The Nigeria Mining Sector- 2025 End-Of-Year Report
INTRODUCTION The year 2025 marks a historic inflexion point for Nigeria’s mining and solid minerals sector. It is the final year of the 10-year implementation horizon set by the 2016 Mining Roadmap (“the Roadmap”) and, at the same time, the foundation year for a new, more targeted policy era anchored on energy transition and critical […]
2025 Mid-Year Report on the Nigerian Mining Sector
Introduction Following the close of 2024, when we reported bold steps towards sanitising and revitalising Nigeria’s mining sector, 2025 opened with even more determined activity. In our 2024 End-of-Year Report, we identified regulatory overhauls, strategic investments in lithium and gold, and a renewed focus on host community engagement. This mid-year report continues the narrative from […]
Deep Sea Mining (Part 2) – Legal Framework from a Global & Local Perspective
Introduction In Part 1 of our article, we explored the opportunities and challenges associated with Deep Sea Mining (DSM), with a focus on the role of the International Seabed Authority (ISA) and its Mining Code, which serves as the primary framework for regulating mineral-related activities in the international seabed area, also known as “the Area.” […]
Deep Sea Mining (Part 1): Challenges, Opportunities and Legal Frameworks
Introduction Deep Sea Mining “DSM” refers to the extraction of valuable mineral resources from the seabed in areas beyond the reach of traditional mining operations. These resources include polymetallic nodules, cobalt-rich crusts, and massive sulfides containing critical minerals such as cobalt, nickel, and rare earth elements. The increasing demand for these minerals, driven by the […]
2024 End-of-Year Mining Industry Report
INTRODUCTION The Nigerian mining sector showed considerable resilience and potential for growth in 2024, despite ongoing challenges. The National Bureau of Statistics recently reported that Nigeria’s GDP grew by 3.19% year-on-year in real terms in the second quarter of 2024, surpassing the 2.51% growth recorded in the same period of 2023. This growth, while still tepid, […]
Overview of the Nigerian Mining Sector: Challenges and Opportunities
Nigeria is richly endowed with abundance of mineral resources. The country boasts of more than 40 valuable mineral deposits including clay and kaolin, gold, gypsum, iron ore, lead and zinc, phosphate, and tin across the 36 States. Baryte, bitumen, coal, gold, iron ore, and limestone, lead-zinc and coal have been identified by the Federal Government […]
The Nigerian Mining Sector in 2023 – Future Outlook
Despite abundant solid mineral resources, which include gold, lead, zinc, coal, bitumen, iron ore, limestone and barite, the Nigeria mining industry only contributes 0.15 percent to the nation’s GDP. The contribution, projected to hit 0.34 percent in 2025, is far from the three percent target set out in the country’s mining roadmap. The Federal Government, in […]
2024 Mid-Year Report on The Nigeria Mining Sector
INTRODUCTION In our maiden edition, we discussed the major challenges that plague the Mining Sector, juxtaposing them with some initiatives by the Federal Government targeted at addressing a few of these challenges and evaluating how effective they have been through the years. In this Mid-year edition, we seek to revisit the Mining Roadmap of 2016, […]
