Tag: Minister of Mines and Steel Development

He likened attempting to revive the steel company to comparing outdated technology with modern advancements.

“We cannot solve all the problems from Abuja, particularly the two critical problems of security and energy."

The Nigerian government says the resuscitation of the Ajaokuta Steel company is crucial to President Bola Tinubu’s agenda of job ...

"Our past leaders recognised the importance of steel development but lacked the political will to achieve its objectives,” he said.

"If the former vice president had any solution to the Ajaokuta challenge, and he didn’t execute it in 2004, why ...

The minister said the new deal on Ajaokuta Steel Company will be completed in March

The government says it will no longer be possible for it to revive the steelworks before the Buhari administration leaves ...

The government encourages artisanal miners to form cooperatives to ease access of government financing and provision of equipment.

He said six plants were being set up in the various regions to process mineral resources deposited in those regions.

“The steel territory where Ajaokuta sits is about three times bigger than the Federal Capital Territory (FCT)."

The Mines and Steel minister says the mining police failed because it was not funded by the federal government.

Nigeria’s bitumen deposits are ranked sixth in the world in terms of reserve size, an official said.

The government says foreign and local investors can keep 100 per cent of minerals mined.

“The benefits of the initiative include increased revenue through royalty payment, conservation of foreign exchange and local content promotion in ...

The governor said some restrictions from the federal government over the years have made it difficult to fully harness the ...

The governor asks the federal government to assist in harnessing the huge solid mineral deposits in Katsina State.

“Before oil and gas, Nigeria relied on coal and tin; we were exporting and were indeed, quoted on the London ...

The minister acknowledged the support of the state government, “through the donation of the land for the project.

According to the minister, President Muhammadu Buhari also set up a mining police comprising Inspector-General of Police, Chief of Army ...

Federal government says multiple taxation is discouraging investment in Nigerian mining sector.

The governor commends the federal government's Presidential Gold Mining initiative.

BFIGroup urged Mr Adegbite to “stop playing hide and seek and face the facts as they are”.

Mr Adegbite said the federal government is reaching out to the states to create a win-win situation.

The committee will address all the issues involved in developing the solid mineral sector.

A minister told lawmakers that some governors support illegal mining in their states.