Nigeria receives over $1bn FDI in mining sector – Minister
Dec. 9, 2022 The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says the country’s mining sector has received over 1 billion dollars in Foreign Direct Investments (FDI) in…
Nigeria to complete six plants for processing mineral deposits soon- Minister
November 28, 2022 the process of refining gold, gemstones and other mineral resources in the six geo-political regions of Nigeria. The Minister of Mines and Steel Development, Mr. Olamilekan Adegbite…
UK company to invest $100m in gold mining in Nigeria, woo other investors
July 19, 2021 Mr Julian Hammond, Director, Aurelia Mining Limited, based in the United Kingdom (UK), says the company will invest 100 million U.S. dollars in Gold mining in Nigeria….
FG Approves Establishment Of 20 New Private Universities
The Federal Executive Council has approved a memo from the Ministry of Education for the establishment of 20 new private universities across the country. The 20 new private universities are…
We’re isolating artisanal miners from illegal foreign miners – Minister
Mr. Olamilekan Adegbite, the Minister of Mines and Steel Development says artisanal miners are not illegal miners. Adegbite made this known to the News Agency of Nigeria (NAN) on Wednesday…
Nigeria aims to have 50 mines in operation by 2023Â
Nigeria aims to have 50 mines in operation by 2023 and can make up for time lost because of the impact of COVID-19 on development of the nascent sector, the…
Mines and Steels ministry collaborating to make Visa regime stricter to address illegal mining – Minister
Mr Olamilekan Adegbite, Minister of Mines and Steel Development says the ministry is working with the Ministry of Interior Affairs to make issuance of tourist VISA stricter for foreigners to…
Completion of Ajaokuta steel coy: We have full presidential backing – Minister
Minister of Mines and Steel Development, Olamilekan Adegbite Mr Olamilekan Adegbite, the Minister of Mines and Steel Development says President Muhammadu Buhari has given marching orders to his ministry for…
National economic council approves additional $250m investment for NSIA
Having received a presentation of the Nigeria Sovereign Investment Authority (NSIA) business update, and outlook, the National Economic Council on Thursday resolved to invest an additional $250 million into…
Mining: FG sets up committee on Optimisation of Revenue from Mineral Resources sector
Minister of Mines and Steel Development, Olamilekan Adegbite The Minister of State for Ministry of Mines and Steel Development, Dr Uchechukwu Ogah has said that the Federal Government would no…