to revise the Nigeria Minerals and Mining Act (NMMA), the law that has governed the sector since it came into force in 2007. However, as a result of the disruption caused by the Covid-19 pandemic, as well as other international and domestic challenges, the passage of the revised
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An Act to Repeal the Minerals and Mining Act, No. 34 of 1999 and Re-enact the Nigerian Minerals and Mining Act, 2007 for the purposes of Regulating all Aspects of the Exploration and Exploitation of Solid Minerals in Nigeria; and for Related Purposes.
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capable of putting the Nigeria mining sector on the digitization journey, make it more prominent on the global mining map, boost investors' confidence in the nation's mining sector, attract Foreign Direct Investment (FDI) and ultimately lead to an increase in the revenue accruing to the FG. In recognition of NMCO's strides on digitization via
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The Act vests the control, regulation and ownership of all mineral resources in the Federal Government of Nigeria (FGN). The Minerals and Mining Regulations and the National Minerals and Metals Policy also govern the sector. The erstwhile Ministry of Mines & Steel Development (MMSD) oversaw the mining sector in Nigeria, pre-2024.
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Nigerian Coal Corporation. Location of the Industry – Enugu Ownership Structure – Govt Owned. The Nigerian Coal Corporation was established in 1950 and it is owned by the FGN. The headquarter is located at No 25 Okpara Avenue, Enugu. SECTOR DATA
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An Act to establish the Nigerian Mining Corporation as a statutory corporation empowered to engage in prospecting for mining and refining minerals of various kinds …
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The web page provides an overview of the Minerals and Mining Act of 2007 and its regulations, which govern the mining sector in Nigeria. It also highlights the challenges …
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Nigerian National Petroleum Corporation Act. Chapter 320. Laws of the Federal Republic of Nigeria 1990 . An Act to dissolve the Nigerian National Oil Corporation and to establish the Nigerian National Petroleum Corporation empowered to engage in all commercial activities relating to the Petroleum industry and to enforce all regulatory measures …
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Detailed investigation established the reserves to be about 200 million tonnes with an approximate iron (Fe) grade of 36%. Decree No. 60 of 19th September, 1979 dissolved the NSDA and established six companies, one of which was Associated Ores Mining Company (AOMC). AOMC was later renamed National Iron Ore Mining Company …
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Nigeria plans to set up the Nigerian Solid Minerals Corporation, a state-backed company to help attract investments into the extraction of gold, coal, iron-ore, bitumen, lead, limestone and baryte ...
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Establishment of the Minerals Act and Powers of the Minister. The mineral sector is regulated by the Minerals and Mining Act 2007 ("the Act"). The Act repealed the Minerals and Mining Act, No. 34 of 1999 and vests control and ownership of all properties and minerals in, under or upon any land in Nigeria in the Federal Government.
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Download the full text of the Nigerian Minerals and Mining Act, which regulates the ownership, exploration, exploitation and administration of minerals in Nigeria. The Act …
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The Nigerian Mining Sector now offers one of the best returns on investment, and we welcome everyone on board. Dr. Oladele Henry Alake . ... Nigerian Mineral & Mining Act 2007; Nigerian Minerals & Mining Regulations 2011; Royalty Rates for Minerals (4th July 2024) ACTU Standing Order;
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Republic of Nigeria 1999 (as amended), the Nigeria Minerals and Mining Act ("Minerals Act"), the Land Use Act, the Nigerian Mining Corporation Act, the Nigerian Coal Corporation Act, the Environmental Impact Assessment Act, and others are among the laws that pertain to the ownership and control of solid minerals in Nigeria. This research …
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"A special purpose vehicle (SPV) like the Nigerian Mining Corporation (NMC), will go a long way to entirely regulate and sanitize the sector, and act as a government face with multinationals ...
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Prospecting and mining by the Corporation. Certain provisions of the Minerals and Mining Act not to apply to the Corporation. Restriction on issue or grant of rights, licences and leases under the Minerals and Mining Act in relation to coal. Prospecting and mining by the Corporation under licence from the President. …
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NIGERIAN MINING CORPORATION ACT. An Act to establish the Nigerian Mining Corporation as a statutory corporation empowered to engage in prospecting for mining and refining minerals of various kinds occurring in Nigeria apart from coal and petroleum. [1972 No. 39.] [24th October, 1972]
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The Nigeria Mining Cadastre Office (NMCO) was established in 2007 with the responsibility for the Administration and Management of Mineral Titles in Nigeria in accordance with Section 5 (1) of the Nigerian Minerals and Mining Act, 2007 (the Act). Address: 37 Lobito Crescent; Off Ademola Adetokunbo, Wuse II, Abuja Nigeria +234 (0) …
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1 Sections, 1 & 4, Nigerian Mining Corporation Act, CAP N140, LFN, 2004. The. Petroleum Act, 1969 and the Nigerian Coal Corporation Act, No. 29 of 1950 were the.
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How China's Appetite for Lithium is Undermining Nigeria's Mining Sector. Nigeria's rich deposits of lithium and other critical minerals have become the… Shittu Fowora; September 2, 2024; ... New Mining Act to Boost GDP — Alake. The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, has praised… Samira Alhassan ...
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I—PRELIMINARY AND GENERAL PROVISIONS I. These Regulations may be cited as the Nigerian Minerals and Mining Regulations, 2011. 2. In these Regulations— (l) Unless …
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Furthermore, 11 Parastatals exists under the Ministry, namely the Nigerian Geological Survey Agency (NGSA), Nigerian Institute of Mining and Geo-Sciences, Jos, Mining Cadastre Office(MCO), Ajaokuta Steel Company Limited, National Iron Ore Mining Corporation (NIOMCO), Council of Nigerian Mining Engineers and Geo-scientist …
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An Act to establish the Nigerian Mining Corporation as a statutory corporation empowered to engage in prospecting for mining and refining minerals of various kinds …
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The Nigerian Minerals and Mining Act (2007), with globally competitive sector incentives has been in place since 2007, however, the sector's growth and contributions to GDP have remained less than ideal, accounting for only about N400 billion in GDP (about 0.33%) in 2015. To address this,
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Welcome to the Integrated Automation and Interactive Solid Minerals Portal (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, Abuja, F.C.T., Nigeria. Call Us: +234 9 …
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4.2.3 A qualified applicant for a Water Use Permit is – The Holder of an Exploration Lease, Mining Lease or Quarry Lease subsisting at the time the water right granted will be used, or an applicant for a Mining Lease, Small Scale Mining Lease or Quarry Lease for which the water right will be required to be used. 10 4.3 The Mining …
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