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The Dangers of Sand Mining in Nigeria. Sand mining has severe environmental consequences. It can cause erosion and sedimentation, which can alter the flow of rivers and affect the habitats of aquatic organisms. ... The government can enforce existing laws and regulations to ensure that sand mining activities are carried out in a …
There are several problems in Nigeria's mining industry such as insufficient infrastructure, significant financing costs required for mining, unwholesome laws and illegal mining (Micah and Ibitomi, 2020). Illegal mining is widespread across Nigeria with very little data and deterrent measures in place to checkmate this unwholesome practice.
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.
The Nigerian Minerals and Mining Act of 2007, National Minerals and Metals Policy 2008 and Nigerian Minerals and Mining Regulations 2011 regulate the mining industry in Nigeria. In …
In pursuit of this aim, Nigeria revamped its mining law in 2007 and, again in 2011, with the aim of diversifying its economic and the Ministry of Mines and Steel Development has designated seven strategic minerals for …
By: Sree Kuttan Introduction Nigeria is regarded as a country endowed with abundant natural mineral resources such as iron, lead-zinc, tin, tungsten, tantalum, gold, manganese, and nickel. In Nigeria, there are a number of laws applicable to the mining sector such as the Constitution of the Federal Republic of Nigeria 1999 (as amended), …
Based on the findings of this study, the problems of solid minerals in Nigeria are inadequate basic infrastructural, illegal mining, unfavorable laws in the sector, high capital outlay, inadequate ...
Infrastructure deficit: Inadequate infrastructure, including transportation, power supply, and access to water, has been a significant challenge. These deficiencies increase operational costs and make mining less attractive for potential investors. Security concerns: Many mining regions in Nigeria face security challenges, including illegal …
"Council approved a new bill to go to the National Assembly to replace the old law guiding mining in Nigeria. The law we are operating on now is 2007 Nigeria Mineral and Mining Law and 2007 to date is 16 years. It has become obsolete. "A lot of new things have come up in mining. There's a renewed focus and everyone is coming there and as ...
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 Museums and Monuments Act, Cap.
and the Nigerian Minerals and Mining Act 2007 (Chapter N162 Laws of the Federal Republic of Nigeria (LFN) 2004 (the Mining Act), the federal government has title to all mineral resources beneath or upon any land within Nigeria, including Nigeria's continental shelf, territorial waters and exclusive economic zone.
This paper presents the loopholes and the ways to curtail the activities of illegal mining of minerals in Nigeria. KEYWORDS: illegal, mining, government, foreigners, mining rights, minerals, Nigeria, license, reform, services, monitoring. INTRODUCTION Illegal mining is the mining operation that is carried out without consent permit or allowance
"Section 2 of the Explosives Regulations, Cap. 117, Laws of the Federation of Nigeria, 1990 defines explosives…The same section defines mining as having the meaning assigned to it in the Minerals Act, and shall include the use of explosives in works authorized under the Petroleum Act.
Energizing the Nigerian Mining Sector and Placing Nigeria on the Global Mining Map Legal and Regulatory Framework Types of Mineral Titles and Licences 2.1 Coal 9 2.2 Bitumen 10 2.3 Limestone 10 2.4 Iron-Ore 10 2.5 Barites 11 2.6 Lead-Zinc 11 2.7 Gold 11 2.8 Other Emerging Strategic Minerals 12 5.1 Taxes, Royalties and Fees 20 5.2 Fiscal ...
The Mining Industry in Nigeria is governed by the following laws :-– The Constitution of the Federal Republic of Nigeria 1999(as amended). – The Nigerian Minerals and Mining Act(NMMA) 2007 and the Nigerian Mineral and …
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. …
In Nigeria, there are a number of laws applicable to the mining sector such as the Constitution of the Federal Republic of Nigeria 1999 (as amended) (the Constitution), Land Use Act, Cap L5, Laws of the Federation 2004 (the Land Use Act); Nigerian Minerals and Mining Act, 2007 (the Mining Act); Nigerian Minerals and Mining
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
The Nigerian Minerals and Mining Act 2007 ("the Act") was passed into law on March 16, 2007 to repeal the Minerals and Mining Act, No. 34 of 1999 for the purposes of regulating the exploration and exploitation of solid materials in Nigeria. This paper reviews the critical aspects of the Act. MINERALS PROSPECTING MINING AND …
Regulatory Framework of the Nigerian Mining Sector. 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 importance of an effective environmental law cannot be over-emphasised, as lack of adherence to exploitation protocols have resulted …
It is important to further emphasis that any foreign company seeking to engage in mining or buying of lithium or other mineral resources in Nigeria must first incorporate a local company in Nigeria. Under the Nigerian company law, every foreigner seeking to engage in business activities in Nigeria must incorporate a local entity; a …
The development of Nigeria's mining laws and policies has been haphazard, due mainly to the incidence of colonialism and attendant inconsistency in Government's policy towards the sector.
Mining Law 2021 A practical cross-border insight into mining law Eighth Edition Featuring contributions from: ALRUD Law Firm #PFGTUQP/bTK6QOQVUWPG ... Nigeria Brooks and Knights Legal Consultants: Adetayo Adetuyi & Nnanke Williams. 64. Peru Rubio Leguía Normand: Xennia Forno & Miguel Ángel Soto. 72.
These sort of reports on banditry and insurgencies across several mining States have discouraged foreign investors from participating in the Nigeria mining sector. Former Minister of State Mines and Steel Development, Uchechukwu Ogah, disclosed that Nigeria has in the past six years lost revenue estimated at $5 billion to the smuggling of …
In the past two decades, the Federal Government of Nigeria has made concerted efforts to revitalise and grow Nigeria's mining sector to diversify its sources of revenue and foreign exchange earnings.
Overview. 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 …
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.
By virtue of the Constitution and the Nigerian Minerals and Mining Act 2007 (Chapter N162 Laws of the Federal Republic of Nigeria (LFN) 2004 (the Mining Act), the federal government has title to ...
Unlike countries such as Ghana and Burkina Faso, Nigeria does not have a well-developed large-scale mining sector, and the majority of gold mining in the country is carried out by artisanal and small-scale miners. Artisanal mining activities in Nigeria are almost by definition informal – that is, operating outside current laws and regulations.
Over the past decade, the Nigerian mining sector (the Sector) contributed less than 1% to the Nation's Gross Domestic Product (GDP), year-on-year. Nigeria Home About Mondaq Topics. ... the respective laws afford the beneficiaries of the tax holiday incentive different levels of additional fiscal benefits other than exemption from income …