Oyo governor backs RMAFC’s new mineral data revenue monitoring template, says this would boost mining remittance
Pix l-r: Prof. Olusegun A. Wright; Mr Abiodun Oni; Akeem O. Amosun; B.B Shetima; Engr. Adeniran Ajibade and Mr Dele Ayanleke at the event... A speedy implementation of the new solid mineral data rendition template for effective revenue monitoring is welcome as it will ensure prompt and accurate remittance of mining revenues to the Federation Account.Oyo State Governor,...
Oyo govt has created state-owned companies to explore, utilize its vast mineral wealth – Ojeyinka
Mr Olubisi Ojeyinka is the Chairman of the Miners Association of Nigeria, Oyo State chapter. In this interview with TheMiners' BANKOLE SHAKIRUDEEN, he spoke about the mineral wealth resources of Oyo state and how the government is positioning to utilise it to change the economic trajectory of the people of the state.IntroductionMy name is Olubisi Ojeyinka. I am a...
Nigeria’s strategic response to the global mineral scramble
By Adesuwa Dan- Princewill, Legal Contributor, The Miners Magazine The mining industry, once a quiet backend sector, now sits at the heart of the global Energy Transition. Internationally, the demand for "transition minerals" including lithium, cobalt, copper, and rare earth elements is projected to skyrocket by over 400% by 2040 to meet the needs of clean energy technologies. In Nigeria, this...
What to Consider in Selecting Mining Equipment
Selecting the right mining equipment is a strategic and critical decision that underpins the safety, efficiency, and long-term profitability of any mineral extraction project. The choice is fundamentally driven by a complex interplay of geological constraints, operational requirements, and, significantly in the African context, specific local infrastructure and economic realities.For a nation like Nigeria, with its vast and diverse...
US seeks bigger stake in Liberia’s critical minerals
The US has discussed expanding its investment in Liberia, including greater participation in the West African country’s critical minerals sector, the State Department said Friday.Secretary of State Marco Rubio and Liberian Foreign Minister Sara Beysolow Nyanti held talks in Washington on Thursday that focused on deepening bilateral ties, State Department spokesperson Tommy Pigott said.“The meeting explored avenues for expanding...
Lithium Must Not Go the Oil Way,-By Umar Abdulsalam
*Photo: Umar Abdulsalam* Just over five years ago, Nigeria reported the discovery of vast lithium, with confirmed deposits across 10 states of Cross River, Ekiti, Kaduna, Kogi, Kwara, Nasarawa, Niger, Ogun, Plateau and Zamfara, with a total estimated value, worth over $700 billion. Lithium could be Nigeria’s ticket into the green economy, but history warns that resource wealth here has...
RMAFC reaffirms commitment to boost revenue from mining sector
In line with its commitment to bridging the gap in the remittance of revenue generated from the mining sector into the Federation Account, the Revenue Mobilization Allocation and Fiscal Commission organised a sensitization workshop on the new template for data rendition in Enugu for the South East Zone on Thursday 16th October, 2025. Speaking at the occasion, Chairman of the...
Billyaminu Suraj’s baseless attack on the Ministry of Solid Minerals Development,- By Kehinde Bamigbetan
*Photo: Kehinde Bamigbetan* Out of several hundred licences that were revoked for offences ranging from dormancy to defaults in payment of service fees, only one of the defaulters is raising hell. This foreigner held licences for several years without any operation and refused to pay a single kobo in service to the government. He is now sponsoring economic saboteurs and...
NMW2025: Prof Olatunji urges improved access to modern equipment for local miners
By Martha AgasAn expert, Prof. Akinade Olatunji has urged the Federal Government to support indigenous small scale mining companies to access modern mining equipment for their operations.Akinade made the call in his presentation on `Leveraging the Domestic Experience: Need for Homegrown Strategy for Advancing the Mineral and Mining Sector,` on Wednesday in Abuja.The presentation was on the sidelines of...
NMW2025: Stakeholders push for stronger collaboration to unlock mining finance
*Sijuwade By Martha Agas Stakeholders in the mining sector have called for stronger inter-agency collaboration to unlock financing for small-scale mining.They made the call during a panel session at the 10th edition of Nigeria’s Mining Week, themed `Nigeria Mining: From Progress to Global Relevance`, on Wednesday in Abuja.The discussion, titled `Unlocking Small-Scale Mining Finances: The Missing Link between Exploration and...
