Reconnaissance Permit: This is a non-exclusive right awarded to Nigerian citizens, companies incorporated in Nigeria or mining co-operatives for a period of one year renewable annually to search, obtain, and remove surface samples of mineral resources in small quantities on any land within the territory of Nigeria available for mining purposes ...
Jun 20, 2008· THE REGULATORY FRAMEWORK FOR SOLID MINERALS DEVELOPMENT IN NIGERIA 'Gbite Adeniji [email protected] June 20, 2008 ... •Nigeria totally missed the mining investment funds that poured into Africa in the 1990s. ... •Body Corporate •Mining Co-operative •Holder of R.P THE EXPLORATION LICENCE .
Mar 25, 2016· Mining Sector's Legal and Regulatory Framework. The Nigerian Mineral and mining Act regulates the mining sector in Nigeria by vesting the regulation and control of ownership of Nigeria's mineral resources. Also, the provision of Nigeria's National Minerals and Metals Policy coupled with Minerals and Mining Regulations control the ...
Nov 22, 2019· The ownership and control of all minerals, oil and gas in Nigeria, its territorial waters and exclusive economic zone is vested in the Federal Government based on the provision of section 44(3) of the 1999 Constitution of the Federal Republic of Nigeria.The Federal Government is mandated to manage such natural resources in a manner as may be prescribed by the National Assembly.
British Mineral Rights in Nigeria Explorations and geological surveys of the mineral resources formed an integral part of the British colonial economic policy in Nigeria. Prior to the 1914 Mineral Ordinance, legal guidelines under which mining companies could operate in …
Nigeria's mining and mineral sector, and articulates the FGN's strategy to develop the mining sector – as a key frontier of the Nigerian economy. The current Minister of Mines and Steel Development, Dr. Kayode Fayemi has constantly echoed the commitment of the present administration to revitalize the
into the legal and regulatory framework of the Nigerian mining sector so as to see how same can serve as a catalyst to attracting foreign direct investment to the solid minerals sector. LEGAL AND REGULATORY FRAMEWORK OF THE NIGERIAN MINING SECTOR The principal legislation governing the mining sector is the Minerals and Mining Act of
A 486 2007 No. 20 Nigerian Minerals and Mining Act Functions of the Minister. metres of a railway, or which isthe site of, or within fifty metres of, any government or public building, reservoir, dam or public road; (d) that is subject to the provisions of the National Commission for …
Other Regulatory Bodies and Legislation 11 7.1 Nigerian Investment Promotion Commission . ... 9.2evocation of mineral mining licenses R 13 Appendix - Requirements for Application for Mineral Titles 15 CONTENTS NIGERIAN MINING SECTOR BRIEF 2014. OVERVIEW Nigeria is endowed with vast reserves of solid minerals, ...
MINERALS AND MINING (EXPLOSIVES) REGULATIONS, 2012 IN EXERCISE of the powers conferred on the Minister responsible for Mines by section 110 of the Minerals and Mining Act, (Act 703), 2006, these Regulations are made this day 20th of March, 2012. Application and general administration Regulation 1—Application (1) These Regulations apply to
These Regulations prescribe rules for the safe drilling, produce, storage and handling of mineral oils by holders of leases or licences under the repealed Mineral Oils Act. Tanks shall be constructed in such a way that leakages into water shall be contained. The Regulations define offences and prescribes penalties for such offences.
GTDT: Market Intelligence provides a unique perspective on evolving legal and regulatory landscapes in major jurisdictions around the world. Through engaging, easily comparable interviews, the series provides the legal profession's thought leaders with a platform for sharing their views on current market conditions and developments in the law.
New roadmap for Nigeria's mining industry. Nigeria Industry ... Over the last 10 years, attempts to boost private investment in exploration and mining through regulatory changes have fallen flat, but the recent slowdown in the Nigerian economy has brought into sharp focus the need for greater economic diversification. ... "We are a mineral ...
E-Services provided by Ministry of Mines and Steel Development. 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.
I. These Regulations may be cited as the Nigerian Minerals and Mining Regulations, 2011. 2. In these Regulations— (l) Unless the context indicates otherwise any word to which a meaning has been assigned in the Nigerian Minerals and Mining Act, 2007 (hereinafter in these Regulations referred to as "the Act") shall have that meaning.
The International Seabed Authority (ISA) (French: Autorité internationale des fonds marins) is an intergovernmental body based in Kingston, Jamaica, that was established to organize, regulate and control all mineral-related activities in the international seabed area beyond the limits of national jurisdiction, an area underlying most of the world's oceans.
The main solid minerals in Nigeria's mining industry include coal, tin, niobium and gold. In 2010, Nigeria produced an estimated 21,200 metric tons of aluminium, 600 kg of gold, 50,000 metric tons of iron ore, 450,000 metric tons of bituminous coal, 190 metric tons of niobium (columbium) and 230 metric tons of tin (US Geological Survey).
Federation of Nigeria, 2004 and the National Parks Service Act, Cap N65, laws of the Federation of Nigeria, 2004; or (e) over which a Mineral Title has previously been granted by the Mining Cadastre Office and where such Mineral Title is subslsting. (2) No reconnaissance activity shall be carried out and no mineral …
MINING IN NIGERIA –THE NIGERIAN MINERALS AND MINING ACT, 2007 "For long, West Africa has been a destination of choice for mining executives the world over, with countries like Burkina Faso, Ghana, Ivory Coast and Niger being actively explored and mined. N ow, Africa's most populous nation, Nigeria,
Sep 14, 2017· Mining, agric sectors responsible for Nigeria exiting recession – Fayemi ... Fayemi promised that the Nigeria's mineral resource endowments would be optimally exploited for the benefit of ...
Small Scale Mining. The Commission's primary responsibility is to foster the efficient and effective regulation and management of the utilization of Ghana's mineral resources.
Mining regulation is handled by the Ministry of Solid Minerals Development, which oversees the management of all mineral resources. Mining law is codified in the Federal Minerals and Mining Act of 1999. Historically, Nigeria's mining industry was monopolized by state-owned public corporations.
Developing the solid minerals sector Quick wins for the new government ... Policy on artisanal mining Nigeria is recorded to have less than 0.5% of GDP from mining of solid minerals. However, ... regulatory framework for the steel sector; amongst other current projects being run by
Nigeria: Oil & Gas Regulation 2019. The ICLG to: Oil & Gas Laws and Regulations - Nigeria covers common issues in oil and gas laws and regulations – including development of oil and natural gas,import/export of natural gas, LNG, import/export of oil, transportation, transmission and distribution and foreign investment – in 30 jurisdictions
Feb 08, 2018· The Federal Government has concluded arrangements to establish the Nigerian Mining Commission to take charge of the regulatory role of the Ministry …
Feb 12, 2017· Laws & Guidelines Regulating Solid Mineral Industry in Nigeria – You need to know about Nigerian minerals and mining regulations 2011, mining regulations in Nigeria, Nigerian minerals and mining act 2007, national minerals and metals policy 2008 Nigeria, mines and minerals act 2014, history of mining in Nigeria, problems of mining in Nigeria.
Jul 09, 2018· The potential of the Mining sector to significantly contribute to Nigeria's economy cannot be over-emphasized. An attestation to this fact is the increase in the contribution of mining and quarrying to the nation's Gross Domestic Product (GDP) which now stands at 23.54% as at Q1 2018.
THE NEW MINERALS AND MINING REGULATIONS, 2011 Highlights and Reviews GBENGA BIOBAKU & CO. Geoscientists ('COMEG') and any other relevant professional body. Applicants for a mining lease shall have in its employment person(s) who possess adequate qualification and experience in mining and who is registered with COMEG
Ghana: Mining 2020. The ICLG to: Mining Laws and Regulations - Ghana covers common issues in mining laws and regulations – including the mechanics of acquisition of rights, foreign ownership and indigenous ownership requirements and restrictions, processing, beneficiation – in 28 jurisdictions.
Act 703 Minerals and Mining Act, 2006 Qualification for grant of mineral right 10. Unless otherwise provided in this Act, a mineral right shall not be granted to a person unless the person is a body incorporated under the Companies Code 1963 (Act 179), under the Incorporated Private Partnerships Act 1962 (Act 152) or under an enactment in force.