Overview of the Nigerian Mining Sector: Challenges and Opportunities

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

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, […]