• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Mining Minister Fayemi To Review All Mining licences by March 1

Editor by Editor
December 22, 2015
in Business News
Share on FacebookShare on TwitterShare on Linkedin

Mining minister Kayode Fayemi is looking to review all mining  licenses in the country by the first quarter of 2016, giving stakeholders an amnesty period of up to March 1 to regularize their papers.

At the core of his plans, the new minister is looking to turn around Nigeria’s unproductive mining sector which he said has been dominated by artisanal miners, and which contribute only 0.34 percent to GDP.

The minister will be looking to boost the output of minerals such as gold, iron ore, zinc, coal and more than 40 other known minerals, which had hitherto not been exploited as a result of government’s fixation on oil.

RelatedStories

Nigeria secures World Bank’s approval for $2.25 billion loan to boost reforms 

World Bank projects Nigeria’s current account surplus to reach 9.4% of GDP by 2026 

April 25, 2025
LASG,

Lagos state service sector leads GDP contribution in 2024, outpaces others

March 14, 2025

Part of the problems plaguing the mining sector has been a lack of supporting infrastructure including rail and ports.

However, the government’s decision to take mining as a critical economic pillar in an era of sunken commodity prices, is something analysts haven’t fully grasped.

Round the world, resource companies are shedding mining assets as they become economically non-viable in the face of record low prices.

 

 

 

 

Tags: Nigeria GDP
Editor

Editor

Related Posts

Nigeria secures World Bank’s approval for $2.25 billion loan to boost reforms 
Economy

World Bank projects Nigeria’s current account surplus to reach 9.4% of GDP by 2026 

April 25, 2025
LASG,
Economy

Lagos state service sector leads GDP contribution in 2024, outpaces others

March 14, 2025
Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 
Economy

Lagos GDP hits $259 billion, ranks as Africa’s second-largest city economy

March 12, 2025
FG allows marketers to buy petrol directly from Dangote and other local refineries 
Economy

Nigeria targeting 7% GDP growth, beyond projected 4.6% – Finance Minister Edun 

March 11, 2025
Nigeria to earn less forex as natural gas prices fall in January 2023 - Expert
Economy

Top 10 fastest-growing sectors in the Nigerian economy in 2024 

March 6, 2025
Why the Market Is Betting on the Naira, Crypto’s Decline & GDP’s Hidden Story | Drinks & Mics
Digital Media

Why the Market Is Betting on the Naira, Crypto’s Decline & GDP’s Hidden Story | Drinks & Mics

March 1, 2025
Next Post
Why Mansard Insurance did not pay dividends this year

AXA Mansard Insurance Announces Appointment Of Non-Executive Director

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Weekly Market Wrap: Insurance, Consumer goods sectors shine as All-Share Index gains 0.83% 
  • Limitless Without Borders 3.0 in London: Rukayat Alabi marks record-breaking success, igniting a new era of inclusive innovation and entrepreneurial empowerment 
  • Sola Sobowale unveils Ilu Aseyori, Africa’s Premier Agro Smart City, where Nigerians can now own profitable Oil palm plantations 

Follow us on social media:

Recent News

Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

Weekly Market Wrap: Insurance, Consumer goods sectors shine as All-Share Index gains 0.83% 

July 6, 2025
Limitless Without Borders 3.0 in London: Rukayat Alabi marks record-breaking success, igniting a new era of inclusive innovation and entrepreneurial empowerment 

Limitless Without Borders 3.0 in London: Rukayat Alabi marks record-breaking success, igniting a new era of inclusive innovation and entrepreneurial empowerment 

July 6, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics