Alake Woos Foreign Mining Investors With Enhanced Investment …
The Minister of Solid Minerals Development, Dr. Oladele Alake. In a bid to attract foreign investors to Nigeria's mining sector, the Minister of Solid Minerals Development, Dr. Oladele Alake has announced new commitments at the Mines and Money Conference in London, England. Alake addressed global stakeholders, emphasising the …
Nigerian Mining Sector Watch
According to the Nigerian Geological Survey Agency, Nigeria's lithium is acclaimed to be of high grade given it's lithium oxide content which ranges from 1 percent up to 13 percent, …
Association calls for caution in visa issuance to foreign investors
Miners. Alhaji Sani Shehu, President, Miners Association of Nigeria, has advised the Federal Government to put adequate measures on ground to identify genuine foreign mining investors before issuing them visas.
nigerian-mining-sector-watch
If widely adopted, the System is capable of putting the Nigeria mining sector on the digitization journey, make it more prominent on the global mining map, boost investors' …
Foreign Investors Thrive In Nigeria: 2024 Success Stories
Explore success stories of foreign investors in Nigeria's booming sectors and learn how to capitalise on the country's potential.
FG Promises Investors Ownership of Investments in …
The Federal Government has promised ownership of investments to investors who invest in Nigeria's mining sector. The government said that the idea of allowing both local and foreign mining investors to own of mineral mined is part of its incentives to attract investors into the mining sector.
FG Woos Foreign Mining Investors With Lower Production …
(AFRICAN EXAMINER) - The Minister of Solid Minerals Development, Dele Alake, on Tuesday assured foreign investors of low production costs in the country's mining sector. Speaking at the Mines and Money Conference in London, Alake said that President Bola Tinubu has embarked on reforms to boost investment by streamlining …
The FDI landscape in Nigeria in 2023
The near-completion of a $600m steel plant in Kaduna State represents the largest ever non-oil-related foreign investment in Nigeria. With more than 853km of coastline, Nigeria also has the potential to become a hotspot for blue economy growth in sectors such as tourism
(PDF) LEGAL ANALYSIS OF NIGERIA'S MINING LAW AND …
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 ...
Nigerian Mining Industry: Opportunities for Foreign Investors
The ownership of the mineral resources is vested in the Federal Government of Nigeria as custodian on behalf of the citizens of the country. The Nigerian government has recognized that the successful exploration and exploitation of its mineral resources requires both technical expertise and financial strength to a large extent can be provided by foreign …
Nigeria Unveils New Geological Map For Mining investment
The Nigerian government has unveiled a first-of-its-kind geological map to show investors the locations and other potentials of Mineral deposits acros
Nigerian Mining Industry: Opportunities for Foreign Investors
The Nigerian government has recognized that the successful exploration and exploitation of its mineral resources requires both technical expertise and financial strength to a large …
The Nigerian Mining Sector In 2023
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 …
Reviving Nigeria's neglected $700bn mining sector
Amid the global push for green energy solutions, Nigeria's reserves of critical minerals such as lithium, manganese and nickel are in high demand, prompting the government to release a series of initiatives that will fast-track foreign direct investment into the sector. On February 8, the Africa Finance Corporation (AFC), a pan-African multilateral …
FG woos foreign mining investors with lower production cost: Nigeria
Addressing global stakeholders in the mining industry, Alake, in the 15-minute speech, pitched for more investment in Nigeria, listing unique advantages such as lower production costs due to surface mining and billions of dollars in untapped minerals.
Glencore mulls mining investments in Nigeria
This visit coincides with Nigeria's efforts to attract foreign investors to its underdeveloped mining sector. Alake highlighted the federal government's push to attracting major international ...
Foreign Direct Investment Regimes Nigeria 2024
Foreign Direct Investment Regimes covering issues in Nigeria of Foreign Investment Policy, Law and Scope of Application, Jurisdiction and Procedure
FG woos foreign mining investors with lower production cost
The Federal Government has assured foreign investors interested in the Nigerian mining sector of a conducive business environment and low production costs to boost their profitability.
The Nigerian Mining Sector In 2023
These sort of reports on banditry and insurgencies across several mining States have discouraged foreign investors from participating in the Nigeria mining sector.
NIGERIAN MINERALS AND MINING ACT
NIGERIAN MINERALS AND MINING ACT ARRANGEMENT OF SECTIONS . CHAPTER I . Minerals, Prospecting, Mining and Quarrying. ... of the exploration and exploitation of solid minerals in Nigeria; and for related purposes. [2007 No. 50.] [29. th March, 2007] ... create an enabling environment for the private investors, both foreign and do-
Alake Urges Foreign Businesses to Invest in Nigeria's Mining …
The Minister of Solid Minerals Development, Dele Alake, has described Nigeria as Africa's choice mining investment destination, emphasising incentives and policies promoting ease of doing ...
OVERVIEW OF THE NIGERIAN MINING SECTOR: …
It is critical that Nigeria positions its mining sector to attract foreign investment and partnerships as is the case in Angola, South-Africa and other African nations who …
FG woos foreign investors for mining sector
Alake, addressing global stakeholders in the mining industry, pitched for more investment in Nigeria listing unique advantages such as lower production cost due to surface mining and billions of ...
Doing Business In Nigeria: Some Of The Incentives Available To Investors
To this effect, a foreign enterprise can generally invest in all or a portion of the shares of any Nigerian enterprise (other than few business activities expressly prohibited by the NIPC Act) in any convertible foreign currency; thereby opening up the Nigerian economy to foreign investment capital.
Federal government assures foreign mining investors of
The Federal Government has assured foreign investors interested in the Nigerian mining sector of conducive business environment and low production cost to boost their profitability.
nigerian-mining-sector-watch
If widely adopted, the System is capable of putting the Nigeria mining sector on the digitization journey, make it more prominent on the global mining map, boost investors' confidence in the nation's mining sector, attract Foreign Direct Investment (FDI) and ultimately lead to an increase in the revenue accruing to the FG.
(PDF) A RESEARCH PAPER ON THE FUTURE OF MINING …
A foreigner can invest in Nigeria through Foreign Direct Investment (FDI) or Foreign Portfolio Investment (FPI). A foreign investor can own of the shares of the local subsidiary (FDI). The foreign investor is expected to register the company with Corporate Affairs Commission.
Nigerian Mining Progress, but still a long way to go.
Nigeria's Mining regulatory framework: To further attract investment, generate revenues and develop the local mining industry, the Federal Government of ... much more involvement of both local and foreign investors. Global Mining trends: Several global trends, including rising demand for critical minerals, sustainable mining, ...
Nigerian Mining Sector Brief: Fourth Edition, June 2024
Therefore, the FGN needs to revisit the entire fiscal framework for the taxation of mining operation, to bring it in alignment with global best practices to attract mining majors and foreign investors.
Nigeria Woos Foreign Mining Investors, Promises Lower …
Last updated Nov 30, 2023. Nigeria's Minister of Solid Minerals Development, Dr. Oladele Alake, seeks to woo foreign investors with lower mining production cost and a …