Nigeria is richly endowed with abundance of mineral resources. The country boasts of more than 40 valuable mineral deposits including clay and kaolin, gold, gypsum, iron ore, lead and zinc, …
According to an estimate by the committee put together to develop a roadmap for the sustainable development of the mining and metals sector in Nigeria, the minerals and …
Mining companies have been a pivotal sector, having a prominent impact on social welfare (Esteves, 2008; Parker and Cox, 2020), economic improvement (Sagebien et al., 2008), and environmental management (Ruokonen, 2019) in Australia, Southern Africa, Canada, and Finland, respectively.The term "social license," which was originally used to describe the …
The mining industry in Nigeria has the potential to create jobs and promote economic growth, but it has faced several challenges that have hindered its development. Brief History of Mining in Nigeria. Mining in Nigeria dates back to pre-colonial times when tin mining was the primary source of revenue for the country. Since then, the mining ...
Government attempted to liberalise the mining sector by introducing the new Minerals Act, created a basic framework to grow the sector. Nigeria today exports a range of minerals into global …
This paper will also consider the legal and regulatory framework of the Nigerian mining industry, its financial considerations and incentives as against its counterpart countries. ... narrative with a prescribed meaning but a resource for future meaning-making by others. ... role and to act as a catalyst in the development of the mining ...
Drilling. Drilling is one of the initial phases in open pit mining, involving the use of diesel-powered drill rigs and generators. The combustion of diesel fuel in these rigs results in the emission of CO 2, methane (CH 4), and nitrous oxide (N 2 O). Although CO 2 is the primary emission, CH 4 and N 2 O have significantly higher global warming potentials despite being …
This paper focuses on gas flaring; its definition, composition, types and classifications. It also highlights the policies that have been made in Nigeria concerning gas flaring and provides ...
The concept of sustainable development demands that economic ventures be both viable and environmentally sustainable. As a result of the self-seeking ethos of market economies, it is often necessary for the law to step in to moderate the profitoriented tendencies of commercial interest. ... 'New Roadmap for Nigeria's Mining Industry (2018 ...
The following mining industries are set up in Nigeria: Petroleum Industry– It is for the extraction of crude oil in Port-Harcourt, and Niger Delta area. Coal Mining Industry– It is for the mining of coal in Enugu and Benue States.
Due to the poor management and regulation of the mining sector in Nigeria, most mining activities are prompted by artisanal and small-scale miners, who make up about 95% of miners in Nigeria ...
The development of Nigeria's mining sector has been slow despite its huge potentials. To reinvigorate the seemingly comatose sector, successive administrations have taken initiatives aimed at ...
Illegal mining presents several challenges for Nigeria that need to be addressed, such as increased environmental damage and increased risks of health crises for residents in mining areas (Abdulrahman et al., 2022), (Olujobi et al., 2022).Illegal mining also constitutes security risks as one finds that in mining communities there is the threat of banditry, kidnapping …
Nigeria towards the creation of an orderly and sustainable development of Nigeria's Minerals Resources. The Nigerian government policy thrust on the mining sector is anchored on the need to develop a private sector led mining industry with Government restricting its role to that of an administrator / regulator.
country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries, or its economic system or degree of development. The views expressed in this paper do not necessarily reflect the views of the Secretariat of the UNIDO. The responsibility for opinions expressed
2.1.1 The Concept of Sand ... 2.5.5 Sand Mining in Nigeria ... The sand mining industry provides basic raw materials that touch upon many aspects of our daily lives.
Nigeria is endowed with vast reserves of natural resources such as energy minerals like coal and lithium, metallic minerals like gold and lead-zinc and industrial minerals like limestone and barite. The country was a major exporter …
Mining in Nigeria has the potential to significantly contribute to the country's economic development. However, it faces numerous challenges and obstacles that have hindered its growth and potential. This analysis will delve into the current state of the mining industry in Nigeria, its challenges, opportunities, and prospects.
The two main methods of mining are surface mining and underground mining. Surface mining: Surface mining is used to obtain minerals that are removed by blasting. It includes open pit …
Despite the enormous potential of the mining sector to accelerate Nigeria's economic prosperity and sustainable development, several factors have continued to impede the sector's capacity to perform optimally. Before the discovery of oil in commercial quantities in the late 1950s, the mining sector was the pillar of the Nigerian economy and ...
Typical activities in the mining industry include metals production, metals investing, and metals trading. Types of Mining Industry Assets. Mining assets can be divided into two main categories: projects and operating mines. 1. Projects. Projects in the mining industry can be broken down into the exploration and feasibility stage, and the ...
Corporate Social Responsibility Imperatives for the Mining Industry The notion of Corporate Social Responsibility (CSR) has gained some significance as a discourse and business practice in a globalized economy. As Hooge (2010) illustrates, the concept of CSR in mining has garnered significant attention in the last decade or so, more so in ...
The mining industry has to solve increasing social, ecological and technical problems of the future by applying holistic concepts, such as the Green Mining concept, if they hope to earn the social ...
The mining industry has been aiming to improve its overall sustainability and show its contribution and relevance to sustainable development. Embracing sustainable development helps companies maintain a social licence to operate, because the company is perceived to be behaving in a socially, culturally and/or environmentally responsible manner ...
The principal legislation governing artisanal mining in Nigeria is the Minerals and Mining Act of 2007 ably supported by the Minerals and Mining regulations of 2011. The Ministry of Mines and Steel which has the Artisanal and Small-Scale Mining Department (ASSMD) holds the responsibility of assisting and supporting Small Scale and Artisanal ...
She then presents an analysis of the concept relating to its formulation, definition and meaning. This part also explores the legal aspects of the concept so as to ascertain its true legal ...
Petroleum Industry Act, 2021 (PIA) And its Impacts on Environmental Sustainability in Nigeria. By ATER, Solomon Vendaga. Abstract. The enactment of the Petroleum Industry Act (PIA) in 2021 marked a pivotal moment in Nigeria's oil and gas (O&G) sector, culminating in a decade-long effort to address institutional challenges and conflicting interests.
Nigeria, a country well-known for its reserves of gas and oil, has advanced significantly in the mining industry recently. Numerous mineral resources, such as coal, zinc, iron ore limestone, gold, and tin, are found in the nation and have drawn both domestic and foreign investment.The top ten mining projects in Nigeria that have been crucial to the nation's efforts …
Nigeria is one of the most endowed countries in the World when it comes to its rich mineral resources, but unfortunately has one of the most underdeveloped Mining Industries in the world due to its lazy resort to make easy money off the …
As a result, Nigeria is seeking to explore other economic potentials, such as developing a Mining Resource Corridor (MRC) to reduce poverty and assist the country's sustained growth and development.
Nigeria's mining laws are handled by the Ministry of Solid Minerals Development which oversees the management of all mineral resources. 3.1.1 Nigeria Minerals and Mining Act Of 2007 'The Act' The Nigerian Minerals and Mining Act of 2007 was passed into law on March 16, 2007 to regulate all aspects of the exploration and exploitation of ...
1 Local content in the Oil and Gas Sector, World Bank Studies, 2013; and Increasing Local Content by the Mining Industry in West Africa (World Bank, 2012) ... This raises a number of question on the meaning of local content, its extent, the conditions for success, the role of government, industry and civil society, its ... policies in Nigeria ...
This work seeks to highlight the regulatory framework of the Nigeria Mining industry and the challenges of mining operations in Nigeria with a view to proffering solutions. Discover the world's ...
revamp the current mining law in conformity with international best practices. This is a very important development as mining law reform is a fundamental pillar in the entire sector reform process. My objective in this paper is not to conduct a section-by-section review of the principal legislation on mining, the Minerals and Mining Act of 1999.
The mining industry in Nigeria presents significant potential for economic transformation, but a comprehensive grasp of the legal framework is imperative in order to effectively utilize the …
Mining in Nigeria. Mining in Nigeria dates back to 1902 when organised mining in its exploration stage started with the then Secretary of State for Colonies commissioning mineral surveys of the Southern and Northern Protectorates (MMSD, 2016). The first record of a mined mineral was tin ore by the Royal Niger Company in 1905 (Hodder, 1959).
mining; mining of clay for the ceramic or refractory industries for drilling and/or as a filter medium; operations of sand or gravel pits. (vi) mining of chemical and fertilizer minerals, extraction of salt and other mining and quarrying not classified elsewhere. Consequently, what is hereby classified as division 14 consists of 4